Albert Einstein once said, "The only source
of knowledge is experience".
In this segment, a professional financial planner and other seasoned investors share their advice with the benefit of hindsight
"I cannot stress enough the importance of investor education." Apelles Poh - Certified financial planner, author and motivational speaker
What is the best investment advice you have received?
One of the best advice I have received is that stock markets will always rise
over
the long term as consumption (quantity and quality) and productivity increases. In
addition, the very essence of the human spirit and our ability to innovate and
desire to "make things better" also help economies and companies grow. This is why I
believe that equities will outperform bonds and bonds will outperform cash, over the
long term. This core belief helps me to remain calm when markets are down.
What do you think are the first steps for new investors?
I cannot stress enough the importance of investor education it makes the investor less likely to be influenced by their emotions when investing. I believe that there are seven key principles which can guide investors:
