The Weekly Nibble: Here’s How To Be Financially Stronger

Here are some of the most interesting articles that have appeared on the Motley Fool Singapore’s website this week.

3 Money Management Habits For Millennials

Jeremy Chia looks at three money management habits that all millennials should follow to be financially secure. The three practices are:

a) Saving at least 15% of our income;

b) Paying off any debts; and

c) Investing early.

If we can follow the methods above diligently, we would be able to “grow our wealth and build a sizeable war chest for our retirement”.

3 Tricks To Be A Better Investor

In this article, Stanley Lim shows us three ways how we can be better investors. The tricks he has up his sleeve are:

a) Not checking his portfolio every day;

b) Slowing down his investment decisions; and

c) Not over analysing.

Just like Stanley, I used to over-analyse companies when I first started investing. However, I have since learnt that analysing too much is pointless.

There’s always a lot to know about a business, and it might take aeons to learn everything there is to know. Therefore, it’s more sensible to know just enough to make an informed decision and invest with a margin of safety to take care of the knowledge gap.

Everything You Need to Know About Peter Lynch in 8 Quotes

Peter Lynch was a very successful money manager.

During his 13 years tenure as a fund manager, his fund averaged close to 30% annualised returns. In this piece, we look at eight insightful quotes by Lynch so that we can all learn to be better investors.

Learn more about investing and get investing tips and tricks, FREE! Sign up here to The Motley Fool Singapore's weekly investing newsletter, Take Stock Singapore.

Like us on Facebook to follow our latest hot articles. The Motley Fool's purpose is to help the world invest, better.

The information provided is for general information purposes only and is not intended to be personalised investment or financial advice. Motley Fool Singapore contributor Sudhan P doesn’t own shares in any companies mentioned.