![]() This movie gives a glimpse into the workings of small brokerage firm where ambitious high-pressure upstarts cheat ordinary folks of their hard-earned money. The products and tactics may be different 20 years ago, but scam calls are ultimately one and the same – to fleece you of your money. What we learned: Money is never enough but it’s how you use and budget it that matters. It stars Jack Neo, Henry Thia and Mark Lee who go through a host of financial difficulties before rising to the challenge and turning their lives around. Not only did it fill theatres for months and became one of the highest-grossing Singaporean films, it resonated with locals with relatable social and financial scenarios (including the use of Hokkien dialect). The iconic comedy Money No Enough was a game-changer for the local film industry. As for Leeson himself, he says in an interview in Expat Living Singapore : “… everyone makes mistakes but if you do make a mistake, never ever try to hide it.” #3 Money No Enough, 1998 (IMDB Rating: 6.2) It’s not for the faint-of-heart so it’s important to acquire good knowledge of markets and trading first. What we learned: Derivatives are high-risk financial instruments that can potentially result in huge losses. His attempts to cover up his losses eventually led to his arrest and the collapse of the 233-year-old bank. Based upon his personal account of events, it traces his time working for the bank in Singapore where he eventually lost about £827 million (or $1.4 billion) in unauthorised trades. The movie stars Ewan McGregor as derivatives broker Nick Leeson who singlehandedly bankrupted Barings Bank. The Singapore connection makes this movie relevant to us. What we learned: Greed may make you rich, but watch out for the consequences. While the downfall of the movie’s villain became a cautionary tale (spoiler alert: Gekko ends up in jail), fast forward to the 21 st century and it becomes clear that its message is still ever so relevant today. Michael Douglas’s Academy Award–winning performance as Gekko was symbolic of Wall Street’s toxic culture of greed and corruption. It’s a tale of a young, ambitious stockbroker Bud Fox (played by Charlie Sheen) who jumps at the chance to work with Gordon Gekko, an extremely wealthy and successful financier who engages in shady tactics in his quest to make money. If there is one classic movie to watch, it is this. Read Also: 15 Books You Should Be Reading, As Recommended By Singapore’s Current And Former Leaders #1 Wall Street, 1987 (IMDB Rating: 7.4) Movies are arranged in order of when they were launched. You’ll learn about why markets can collapse overnight, how the quest for profits can overshadow ethics and morals, and perhaps pick up a lesson or two as you consider your steps into the heart of capitalism. You’ll find out that the financial world can be greedy and glamorous, exciting yet extremely affecting. Here, we’ve put together a list of the top 10 films that you can watch to learn more about the finance world. Movies may seem like an unexpected avenue to learn more about finance, but there’s no better way to be entertained and educated in just two hours. It’s a minefield for ordinary folks who simply want to invest their hard-earned money beyond an ordinary savings account.īut like it or not, knowledge is the first step to managing your money, regardless of whether you just want to just try the stock market, prepare for retirement or meet other financial goals. If you don’t work in finance, its related industries, or did not study business in school, you will likely find yourself in for a steep learning curve. Pick up a business paper or switch on the news and you’ll read and hear terms like short-selling, margin trading, leveraged buyouts, bulls and bears, market capitalisation, and a host of other terms. ![]() The financial world can be daunting for the uninitiated.
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