The Straits Times Podcasts S2E25: Good investing: Don't time the market, play the long game
Investing should not be about timing the market, but growing money over the long term.
Synopsis: Every first and third Monday of the month, get a headstart in your personal finance and career with The Straits Times.
Day trading is exciting - all the watching of stock movements and trying to buy low, sell high.
But experts often say, hold for the long term, and use the benefit of compounding.
What does that mean? How long exactly is the long haul and what does holding for the long term mean?
In this episode, ST business correspondent Sue-Ann Tan looks at investing for the long-term future, rather than the here and now.
Her guests are Gidon Jerome Kessel, group head for Deposit and Wealth Management at UOB and Leong Ji Keet, a financial blogger at SG Money Guide.
Highlights (click/tap above):
3:00: What does investing for the long term mean?
6:23 Which assets should I buy for long-term investing?
8:00 How long is a long-term investment?
14:45 Long-term strategies vs day trading
15:49 Are high-yield bank accounts investments?
19:00 Investing for retirement
Read Sue-Ann Tan's articles: https://str.sg/mvSa
Follow Sue-Ann Tan on LinkedIn: https://str.sg/A86X
Host: Sue-Ann Tan (suetan@sph.com.sg)
Produced & edited by: Amirul Karim
Executive producers: Ernest Luis, Lynda Hong & Joanna Seow
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