Here is how you can become a “knowledgeable investor” as according to the Monetary Authority of Singapore. You can also apply the same underlying principle of this trick to minimally meet a government regulation.
The Monetary Authority of Singapore requires investors to either become “knowledgeable” or hire an investment advisor to do their investing. Is this truly to protect investor or there is a conspiracy behind this?
Do you feel smart by going for financial independence? It turns out that it will be a lot harder to achieve if most people are also going for it. So keep your mouth shut, your heads down, and build your nest egg without preaching others to do the same.
