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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.

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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.