Nick Foo & Associates

Nick Foo & Associates

Share

Learn how to manage your finances wisely here!

02/11/2021

Do you have the stomach to handle the volatility of the investment market? πŸ€”

The amount of bad news you can hear is almost infinite now. πŸ˜ͺ The question lies in your tolerance for pain. There will be declines in the investment markets. But can you stomach the declines? Most successful investors do well because they can just hang in there. πŸ’°

Peter Lynch is recognised as one of the most successful investors of all time. During his time managing the Magellan Fund at Fidelity (1977-1990), the fund averaged 29% returns per year, increasing assets under management from $18 million to $14 billion as of 1990. πŸ’―

Photos from Nick Foo & Associates's post 19/10/2021

Which is your favourite colour? 🎨

Do you believe that the choice of colours in the company logo and office surroundings etc make an impact to the company's profitability?πŸ’° In fact, the colours affect consumers' perception of the company brand. πŸ™‚

While this may seem rather insignificant, companies do spend lots of efforts considering colours in their marketing collaterals! πŸ˜„

Photos from Nick Foo & Associates's post 27/09/2021

Do you invest or do you trade? πŸ€”

With all the volatility in the market, do you practice technical analysis when trading? πŸ”Ž

Here are 5 of the common indicators used by many traders! πŸ“Άβš οΈ

Which is your favourite tool? 😊

22/09/2021

Is it difficult to navigate your way to success in the stock market? πŸ’°

Here's what Warren Buffett said about the route to riches. What do you think? Do you agree? πŸ€”

Photos from Nick Foo & Associates's post 10/09/2021

Are you invested into cryptocurrencies and Bitcoin? πŸͺ™
Which rank are you in? πŸ†

As we are in September, the market tends to be relatively volatile. ⚠️ Cryptocurrency such as Bitcoin is no stranger to volatility. The higher your rank, the greater the impact. πŸ’―

Which rank do you envision yourself to be? 🎯

Photos from Nick Foo & Associates's post 08/09/2021

What are the different stocks to invest in? πŸ€”

Here are 6 different categories of stocks to choose from. πŸ’° Your risk appetite and investment methods may also impact the type of stocks to choose from. ⚠️

It's important to understand the difference between these as they are often brought up in the investing world. πŸ’―

Which is your favourite type? Do let us know! 😊

02/09/2021

Humans are born losers when it comes to investing. Our emotions often cause us to buy when the market is booming and sell due to fear. πŸ˜ͺ

The best protection against poor market timing is a disciplined strategy of consistent investing. Create a plan, stick to it and rebalance the portfolio periodically. πŸ†

Consistency is key in investing. Make it a habit. πŸ’―

Photos from Nick Foo & Associates's post 30/08/2021

Have you ever wondered which asset class to invest in? πŸ€”

There isn't any perfect investment. Neither is there any one-size-fits-all investment vehicle. πŸ—

All asset classes have their pros and cons. Today, let's look at some pros and cons of stocks and real estate!🏠

Before you start your investment journey, do consider your financial situation, risk appetite, financial goals and do your due diligence! 😊

Photos from Nick Foo & Associates's post 24/08/2021

What is your investment style? 🎯 Growth investing has gained much traction in recent times. However, every investment style comes with a level of risks and pitfalls. 😬

Growth companies tend to experience heavy cash burns in a bid to upscale their business amidst the highly competitive, high pace of innovation. Sadly, this means that not all of these companies will make become successful. πŸ˜ͺ

The ultimate question lies in whether the company remains profitable in a long run. πŸ€”

Have you done your due diligence and research before investing? πŸ†

19/08/2021

Do you have what it takes to be a successful investor? πŸ€”

Investments comes with risk. It is important to understand your risk appetite before dabbling into the world of investments. ⚠️

There is also no perfect timing to invest. Dare to take calculated risks and your investments should turn out fine. πŸ’°

Photos from Nick Foo & Associates's post 17/08/2021

Budgeting is never easy to start. πŸ˜ͺ

However, budgeting is crucial. Without budgeting, your money may just slip through your fingers with no way to account for it. 😬

Creating a budget and sticking to it is essential to getting your finances on track. πŸ’―

Facing difficulties in doing up a proper budget? Hit us up to do it up for you! 😊

12/08/2021

At different stages in life, we have different priorities and abilities. As we age, we may start to lose out on energy and get tired more easily. However, at a young tender age, we lack the capital to invest. πŸ’°

Anyone who has all three of these elements will then be able to enjoy life at their fullest! πŸ’―

Which stage are you at? And at what age will/did you start investing? πŸ€”






Want your business to be the top-listed Accountant in Singapore?

Click here to claim your Sponsored Listing.

Location

Telephone

Website

Address

Singapore