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The OCBC 3-Step Investment Strategy : |
| 1) Vision -- Know What You Want, When |
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 | Investing only makes sense if you know what you want, and when you want it. In general, investments yield the best returns over the long term. But there are numerous instruments that allow you to reap the benefits in the short term so that you can reduce the car or house loan. But you must know what you want, when, in order to make the most of your investments. |
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| 2) Plan -- Develop And Execute A Sustainable Investment Plan |
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| Now that you have your investment goals sorted out, the next step is to plan. Developing a rock-solid investment plan is important. However, ‘rock-solid’ does not mean rigid. On the contrary, a good investment plan is one that is flexible, whose asset allocation is based on your risk appetite. Strong financial knowledge is fundamental in this process. And because investing is a borderless activity, you need a world-class financial advisor to help you develop and work your Plan. |
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| 3) Manage – Track Your Plan, and Revise Periodically |
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| Managing your plan is perhaps the most important part of the OCBC 3-Step Investment Strategy. Because this is all about your future, your total involvement is absolutely necessary. Making an investment and letting it take its own course is not a good idea. On the other hand, being too ‘hands-on’ could also prove detrimental. A good balance has to be struck between the two extremes in order to ensure a well-balanced growth portfolio. Market forces need to be tracked, lest their impact on your investments go unnoticed. At the same time, changing your portfolio too often may lead to a high opportunity cost. Finding a partner -- a financial expert, whose job is to manage portfolios and ensure a healthy investment portfolio for you, is a sound idea. |
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