Have you ever felt that despite all the blogs and online resources available, you still needed that extra something to nudge you towards index investing?
Did you say “yes”?
One place that I’ve learnt a lot from is, surprisingly, the Money Mind sub-forum at Hardware Zone. I know, don’t judge. I tend to lurk around many places đ
There is a particular individual who uses the handle of Shiny Things , and he shared a heck of a lot of sensible stuff that I generally agrees with. Many times, it is related to index investing. He even has his official fan club thread that boasts 389 pages as I write this post.
A couple of times in the past, when folks ask me ‘Hey, I’ve read your blog – anything else you can point me to?’ – my answer is usually Andrew Hallam’sÂ Millionaire Teacher: The Nine Rules of Wealth You Should Have Learned in School (now in 2nd edition).
I’ve always forgotten to mention a second option in the form of an eBook byÂ Joshua Giersch, the guy behind the handle ‘Shiny Things’. Titled Rich By Retirement: Invest Smart, Retire Wealthy, it is an easy-to-read, straight-forward eBook on .. you guessed it, index investing. Even better, it is written in the Singaporean context, for Singaporeans.
Check it out on Indiegogo if you’re interested. US$8 would get you the 82-page PDF copy of the eBook if you’re too busy to go research and compile the index investing resources for yourself. I don’t need the eBook, but I went ahead and bought it anyway because I’m intrigued by the person behind the keyboard. And yes, it gets my stamp of approval. It is an eBook that I’ll happily pass along to my family and friends.
Essentially, this is his eBook in two sentences (which I lifted directly) :
Step 1: Buy term, invest the rest in a low-cost mix of stock and bond ETFs, repeat for 30 years;
Step 2: Go to the pub.
One word of caution – he is as straight-talking as he had mentioned. You may not always agree with him. Personally, I felt that the eBook is generally good advice for the novice investor who is keen on indexing.
I do not knowÂ Joshua Giersch personally. Neither do I gain anything out of the sale of his eBooks. I simply like what he wrote.