It seemed like it has been ages since I have written anything on index investing in Singapore. One of the reasons why I haven’t come up with an eBook or a course on index investing is that there really isn’t much value I can add to this space, that isn’t already covered by my older blog posts.
Index investing really isn’t that difficult to understand and there are plenty of well-researched and easy-to-understand resources available. All you have to do is to first invest a little bit of your time and really learn about how and why index investing works. The interesting thing is that, along the way, you will definitely come across basic and foundational concepts to help you out in your investment journey. (no, the handbook below doesn’t exist)
Take the example of robo-advisors. Touted as the hassle-free option to investment : automating investing, skipping costly middlemen and getting good returns – what’s not to like?
YOLO with robo-advisors
Robo-advisors began to go main-stream in the past few years. People invested in them if they were the silver-bullet or even the trendy thing to do. Folks were eagerly comparing returns after just months of putting in their money, with blatant disregard for the timing (of absolute importance since the timeline was incredibly short) they started investing or even the risk profiles they had selected.
This was the case, even when some robo-advisors may be fundamentally based on the concept of index investing and therefore, simply giving market returns. To make matter worst, they were comparing returns across different robo-advisors with varying investment methodologies and numerous unknown variables as if they are supposed to make some sense.
When the market crashed in 2020 this year, panicking investors of robo-advisors were withdrawing their funds and doing the worst thing they could have done. They bought high and sold low. Robo-advisors scrambled to put out content such as Facebook updates and video recordings in order to calm investors’ nerves.
This happened because the necessary education simply wasn’t there. The best way to navigate our own investment journey is to simply learn more about index investing – IF indexing is your cup of tea. Invest in a solid foundation and we can confidently assess the different financial products that life throws at us.
As of this blog post, all the ETFs are my indexing portfolio is back in the green (StocksCafe chart above) due to the incredible rally that seemed to have decoupled with economic reality. Simply by holding and aggressively investing my money when market tanked the worst.
Turtle Investor x Budget Babe collaboration – a free resource
At the end of the day, I suppose there are people who learn differently (not everyone enjoys lengthy blog posts) and then, there are some who would prefer a more structured approach. If you are new to index investing, the topic could seem a little daunting.
It would be difficult not to know about Budget Babe and the tremendous value that she has provided to the personal finance community via her blog. A casual chat with Dawn resulted in this collaboration with her where we will gift you a free resource to get started with index investing.
Over at Budget Babe Academy, you will be able to find the crash course for index investing which you can get without paying a single cent. Just enter the promo code turtleinvestor when checking out to get it for free. Yes, you heard me right the first time. It is free – just for you.
A crash course into index investing is exactly like what the name implies – it is a short and sweet course that you can easily finish the modules within a day.
The introduction content are fairly easy to understand and that’s because the target audience is novice investors who really needed to learn the basics.
If you’re a seasoned investor, then this crash course probably wouldn’t be of much value to you. Different people needs different things, but all roads lead to Rome. At the end of the crash course, there are introductions to the list of courses covering different investment approaches by Budget Babe plus an exclusive discount code.
My usual disclaimer – I don’t benefit in any way if you sign up for Budget Babe’s courses. Please feel free to get in touch with her via her blog if you have any questions about them!
The personal finance community is all about learning from one another. Moving forward, I hope that you would be able to see more win-win collaborations like these 🙂
In case you missed it : the second Turtle Investor x StocksCafe one-year plan giveaway happening right now! Only 14 entries for now, so your chance of winning is extremely high!
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