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When did u reach ur 1st $100K
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Hahaha... :)
Now Uncle AK has Carlesbergs from two persons... hehehe... 
AK_Francis ( Date: 13-Sep-2009 22:13) Posted:
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Both of u not wrong.
A longer, hving d ancient attitude of Stock market slumps, keep d stock, n d stock sure rise again one. Ds grp got hit during d recent credit crunch. Dun know they need to wait how long , either break even or making money?
D other longer, a smart sam, evacuate burden when senses crisis in stock market. And return when market about to U turn, though, lose less, but they are ultimately d winner. A typical exp, Tamasick dun give a damn to BOA.
Henceforth, if anyone is d second of the above, sleep well. Cheers.
Livermore ( Date: 13-Sep-2009 21:13) Posted:
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Don't overlook those with Green theme.
All the govts stimulus package has provision for creating new jobs or new industry. Eg, US $10b world's largest solar energy facility in India. China will also go on very big to harness green energy to reduce reliance on coal (which emits carbon). Recycling , LNG etc,.
At this stage where the market has rallied significantly, i think the better places to allocate ur money is into
1) natural resources e.g gold, oil, palm oil, commodity, food,water
2) tangible assets e.g housing
3) blue chips that deal with any of the above 2.
Both of u not wrong.
A longer, hving d ancient attitude of Stock market slumps, keep d stock, n d stock sure rise again one. Ds grp got hit during d recent credit crunch. Dun know they need to wait how long , either break even or making money?
D other longer, a smart sam, evacuate burden when senses crisis in stock market. And return when market about to U turn, though, lose less, but they are ultimately d winner. A typical exp, Tamasick dun give a damn to BOA.
Henceforth, if anyone is d second of the above, sleep well. Cheers.
Livermore ( Date: 13-Sep-2009 21:13) Posted:
Not quite right
iPunter ( Date: 10-Sep-2009 10:45) Posted:
The only way to survive the stock market is by trading...
And a long term trader is also a trader... as long is there's buying and selling activity...
Long term holders will suffer big losses sooner or later...
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you will let go of the long term stock when it is no longer a growth stock or its fundamental has changed. If not, you can continue to hold and gain from its business expansion...
you can win or lose in any investment instruments.... eg. even fixed deposit if you mismanage your cash flow and pre-mature cash-out - you lose the interest
Not quite right
iPunter ( Date: 10-Sep-2009 10:45) Posted:
The only way to survive the stock market is by trading...
And a long term trader is also a trader... as long is there's buying and selling activity...
Long term holders will suffer big losses sooner or later...
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Wilmar is a very good example, if you bought at Sgd. 0.50 6 years ago. One important thing we should noted and learned the lesson is here: Wilmar at Sgd. 0.5 6 years ago definitely was not a blu-chip, so eventually it reachs its share value to >Sgd. 6.3. Hence, the conclusion is just buy a potential NON BLUE-CHIP stock if you expect a huge capital gain in the long run!!!
jeremyow ( Date: 10-Sep-2009 10:56) Posted:
There are many ways to play the stock market. Different strategies can still allow one to be profitable as long as it is practised in an effective manner according to the strategy. Short-term trading can be very lucrative if the trader knows his trade well. Long term value investing can also be very lucrative if the investor knows how to recognise undervalue and overvalue well.
Objectively speaking, one should buy heavily at undervalued prices and sell heavily at overvalued prices to make the largest gain with minimal risk. If the stock price can also rise steadily over a period of time, the benefits of buy-and-hold outweighs the benefits of entering and exiting many times through different or same stocks. An example of such buy-and-hold strategy that multiply the gains of a value investor many folds is seen in stocks like Wilmar International. If one has bought its shares around 6 years back when it was around $0.50 per share and held on until now, he is already heavily rewarded by around a 1100% increase over his intial capital (not including dividends received over these 6 years). Over here, we are not talking about 30 years holding period. Wilmar International has already accelerated its growth in less than 20 years to reach current strength in international dominance and see its share price sky rocketed over a period of less than 10 years. |
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i think property would provide another level of profits. Look at the richest men in S'pore..
