“Invest Lah!” Has Hit the Major Bookstores!

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“Invest Lah! The Average Joe’s Guide to Investing” is now available at selected major bookstores. Currently, the books can be found at:

  • Borders – Westgate
  • Kinokuniya – Bugis
  • Times – Plaza Singapura and Paragon

More major bookstores, including Popular, will carry the books from this week onwards. For more information about the book, check out this page.

There is also a Facebook page dedicated to the book here. Do “like” us. Periodic updates on where to get the books and other informative videos and articles will be posted up on the page. A contest is also slated to run soon where you can win free goodies. Do keep a lookout for that.

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Invest Lah! The Average Joe’s Guide to Investing

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Have you read investing books thinking you would learn a thing or two, only to be confused with all the financial jargons? Would you like to know three locally listed companies that may make good investments? Do you want to know how to open a brokerage account so that you can purchase your first stock?

If the answers for all the above questions are a resounding “YES!”, you have to catch hold of the latest book to hit major bookstores in the new year!

“Invest Lah! The Average Joe’s Guide to Investing” is slated to make your moolah worth it. This book was written with the intention to be the ultimate go-to book for beginners to learn about investing in stocks, especially in Singapore. The authors wouldn’t be surprised that you love the book so much that you even hug it to sleep.

Topics covered in the book include:

  • Why invest?
  • Myths of investing
  • The concept of Prudent Investing
  • How to analyse a stock to invest in
  • How to read Financial Statements
  • How to read Annual Reports
  • Behavioural finance
  • Case studies of three companies listed in Singapore Exchange
  • Case study of a company that has been taken private
  • Investing in Straits Times Index Exchange Traded Funds
  • How to buy and sell shares in Singapore
  • Corporate actions for locally listed stocks
  • And many more!

Why wait? Grab hold of the book in early 2014, lah!

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Scuttlebutting At Chipotle and Whole Foods Market

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Chipotle Mexican Grill and Whole Foods Market are listed in US and I had a chance to visit them in London, UK. Chipotle Mexican Grill is a chain of restaurants specializing in burritos and tacos. At the counter, the items that you can choose to be put in the burritos are lined up in trays (reminded me of Subway). The store was not that crowded at I went around 3pm, past lunchtime. If I had gone at lunchtime, maybe I could have seen more people dining there. The store I visited is very near Leicester Square (address: 92-93 St. Martin’s Lane London WC2N 4AP).

Whole Foods Market, which claims to be “America’s Healthiest Grocery Store”, is a store that sells organic food, among others. I like one of the concepts in Whole Foods Market where patrons can choose their own takeaway meals and pay a certain amount for every 100g. They have both salad selections and full-meal selections. They store was considerably crowded. The store I went to was at Piccadilly Circus (address: 20 Glasshouse St London W1B 5AR).

Below are some photos I took. The third photo shows the takeaway meals selection that I was talking about.

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Some Halloween fun:

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Three Generations of Buffetts

Warren Buffett

Piers Morgan interviewed Warren Buffett, Howard Buffett And Howard Jr in his show. The whole interview was extremely entertaining with Warren Buffett poking fun at his son. We learn a thing or two about the Buffett family as well.

Warren Buffett also shows what his wallet contains at the request of Piers Morgan, The videos can be seen from the link below:

http://www.gurufocus.com/news/232562/warren-buffett-howard-buffett-and-howard-jr-on-piers-morgan

Why do Restaurants Cluster?

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When you visit an established shopping centre, have you ever wondered how the variety of restaurants survive amid all the competition? Why do such restaurants choose to be located near each other? Wouldn’t sales dwindle due to the close proximity to competitors? It sure seems ironical to be located close to a competitor.

Such clustering is called “agglomeration” in economics. When restaurants cluster together, there may be advantages because that cluster attracts more customers than a single restaurant alone could. Restaurants agglomerate when the benefits of agglomeration are higher than the costs involved.

A great example of the above would be a group of adults going for lunch. Would it make more sense to go to a venue where there are many restaurants to choose from or go to a place where there is only one standalone outlet of McDonald’s? The former makes more sense since there is a variety of restaurants and food to choose from instead of sticking to burgers.

Therefore, the next time you visit the restaurant cluster at Basement 1 of Jurong Point, you can appear smart by explaining to your friends why those restaurants are clustered together.