Investment Talk

[joekia]

600 can buy a nice dinner with family already... Mai hiam la.. Money in pocket always sounds better than a loss

[Throttle]

600 can buy a nice dinner with family already... Mai hiam la.. Money in pocket always sounds better than a loss

 

yah, $600 just nice for a box of cigars.

[regina90]

hahahah.. niceee niceee

[Throttle]

hahahah.. niceee niceee

 

Huh ? ???

[joekia]

Straits asia - Hit by high cost; sequential improvement in 2H10 priced in Maintain Hold TP revised to 2.25

 

- DBS

 

Looking to buy back below $2 again... You still in there?

[Throttle]

Straits asia - Hit by high cost; sequential improvement in 2H10 priced in Maintain Hold TP revised to 2.25

 

- DBS

 

Looking to buy back below $2 again... You still in there?

 

 

 

I bot at low $2s so definitely in there.

 

I think the bad figures have been priced in.

Straits Asia Resources on valuation basis is still good in my view.

I'm not looking for too much. think about $2.50 should be right.

 

today took profit on M1 about 25%. bot ST eng

[joekia]

Yeah I thought so too. That's why looking to buy back.. Like you said, at this price now, it's prettyucj priced in...

[exige]

.... been trying to read them up so im still a noob.

 

I would really appreciate the advice. thanks in advance!

 

 

Hello pal, I have been reading up on stocks for the past decade, and is still reading up on stocks now. So am I also a noob?

 

=)

 

No worries about being a noob. But whatever move you make in stock investments, please think through properly first. Because while it might sometimes be easy to make quick gains, it is often far easier to make quick (and big) losses if you don't know what you are doing.

 

Agree with Throttle that you could be a good target for MLM people.

 

If you are interested in stocks; ie: long long term investment from what I see in your original post, I will recommend you read books on Warren Buffett.

 

Else not, you're probably better off just:

1) Putting your money in the bank (Recommended if you dont know anything, and don't bother to put in good effort to study)

 

2) Let your financial planner / banker / etc, handle everything for you. Not that they are definitely good, but at least if you don't know anything, you wont lose everything with them. (Usually....)

 

3) Buy the index. Eg: STI ETF. Just keep buying in regularly on a dollar-cost averaging approach. Not that this is what I do, but this is a decent long long term plan that will work for most people, as long as proper discipline is adhered to. Because most retail investors (80%) are never able to beat the index over the long term. (Long term meaning: in terms of years or decades)

 

Hope this helps.

[exige]

Btw, just thought I'd drop a quick intro of myself:

I have been investing in stocks on/off for the last decade. Started reading on it and bought my first stock (self-funded capital from savings) during my National Service days, and continued into it during my university days, and till now.

 

Done day trading, contra-trading, and short-selling, etc, before. However, I am now only into long term investments, with stock selection by way of fundamental and economic analysis, without the use of any derivatives, or warrants, or leverage of any sort. All my current stock holdings are well in the green, and I have not sold any stock in the last 10-12 months. Whatever capital gains or dividends that were received were accumulated and re-invested whenever a good opportunity pops up. I also seldom have a need/urge/feel to check on the stock prices more than once a week. Often when i check on the prices, its only because I'm feeling bored, or when I am buying in some shares.

[joekia]

Btw, just thought I'd drop a quick intro of myself:

I have been investing in stocks on/off for the last decade. Started reading on it and bought my first stock (self-funded capital from savings) during my National Service days, and continued into it during my university days, and till now.

 

Done day trading, contra-trading, and short-selling, etc, before. However, I am now only into long term investments, with stock selection by way of fundamental and economic analysis, without the use of any derivatives, or warrants, or leverage of any sort. All my current stock holdings are well in the green, and I have not sold any stock in the last 10-12 months. Whatever capital gains or dividends that were received were accumulated and re-invested whenever a good opportunity pops up. I also seldom have a need/urge/feel to check on the stock prices more than once a week. Often when i check on the prices, its only because I'm feeling bored, or when I am buying in some shares.

 

 

Wow.. You've attained a level of maturity that you won't even check on the prices so often. Really long term investor.

 

I'm still stuck in the cycle of looking at it min by min...

[Throttle]

2) Let your financial planner / banker / etc, handle everything for you. Not that they are definitely good, but at least if you don't know anything, you wont lose everything with them. (Usually....)

 

 

 

 

Sorry Bro, this i absolutely cannot disagree more.

 

for retail clientele in this context, the financial planner , banker etc are mostly if not completely bullshit. just out to earn comms lah...trust them better trust yourself

 

thats the reason for the minibond case essentially

 

eg.

I walk into DBS treasures counter to do transaction, some "banker" tried to explain to me how great a structured note was. he couldnt even explain the downside clearly. Of course I just smile and nodded, rejected and thank him without being impolite.

[Throttle]

Btw, just thought I'd drop a quick intro of myself:

I have been investing in stocks on/off for the last decade. Started reading on it and bought my first stock (self-funded capital from savings) during my National Service days, and continued into it during my university days, and till now.

