I am sure that you have heard the saying that if you have never failed at anything, then you never tried anything. This saying is quite true. Ask the big captains of industry and the inventors of things that changed the face of humanity and they will tell you how they kept moving from failure to failure.
I certainly agree with those who say that the real challenge is not in falling, it is rather in your ability to rise up after every failure. How to Deal With Failure Properly Learning to deal with failure […]
The world may soon witness a new Gilded Age. The combined global wealth amongst billionaires increased by nearly a fifth last year alone, bringing the total to a combined worth of $6 trillion, The Guardian reported, citing a new study by UBS, a Swiss financial services company. Wealth around the globe is now as concentrated as it was during the turn of the 20th century. “We’re at an inflection point,” the study’s lead author, Josef Stadler, said. “Wealth concentration is as high as in 1905, this is something billionaires are concerned about. The problem is the power of interest on interest – […]
Interview questions can be pretty tough. Employers know if an employee is qualified to do the work before they walk into the interview. The real question is how does each perspective employee react to situations outside of their control. Many companies ask the same old questions but a few have gotten really creative. Let’s take a look at some great answers to some tricky interview questions. 1.Question: What would you do if the Internet went down? This question is posed as a simple problem solving exercise. The lazy and uninspired would probably just call IT and […]
With today’s varied and numerous investment avenues and the unlimited knowledge source that is the internet, it’s possible for practically anyone to become a millionaire in just a few years. It’s even possible to earn your first million before reaching your 20’s, a fact that has been proven by teen millionaires like Fraser Doherty and Cameron Johnson.
But what if you’re no longer in your teens or twenties? Not to worry, as the steps that help make a millionaire are applicable for any person at any age. Being in your twenties however, does have its […]
If you’re looking to climb the ladder to wealth and financial freedom there are plenty of ways you can bring this dream to life. This article explains how real estate can be a valuable investment to help you get ahead of the game financially. Whether you’re thinking of buying as an owner occupier or purchasing an investment property, there are ways you can make your real estate benefit you financially either way! Here’s the catch: When buying a property there are no guarantees that it’s going to make you rich. Plenty of people experience financial stress and never reach the […]
Zuckerberg doesn’t care for opulence.Facebook Mark Zuckerberg, the 33-year-old founder and CEO of Facebook, has a net worth of $74 billion and counting. He’s the fifth-richest person in the world, according to Bloomberg’s Billionaires Index, but it seems he doesn’t have a taste for opulence, especially when it comes to cars, clothes, and travel. As a member of the Giving Pledge and cofounder of the Chan Zuckerberg Initiative, which he started with his wife and college sweetheart, Priscilla Chan, the Harvard dropout has dedicated much of his fortune to charitable causes. Keep reading to find out exactly how Zuckerberg and […]
Too busy to attend a financial planning seminar and plan for the future? Fret not. We have done the homework for you and distilled the collective wisdom of industry experts from GIC, OCBC Bank, and Providend to just five easy-to-follow points. 1. Inflation kills Source Not doing anything with your personal finances, or simply placing your savings in a regular bank savings account, is a surefire path to disaster. This is because the low interest rates offered by typical savings accounts are insufficient to offset Singapore’s rate of inflation, which averages about 2-3% per year. Tay Yan Ling, GIC portfolio […]
Father of behavioural economics Richard Thaler got us talking about his nudge theory when he won the Nobel prize earlier this month. Unlike normal economic theories that assume that all participants can take rational decisions, behavioural economics says as mere human beings, we are prone to irrational actions and therefore, need to be “nudged” in the right direction. Thaler insists that ‘positive nudges’ regarding investments can work wonders. There are several examples of positive nudges by the government in our country. Tax concessions for some long-term savings products are probably the best examples. Regulators, mutual funds and financial planners, among […]
The quirky cool girl you always see knitting on the train? Her side hustle is selling on Etsy. The tech support guy you sometimes sit with at lunch? He does his own freelance web design. And that chatty stranger who stopped you in the street to take an Instagram photo of your outfit? She’s hustling, too, with her commercialised blog. Everyone is at it. The side hustle in all its forms is a distinctly Millennial concept. With more options than ever, you might be tempted. Here are five unexpected reasons why you should get hustling today. […]
Bill Gates, Elon Musk and Jeff Bezos have a combined net worth of approximately $195 billion. Together they have amassed more money than the GDPs of Greece, Hungary or Algeria. While each entrepreneur has a unique set of traits that has made him successful, these three tech founders also have a few things in common that have allowed them to build some of the world’s most respected and innovative organizations.
Impeccable pattern recognition. In 1975, Bill Gates dropped out of Harvard after just two years. He reportedly spent more time using computers in the computer lab than […]