Asked on 02 Dec 2019
What are the top investment courses in Singapore and are they worth going for?
I went through several investment courses. All of them have their pros and cons.
There is no definite answer to this question, I guess...
Ask around for their students' results! Maybe it will help to give some clues?
There is a lot of courses out there, in different format, and some may even free.
However, very much depends on personal needs.
It is similar to signing up a gym, are you looking for equipment, environment, community, coaches, facilities, locations, classes, etc
So for investment course before making a decision, list out the things that you are looking for and what are the stuff that you like to learn then, instead of finding the best investment course, find the one that most suites your need.
For me personally,
Investment Methods (Fundamental Investing, Value Investing, Options Investing, etc)
After Program, Continous Learning
Community (I'm a procastinator, I need accountability and push)
There are some of my friends who would never attend investment courses. They are self-learners.
There are some of my friends who prefer to spend money and short-cut their learning journey.
In this latter scenario, here are some things you should look out for:
quality of after-support activities
instructors' track record (do a bit of digging on the background of the instructors)
whether the provider is a one-man show or has a solid team behind
You'll find your answers from there!
THere is no one-size fits all investment course.
However, some investment courses will provide you with a good starting point by teaching the key pointers that you need to know before you embark on your investment journey.
You should not expect to learn everything there is to know from a single course. Instead, use an investment course as a jump start to your investment journey.
Make sure that you get your money's worth. Courses tend to run in the thousands and you will want to ensure that you evaluate them before signing up. Read reviews and testimonials, check out the trainer's profile and know what kind of support you'll get after the course. Some courses can be eligible for skillsfuture or IBF funding, and that's a good thing as these courses have their content vetted before being allowed to be eligible, you know you won't be getting poor returns for your money.
Lastly, and most importantly, take action. You can attend all the courses in Singapore and end up back at square one if you don't take action to apply what you learned.
I don't think there is any top investment courses per-say.. Because if there is, everyone would have went for it! With that said, I do have a friend who paid $3+K SGD for an investment course that teaches you the basics of investing which you can easily find online.. That is disappointing.
Nonetheless, whichever you choose, there is only 1 important thing you need to do: TAKE ACTION. You will be shocked at how many people don't do anything after attending such investment courses. And then after a while, everything settles, and you are back where you initially started. The course has become a cost for you instead..
So most important is take action, and be with a group of liked minded community to guide and push you along!!
Personally, i rather learn on my own. This is because stock investing requires you to know your own temparment.
Furthermore, investing requires you to read up on your own knowledge for business prospecting. If there is a course I would recommend, that is to pick up the ability to read accounting. This means taking up an accounting module at one of our top 4 univeristies (funded by skillsfuture) or take it during your free time at one of the NTUC learninhub courses
There is no one best, as everyone's needs are different. Some like trading futures, some like evaluating financial statements to find undervalued stocks, some like managing options, some like the rush from fx, etc.
Rather, you will need to evaluate yourself first. Can you handle day trading? Can you stomach sudden drops in the stock market (like tonight in the US market)? Understand your psychological approach to handling/managing money.
From there, attend the free previews. Have a look at the trainers. Does what he/she speak about resonate with you? Find out how long they have been training others. Look at the size of the community they have built. The trainer's track records. The track records of the community. Is there growth and how many have used the methods taught to achieve their financial freedom and fired their bosses?
If there is a lot of ra-ra involved, I'll suggest walking out as it'll just be a waste of time. If the trainer promises fast profits, walk out as well.
Personally, I've been to a few workshops and paid for them. Currently managing an options portfolio which will allow me to retire earlier than a lot of my peers.
You will always be the biggest investment that you own. Learn from as many people as you can, pick up skills from as many sources as you can.
Thereafter, internalise everything and create a strategy that you are comfortable with and works for you.
Here is everything about me and what I do best.