Investment through the ages, from cradle to grave.
02 June 2013
Consult your stock broker
Totally Useless Advice #1
Was watching an episode related to investment recently, and came across a most useless piece of information. The question posed was on what stock to pick at this point in time (in the Singapore market). The advise was to refer to a stock broker. What crap!
Totally Useless Advice #2
Then there was another question regarding generating income from stocks. The reply was to buy blue chip stocks to get good dividend income stream. Rubbish once again!
Totally Useless Advice #3
And here's another one: How should one go about building a retirement income. The answer: buy annuities. No prize for guessing the occupation of the lady giving this piece of advice.
Can we have a better show please!? We're getting horrendous investment advice from TV. Had a more positive impression from past episodes. But this one really irritated the heck out of me.