Investing should not be about timing the market, but growing money over the long term.

Synopsis: Every first and third Monday of the month, get a headstart in your personal finance and career with The Straits Times.

Day trading is exciting - all the watching of stock movements and trying to buy low, sell high. 

But experts often say, hold for the long term, and use the benefit of compounding. 

What does that mean? How long exactly is the long haul and what does holding for the long term mean? 

In this episode, ST business correspondent Sue-Ann Tan looks at investing for the long-term future, rather than the here and now. 

Her guests are Gidon Jerome Kessel, group head for Deposit and Wealth Management at UOB and Leong Ji Keet, a financial blogger at SG Money Guide.

Highlights (click/tap above):

3:00: What does investing for the long term mean?

6:23 Which assets should I buy for long-term investing?

8:00 How long is a long-term investment?

14:45 Long-term strategies vs day trading

15:49 Are high-yield bank accounts investments?

19:00 Investing for retirement

Read Sue-Ann Tan's articles: https://str.sg/mvSa

Follow Sue-Ann Tan on LinkedIn: https://str.sg/A86X

Host: Sue-Ann Tan ([email protected])

Produced & edited by: Amirul Karim

Executive producers: Ernest Luis, Lynda Hong & Joanna Seow

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Do note: All analyses, opinions, recommendations and other information in this podcast are for your general information only. You should not rely on them in making any decision. Please consult a fully qualified financial adviser or professional expert for independent advice and verification. To the fullest extent permitted by law, SPH Media shall not be liable for any loss arising from the use of or reliance on any analyses, opinions, recommendations and other information in this podcast. SPH Media accepts no responsibility or liability whatsoever that may result or arise from the products, services or information of any third parties.

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