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If you don’t invest, trade, make more money, you end up worse off!

Declining purchasing power: make more money to stay same spot

‘Invest in stocks? Trade forex? Too risky lah!’ But but this is picture says die die also must trade. Because at the existing inflation rate in Singapore and the interest on savings banks are giving you, you will be worst off in future. Unless your job gives you minimum 3.15% increment every year.

Make more money



Is forex trading risky?‘ Not any more than any other investing activity. ‘Where will decreasing purchasing power affect me?‘ Where it hurts most: Housing, Transport and Healthcare.

Consumer Price Index

Singapore CPI 2012

Four things to do to stay happy, wealthy

Ok I think I am convinced. What do I do?‘ Well I said it before and I say it again now; there are not many options available to an individual or household. You can:

  1. Bochup. Because if you don’t know its there, it is not there.
  2. Complain, talk to Member of Parliament, maybe some program will come up in next year’s budget.
  3. Cut household expenses. I don’t like this because saving money is passive. And then cut away beef steak at restaurant, eat luncheon meat at home only can but cannot cut away things like medical, transport and handphone expenses to stay in touch right? Right?
  4. Lastly, make more money.

Director, TerraSeeds Market Technician Pte Ltd. Trader, investor. @sohtionghum was picked ‘Top 70 Forex Twitter in 2015’. Operates multiple strategies.

“Dear reader, I do not have a financial license to give advice. I do not know you the reader. Your financial objective and risk tolerance may be different from mine. I am not responsible for any consequence of your action.

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2 thoughts on “If you don’t invest, trade, make more money, you end up worse off!”

  1. Daniel Ku Guet Liang says:

    my tot:
    for those who had played Monopoly, they probably have experienced that playing safe/conservatively (like merely getting fixed salary) does not win in the game (even in real life). There is a good lesson behind this game – one should push oneself beyond the cozy comfort offered by payday & take calculated risk; the latter can only be achieved from acquiring knowledge, experience and some failure.

    1. Soh Tiong Hum says:

      Successful traders and investors are better paid because they take risks that most individuals don’t want to. In my opinion, the difference between failure and ultimate success comes down to 1) choosing the right approach 2) having plenty of stamina to keep going. Its on big marathon of life.

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