Have you been sharing good financial habits with your loved ones and your kids?
A recent article I read has some ideas to share.
In a nutshell, parents were advised to speak to their kids about appreciating the value of money.
It’s vitally important for children to understand that money is earned through considerable effort and that they should always spend within their means.
By instilling these important tenets in them, they will grow up to become responsible adults with the financial discipline to build and grow their savings.
But, why are savings so crucial in wealth-building?
Simply put, if you don’t save, you can’t invest.
Personal finance stands at the core of all successful investors, because if you do not squirrel away enough money every month, then you won’t have any to spare for investments.
So, by teaching the next generation the importance of savings and the value of money, we can provide them with the head start to begin building up their retirement funds from the very moment they step out into the working world.
And that’s probably the best gift that a parent can bestow on their offspring.
Here is a list of our top articles for this week.
1. 3 Stocks That Are Displaying Explosive Growth
These three companies are exhibiting strong growth and have the potential to bring your investment portfolio to new heights.
2. This Stock Has Increased Dividends for 47 Years: Is It a Buy Now?
This company has increased its dividend for 47 consecutive years and its business is rock-solid. Should investors include it in their portfolios?
3. Banks May Be Ready to Start Dancing Again
With an economic recovery firmly in place, banks are starting to see better days ahead. Here’s why the sector may be doing better than expected.
4. Why I Am Not Buying Chinese Stocks Now
Despite the sharp share price falls of numerous Chinese companies, here are some reasons why I will not be touching any of these stocks for now.
5. Mapletree Logistics Trust’s DPU Has Been Steadily Rising: Is There More to Come?
Mapletree Logistics Trust (SGX: M44U) has proven its mettle by reporting rising distributions over the last five fiscal years. Can the REIT continue to grow its distributions in the future?
6. 2020’s Best-Performing Stock Recently Plunged 26% to a Year-Low: Is It Time to Buy?
The best share price performer of 2020 just saw its stock plunge by 26% recently. Now hovering at a 52-week low, does it constitute a bargain?
7. Nanofilm Technologies Has Plunged 33% In a Week: Should Investors Be Worried?
Nanofilm Technologies (SGX: MZH) has been on a roller-coaster ride this week as its share price first plummeted, then subsequently recovered. Should investors be concerned by this volatility?
8. Can Vaccinated Travel Lanes Breathe Life into Singapore Airlines’ Stock?
With the recent establishment of vaccinated travel lanes for travellers, could this represent a sliver of hope for Singapore Airlines Limited (SGX: C6L) to increase its capacity?
9. Asia’s Silver Tsunami is Coming: These Stocks Can Ride the Wave
Asia is poised to see a wave of seniors by the middle of the century as its population ages. Here are some stocks you can look at that can take advantage of this tsunami.
10. 7 Warren Buffett Tips to Help You Navigate a Choppy Stock Market
Worried about market volatility? Here are seven pieces of advice from a wise investment guru that can help you stay sane.
11. Which Broker Should You Choose?
If you’ve been deluged by a flood of new and old brokers and cannot decide which one to choose, fear not. We have a handy guide ready to point you in the right direction.
We found 5 SGX stocks that can pay you dividends for life. Find out their names, and why at least one of them should sit in your portfolio in our special FREE report. Click here to download the report now.
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Please refer to the individual articles for stock ownership disclosures.
