The Business Times
business-time-50

Showing discipline when investing

Gambling-related psychological tendencies can cause investors to take excessive risk

google-preferred-sourceAdd BT as a preferred source
Published Sun, May 24, 2015 · 09:50 PM

    MANY months ago, I talked to a young man who was sharing his experiences trading foreign exchange.

    It was quite the cautionary tale.

    He was 19 years old then and serving National Service. Influenced by friends who were into investing and trading, he signed up for an online account that allowed him to trade foreign exchange with 400 times leverage. His initial capital was S$2,000 of his own savings.

    TRENDING NOW

    In 2027, the combined maximum incentives for EV cars will be lowered to S$20,000 from S$30,000 currently.

    Record Cat A COE: expiring EV perk, longer bidding interval behind ‘re-run of 2025 mania’

    Philippine’s Maharlika support for Petron through a credit facility shows the sovereign fund’s role in the nation’s energy security.

    Early payout from Philippines’ Maharlika Investment Fund raises eyebrows over its true nature

    SGX has divested its wholly owned subsidiary, Scientific Beta, to global index provider Stoxx.

    Stocks to watch: SGX, Aims Apac Reit

    Recent cuts at e-commerce platforms such as Shopee is signalling shifting business priorities.

    E-commerce job cuts signal S-E Asia’s shift from scaling to deeper user engagement

    Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
    Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
    View More