Anonymous
I heard that there are two types of investing. Passive and active. How do I know which one i belong to?
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Albert Tan
03 Jul 2019
Financial Literacy & Solutions at MoneyOwl
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Passive investing could mean investing in an index. Upside is that you do not have to micro-manage your holdings, you have more time to do other stuff and your returns will not be too far off the market performance. However, this can be a limting factor when market performance is low and it'll drag down your portfolio performance.
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To each his own. If you enjoy studying the markets and crunching numbers and statistics, active investing might be a more fufilling experience for you. If you aren't, then you are probably more suited to a passive investing style.
Here's a good read to explain the differences and what are some factors to look out for in investing :) https://advice.moneyowl.com.sg/the-right-way-to...