Mano Sabnani's money secrets : cruise your way to financial freedom / Mano Sabnani.

Format:

Book

Author/Creator:

Sabnani, Mano, author.

Language:

English

Subjects (All):

Retirement--Planning.

Retirement.

Physical Description:

1 online resource (160 pages)

Edition:

1st ed.

Place of Publication:

Singapore : Marshall Cavendish Business, [2019]

Summary:

Imaginary Friends is a collection of modern fables for adults based on the letters of the alphabet. These modern morality tales are humorous, witty and great fun to read. Come meet Annie the Ambitious Apple, Greta the Grouchy Grape, Olivia the Overachieving Octopus and their friends. Accompanied by quirky illustrations that capture the perculiarities of these personalities, you will be chuckling along as you see your friends and colleagues in many of these imaginary friends.

Contents:

Cover

Title

Copyright

Contents

Foreword by Leslie Fong

Foreword by Wong Fong Fui

Preface

Prologue: Slaves in a Globalised World

Chapter 1: Are you Financially Literate?

The Three Prongs of Financial Planning

- Your Worst Enemy Is Yourself

- Prong No. 1: Savings

- Prong No. 2: Insurance

- Prong No. 3: Investment

Chapter 2: Is sgx the Singapore Gambling Exchange?

The Volatility of Stock Markets

The Differences Between Markets and Casinos

Investing and Gambling

Chapter 3: Banks are not your Friends

Banks are Privately Run and Profit-Motivated

Interest Rates on Deposits

Deregulation of the Finance Industry and Global Financial Crises

Singapore Banks

Should I Get the Bank to Invest My Money?

Chapter 4: Routes to Financial Independence

Getting There Whichever Lane you Travel in

General Principles

- Case Study One: The Fast Lane - High-Income Earners

- Case Study Two: The Middle Lane - Middle-Income Earners

- Case Study Three: The Slow Lane - Low-Income Earners

- A Side Street? Alternative Routes To Financial Freedom

Chapter 5: How and What to Invest in

What Should I Invest in?

Core Principles of Investing

- Combine Common Sense With Critical Thinking

- Cultivate Emotional Discipline

- The Concept Of Mr Market

- Invest As Part Of A Holistic Financial Plan

- Know What You Are Doing

- Can You Trust These Guys?

- Are These Guys Capable?

- Decide On Your Investment Approach

- How Risk-Averse Are You?

- Find The Asset Allocation That's Best For You

- Don't Fear Risk - Manage It

- Develop Independence Of Thought

- Recognise The Power Of Dividends

- Seek Fellowship With Other Investors

- Plan And Invest For The Long Term

Chapter 6: Property and Reits

Property Versus Stocks: Which should I Focus My Investments on?.

Know your Real Estate Investment Trusts

- Potential Pitfalls Of REIT Investments

Physical Property

- The Ups And Downs Of The Property Market

Chapter 7: Buy Growth Stocks in Crisis (GSIC)

General Market Crises

Stock-Specific Crises

My Experience of Investing in Crises

Chapter 8: Common Sense Stock Valuation

The Chicken Rice Restaurant Model (CRRM)

- Cut Through The Numbers With Your Common Sense

- Applying The CRRM To Actual Stocks

Dividend Yield

Price/Free Cashflow (P/FCF)

Caveats to the Chicken Rice Restaurant Model

More Esoteric/ Complex Measures of Value

- Enterprise Multiple (EV/EBITDA)

- Discounted Cashflow (DCF)

Chapter 9: Scams, Shady 'Investments', and your Rights

When you should be Especially on your Guard

- Unregulated Investment Schemes And Organisations

- Psychological Manipulation is in Play

- The Returns Are Logically Unrealistic

- The Organisation Focuses On, And Pays You, Mainly For Recruiting More People

- The Investment Methodology Does Not Make Sense

- The Assets Being Promoted Are In Another Country

- The Auditor Is Not Established, Or The Company Won't Tell You Who They Are

- The Company Does A Lot Of Confusing Things

- The Company Is Tight-Lipped When Things Go Wrong, But Shouts Out Good News From The Rooftops

Further Thoughts on Listed Companies

- Some Listed Companies: More Monkey Business Than The Zoo

Shareholders' Rights and Remedies in Singapore

- Shareholders' Rights

- Remedies Under Singapore Law

Epilogue: Financial Independence is key to Attaining Lasting Happiness for you and your Family

About the Author.

Notes:

Description based on print version record.

Description based on publisher supplied metadata and other sources.

ISBN:

9789814841139

9814841137

OCLC:

1088329827