Stick to basics of investing to ride out this period

Diversify, understand the risks and know the product you are putting your money into

Dealers work in front of monitors at the Hana Bank in Seoul on Sept 4, 2020. PHOTO: EPA-EFE
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"Don't put all your eggs in one basket" may be a bit of an investing cliche, but proper application is critical to ensure risks are spread out over a variety of investments.

Back in the 2008 Lehman Brothers minibond crisis, Securities Investors Association (Singapore), or Sias, encountered the case of a retiree who had put her entire retirement fund of $560,000 into the minibond.

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A version of this article appeared in the print edition of The Sunday Times on September 06, 2020, with the headline Stick to basics of investing to ride out this period. Subscribe