 

Done day trading, contra-trading, and short-selling, etc, before. However, I am now only into long term investments, with stock selection by way of fundamental and economic analysis, without the use of any derivatives, or warrants, or leverage of any sort. All my current stock holdings are well in the green, and I have not sold any stock in the last 10-12 months. Whatever capital gains or dividends that were received were accumulated and re-invested whenever a good opportunity pops up. I also seldom have a need/urge/feel to check on the stock prices more than once a week. Often when i check on the prices, its only because I'm feeling bored, or when I am buying in some shares.

 

 

thats good, mate.

 

but i'm sure you understand, it's not difficult not to sell stocks in the last 10 - 12 months simply becos the trend was basically upwards.

 

but whatever it is, I respect your sound personal investing principles mentioned.

[kmax]

received email from dealer.. V-shaped Singapore recovery; buy domestic proxies

BofAML - Strategy 270410.pdf

[cougar]

Whats the reason for funds coming into Sg instead of HK? Our property mkt boom?

[exige]

Wow.. You've attained a level of maturity that you won't even check on the prices so often. Really long term investor.

 

I'm still stuck in the cycle of looking at it min by min...

 

haha.. No worries.. I used to do that too. Last time when I go to the toilet and sit on the toilet bowl also I'll take out my handphone to check on the latest prices (using WAP that time).

 

For me, I've seen too many cases where people have worked so hard day and night for a measly paycheque each month, only to lose months and months of savings in a matter of days (or shorter).

 

...eg.

I walk into DBS treasures counter to do transaction, some "banker" tried to explain to me how great a structured note was. he couldnt even explain the downside clearly. Of course I just smile and nodded, rejected and thank him without being impolite.

 

That's a good one. I guess its hard for us to completely stop them. We can only ignore them and hope they will not "cheat" too much innocent folks.

 

thats good, mate.

 

but i'm sure you understand, it's not difficult not to sell stocks in the last 10 - 12 months simply becos the trend was basically upwards.

 

but whatever it is, I respect your sound personal investing principles mentioned.

 

Thanks Throttle..

I'm visiting this thread to learn more from everyone here also. Only by sharing can we improve ourselves most. I figured that while I'm not so good at all the technical biking stuff in sgbikes, I guess I can contribute more in the financial/investment area.

 

And yea.. Its hard to sell stocks when the trend is heading upwards.

Instead of cutting profit (taking profit too early) and letting losses run (not enough discipline to sell in the face of losses), we should cut losses (mistakes) and let good profits run.

[violord]

If you want to evade inflation, reserve some of your savings to gold. And I mean physical gold. (not paper gold). It is also a safe investment which will always carry value.

 

I know gold wholesalers whom I have contacts with...minimum purchase is 10grams. Also availabe are 'credit suisse' bars(while stocks last).

To survey on the ever rising trend of gold, click on the link below:

http://kitco.com

 

PM me if anyone's interested.

[joekia]

If you want to evade inflation, reserve some of your savings to gold. And I mean physical gold. (not paper gold). It is also a safe investment which will always carry value.

 

I know gold wholesalers whom I have contacts with...minimum purchase is 10grams. Also availabe are 'credit suisse' bars(while stocks last).

To survey on the ever rising trend of gold, click on the link below:

http://kitco.com

 

PM me if anyone's interested.

 

 

 

Gee.... Care to share more on how it works?

[cougar]

Only UOB sells real physical gold with cert, but their prices are marked up alot from market rate. The other gold trader i forgot the company, but thats all, the rest only sell gold accounts.

[hydrop]

STI opened below 2800 today!

 

Looks really like a W shaped recovery now haa haa.

[CMYRS]

Beeautiful night for shorts last night, crude flew south $5.50 in after mkt hours, you couldnt even catch it on the trading ladder, bloomberg, reuters, futuresource charting platforms all froze as the Dow was free falling for 10mins..............

[Throttle]

Always like that when i go travelling.

Dow dropped so crazy due to a bum trade.

 

Monday will cherry pick again.

[CMYRS]

not to worry, there's always another round.

 

a little birdy says hedge funds are liquidating their positions across the board, round 1 was the last 2 nights.

[violord]

Gee.... Care to share more on how it works?

 

Simple:

 

1) Decide how much you want to invest. (I'll tell you how many grams you can purchase with that)

 

2) Compare prices, then confirm your interest.

 

3) Deal (U keep the gold...I keep the money)

 

4) Sell it off when you want to cash in. (you can sell it to me or even the pawn shops)

 

Just for ur interest: the price for 1 gram of pure gold went up by $1.48 since my last post.

Edited May 10, 2010 by violord

[joekia]

Simple:

 

1) Decide how much you want to invest. (I'll tell you how many grams you can purchase with that)

 

2) Compare prices, then confirm your interest.

 

3) Deal (U keep the gold...I keep the money)

 

4) Sell it off when you want to cash in. (you can sell it to me or even the pawn shops)

 

Just for ur interest: the price for 1 gram of pure gold went up by $1.48 since my last post.

 

So what do you earn? Why is it better than investing the Gold ETFs?

[exige]

So what do you earn? Why is it better than investing the Gold ETFs?

 

LoL.. that's always the best best question to ask an advisor