Majority of them are property moguls..
AK,
Many thanks for your concurrence with my views.
AK_Francis ( Date: 10-Sep-2009 10:20) Posted:
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Comrade R, AK agreed. Newbies, need more to learn liao, esp in d buoyant stock markets, with cuts n wounds here n there, at ds moment.
AK will not laugh at d momentary failures, but give them d encouragement to stand up again, as AK was a failure before. God bless. N cheers, may be till end of d yr.
richtan ( Date: 10-Sep-2009 10:11) Posted:
| With an investment frame of mind, u can end up riding the roller-coaster with the price moving like a roller-coaster (just pull out any chart n see the long term chart n u will get to know wat I mean) n miss many entry n exit opportunities n many forgone profit-taking opportunities |
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Thanks, I Punter. I respect all approaches to playing the market. Just sharing my two cents worth here. I wish you all the best in your investment journey.
A very 'meaty' post... hehehe...
There are many ways to play the stock market. Different strategies can still allow one to be profitable as long as it is practised in an effective manner according to the strategy. Short-term trading can be very lucrative if the trader knows his trade well. Long term value investing can also be very lucrative if the investor knows how to recognise undervalue and overvalue well.
Objectively speaking, one should buy heavily at undervalued prices and sell heavily at overvalued prices to make the largest gain with minimal risk. If the stock price can also rise steadily over a period of time, the benefits of buy-and-hold outweighs the benefits of entering and exiting many times through different or same stocks. An example of such buy-and-hold strategy that multiply the gains of a value investor many folds is seen in stocks like Wilmar International. If one has bought its shares around 6 years back when it was around $0.50 per share and held on until now, he is already heavily rewarded by around a 1100% increase over his intial capital (not including dividends received over these 6 years). Over here, we are not talking about 30 years holding period. Wilmar International has already accelerated its growth in less than 20 years to reach current strength in international dominance and see its share price sky rocketed over a period of less than 10 years.
The only way to survive the stock market is by trading...
And a long term trader is also a trader... as long is there's buying and selling activity...
Long term holders will suffer big losses
sooner or later...
Comrade R, AK agreed. Newbies, need more to learn liao, esp in d buoyant stock markets, with cuts n wounds here n there, at ds moment.
AK will not laugh at d momentary failures, but give them d encouragement to stand up again, as AK was a failure before. God bless. N cheers, may be till end of d yr.
richtan ( Date: 10-Sep-2009 10:11) Posted:
With an investment frame of mind, u can end up riding the roller-coaster with the price moving like a roller-coaster (just pull out any chart n see the long term chart n u will get to know wat I mean) n miss many entry n exit opportunities n many forgone profit-taking opportunities.
richtan ( Date: 10-Sep-2009 10:06) Posted:
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I beg to differ, to be successful in trading, u have to have a trader's frame of mind.
I m speaking from my years of trading experience, once been an investment frame of mind, making wrong entry without looking at the charts and end up, really a long term investment (bcos of losses) n bcos I was reluctant to cut-loss, but tat is history now, pheww!!
As a trader frame of mind, we time our enrtry n exit based on or interpretation of the chart, but of course TA is not infallible, thus need to set stop-loss n let profits ride with trailing stops to cover all those losses n yet make net profits. (Read my 3 golden mantras in the 3 threads I specially created with newbies in mind) |
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With an investment frame of mind, u can end up riding the roller-coaster with the price moving like a roller-coaster (just pull out any chart n see the long term chart n u will get to know wat I mean) n miss many entry n exit opportunities n many forgone profit-taking opportunities.
richtan ( Date: 10-Sep-2009 10:06) Posted:
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I beg to differ, to be successful in trading, u have to have a trader's frame of mind.
I m speaking from my years of trading experience, once been an investment frame of mind, making wrong entry without looking at the charts and end up, really a long term investment (bcos of losses) n bcos I was reluctant to cut-loss, but tat is history now, pheww!!
