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STI to cross 3000 boosted by long-term investors
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kelvinLim123
Master |
05-Jan-2013 14:04
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And if you talk abt value investing, you got to start young, for me at most i got another 40 if i m lucky to be 100. even 10 yr from now, I think i will be limping, so what so good abt having 10 Ezion in my pocket. WB start from young, if you are young, u are lucky, time is on your side, u can do value investing.u can take advantage of another few mkt crashes. btw, if i m unlucky, another 30sec, but i think another 20 yr will be more realistic for me.because that is slightly more than the ave age for singapore man.75 20 yrs, another 10 , money many also hang over to other. so cant afford to look for another Ezion, too late for me, only can play penny and enjoy now. live one day at a time. good luck guy. |
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kelvinLim123
Master |
05-Jan-2013 13:55
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BTW, talking abt holding till cow come home, I know one guy he really hold Venture from 35c, 30 lots till now, because he was lucky to hold Venture, the profit and div erase all his other losses, and  still end up hugh profit. But how many of us will be so lucky like him. He is my uncle, unbelievable, right? but it is the truth, i m not making story. he hold Gaoxian also,  and some s-chip i cannot remember he told me suspended. Provided you are lucky to hold another venture in the making, pls have a stop loss. My uncle got hugh prodit, but the stresses he gone thro, is not worth it. with the s-chip.   Have a Cut loss,  so u dont need to cut your sleep.
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kelvinLim123
Master |
05-Jan-2013 13:48
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Yes, venture was once a penny, i play it when it was 30c, nw $8!!! But you ask yourself, how many penny grow up to be blue chip like venture, if they can be like Ezion , u already strike gold. And then you ask again, how many penny out there will be like Ezion?? Honestly, dont bluff yourself that the penny u hold sure be a Ezion. The worse thing to do is to bluff ourselves, Then you will know why u have to have a cut loss for penny. What is the chances of foreland, qingmei, M devep, or even informatic and rowsley will be another Ezion.???  
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medivh
Elite |
05-Jan-2013 12:26
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yes..there are investors and traders.. but all alike wants to earn $$$     if you lucky investor, you " hoot" 1 good penny stock that will earn you x1000 times (provided they still stay in business)             however, ppl like to fall in love with stocks and they donno when its time to bill out..                   that is why its impt to know this saying " strike when the iron is hot"                         and  to implement  " don't get caught with your pants down"   LOL..  
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iPunter
Supreme |
05-Jan-2013 12:00
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Yes, yes...     Buying stocks in a market crash is the best way to play stocks.       But usually, people buy a lot of stocks when the market is hot and frenzied...  ![]()
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Peter_Pan
Supreme |
05-Jan-2013 11:11
![]() Yells: "did you order dunkin' donuts" |
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STI 3300 COME MONEY COME | ||||
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bryancbq
Master |
05-Jan-2013 11:10
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a lot of expensive stocks came up from being a penny, for instance ezion. nothing ventured nothing gained. just dont anyhow mau, and must know what is merely speculative play, and what is an investment.  ride this wave, and get out when it's time to. preserve your capital for the next market crash, then pick good stocks at cheap prices for 10x baggers. huat ar! chinese new year coming =) 
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iPunter
Supreme |
05-Jan-2013 11:01
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Needing money is not a good reason to play stocks.   Because stocks is a very, very tricky game... much more than casinos.       If one needs money, it is safer to simply play a bit of 4D.             With stocks, one can lose like sheet before one realises it.                     But even in 4D, if one does not have a system, eg. keep on " mau-ing " ,                           then losses can be just as huge over a period of time... ![]()
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tiancai007
Master |
05-Jan-2013 10:46
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That's funny... So what does Risktaker stands for?
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medivh
Elite |
05-Jan-2013 10:35
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When she say die, she means live,     When she says save your ass, she means burn your ass.               When she says short big time, she means long big time ... We need to be smart when dealing with her. (" ,)
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iPunter
Supreme |
05-Jan-2013 10:12
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Winning or losing money in stocks is all about human behaviour, not skill as such...                                 ie. skills has little to do with it ... ![]() |
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Dividend_Warrior
Senior |
05-Jan-2013 10:11
![]() Yells: "I am getting $1100 per month in dividends :)" |
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Dividend-paying blue chips FTW!!!!!  ![]()
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kelvinLim123
Master |
05-Jan-2013 10:09
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Happy weekend, everyone, going cycling at Pang Sua PCN, The lord Buddha said," Health is the grestest wealth" agree 1000000000000% not end, not health go money also useless. if got health no money, at least, i can still work, eat you tia and drink kopi-O kosong.better than super man who are paralyse forever. I know some dont agree, but i respect your opinion, no worry about comment on my post. I will not cause to hurt, |
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kelvinLim123
Master |
05-Jan-2013 10:05
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I have said that u got to have stop loss for penny, and strictly follow it, this is not my own creation, but it is a rule of trading, nothing new. not i invent it, Isolator said  penny  gap down, true, I agree 100%  , we will see them soon,   but at least, u are stop out better than got stuck here till the next rally, u lose less.and not got stuck, see it everyday of your life for the next 6 yrs. but if u are hugh profit, most likely gap down also wont dies, only less profit. hope you all take profit, because u cannot sell at high, and no one know how high, If u can, then u are simoly lucky not smart, even BB like Paul Johnson said he cannot sell at high.
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kelvinLim123
Master |
05-Jan-2013 09:56
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That depend ,lah. depend on what you hold, If like this penny rally, if u are greedy when the music end, u end up holding them till the next one in 2070. But if you hold blue chip, most likely you are fine, maybe u wont brk even if u bought at 2007 high( $8 for capitaland,) but at least, they will not dissappear. U can sleep soundly, till one day it will brk that $8 u bought, (tan ku teo wu) ig u have bought at 2007 high, i would suggest you buy more to average, like this u brk even faster, and maybe ended up in profit. What i means is hold solid blue chip, not penny, maybe some guy here want to say that some penny are solid,( there is true in it, i wont deny)  then i leave to your discretion. hope all are fine.
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GorgeousOng
Elite |
05-Jan-2013 09:56
Yells: "Hehehaha...enjoy life n live to the fullest..." |
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Thanks! Need to learn more from you and the rest....haha...need more $$$$$$ for my pocket money !!! 
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Peter_Pan
Supreme |
05-Jan-2013 09:28
![]() Yells: "did you order dunkin' donuts" |
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Your chant may have killed many.
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iPunter
Supreme |
05-Jan-2013 09:02
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To make money in socks, one must buy and sell. Holding forever is the easiest way to lose money...  ![]()
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kopikopi
Member |
05-Jan-2013 08:12
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Fully agree with your view.    Lets keep the posts to more healthy discussion rather than mudslinging (because we know who is in the mud anyway)  
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medivh
Elite |
05-Jan-2013 08:05
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Some roaches have attained the art of " Pa Buay Si" (kana hit still never die) They still end up crawling around the rubbish. Although they will never  really extinct, they will inevitably still be  .... a pest..   LOL (" ,) (," )  
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