As a trader frame of mind, we time our enrtry n exit based on or interpretation of the chart, but of course TA is not infallible, thus need to set stop-loss n let profits ride with trailing stops to cover all those losses n yet make net profits. (Read my 3 golden mantras in the 3 threads I specially created with newbies in mind)
stupidfool ( Date: 10-Sep-2009 09:52) Posted:
Alas,ppl still cannot understand the difference between TRADING and INVESTING.
I agree that if u want to TRADE,then u need tools to help u like charting ,etc...And u have to master this and that b4 u begin TRADING.
Statistics alr shown that 90% of TRADERS lost money and thus there are alot of books in the mkt to "help" u win the market.
What they never tell u the secret is that share mkt should be treated a san INVESTMENT.
To be rich there is no secret...........need to have an investment frame of mind.
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I beg to differ, to be successful in trading, u have to have a trader's frame of mind.
I m speaking from my years of trading experience, once been an investment frame of mind, making wrong entry without looking at the charts and end up, really a long term investment (bcos of losses) n bcos I was reluctant to cut-loss, but tat is history now, pheww!!
As a trader frame of mind, we time our enrtry n exit based on or interpretation of the chart, but of course TA is not infallible, thus need to set stop-loss n let profits ride with trailing stops to cover all those losses n yet make net profits. (Read my 3 golden mantras in the 3 threads I specially created with newbies in mind)
stupidfool ( Date: 10-Sep-2009 09:52) Posted:
Alas,ppl still cannot understand the difference between TRADING and INVESTING.
I agree that if u want to TRADE,then u need tools to help u like charting ,etc...And u have to master this and that b4 u begin TRADING.
Statistics alr shown that 90% of TRADERS lost money and thus there are alot of books in the mkt to "help" u win the market.
What they never tell u the secret is that share mkt should be treated a san INVESTMENT.
To be rich there is no secret...........need to have an investment frame of mind.
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Alas,ppl still cannot understand the difference between TRADING and INVESTING.
I agree that if u want to TRADE,then u need tools to help u like charting ,etc...And u have to master this and that b4 u begin TRADING.
Statistics alr shown that 90% of TRADERS lost money and thus there are alot of books in the mkt to "help" u win the market.
What they never tell u the secret is that share mkt should be treated a san INVESTMENT.
To be rich there is no secret...........need to have an investment frame of mind.
In SJ alone there are plenty of people working for the BBs, and plenty of dealers around. Be careful about everything. But the investing public is just a minority.
Indeed, that's y there's always one saying : no pain no gain... thanks and I'll remember what you had taught.
richtan ( Date: 09-Sep-2009 23:26) Posted:
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U r most welcome.
Trust me as I had gone thru the baptism of fire in trading, I truly speak from my heart, I started out just like tat naysayer, thinking trading is easy, no need n also lazy to learn, listen to rumours, buy based on guts, got burnt "chowtar", horrendous losses tat serves as a wake-up call n realise my foolishness n swear to learn TA (of course TA is not infallible, thus need to set stop-loss), I still have my fair share of losses n profits but abiding my 3 golden mantras, I cut losses short n let my profit runs with trailing stops, so net I m still in profits.
So dun listen to those naysayers tat says trading doesn't need hardwork n learning. as talk is free n they dun pay u for your losses, u r ultimately responsible for your losses.
Common sense will tell us, in any trade, u need to learn the ropes of the trade, so is there any different with trading, those naysayers have gambling instincts without knowledge, a very dangerous game.
Thinkfirst ( Date: 09-Sep-2009 23:10) Posted:
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Hi Richtan, heehee, you are another whom I read a lots of your forum.... and especially those advise you given to newbies.... |
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Since so much bragging around, not sharing and keep quite, not so nice. See my posts tell you my thinking quite different from most. Made my first $100K at 24 and did not add to it due to banker not willing to give good advice or lend additional $$ for property then. Susequent lost most of money to the stock market. Nearly broke. But workd hard, saved and playing cautiously now. Just above 1 million now to enjoy my retirement if I want to. Don't trust me if you don't want to. Cheers.
