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so far for those shareholders of ossim and raffles education. buy and hold works
however the best is raffles edu. buy at ipo launch price and hold till now, u would be millionaire with just 10k invested. yes 100 baggers. no need to do anything just reinvest the dividend..
Yes... imagine if one has bought this stock heavily at a low price and held for just a few years, you would have made it and ythen you can show all the traders what a buy and hold strategy can really do.
Well done, Derekc00 .... Yours is a good example of buy & hold!
This can be a very long Term investment.
And nobody can predict, it is the right one.
I myself brought AFP 10lot during Yr2000 at $0.22
lowest it go during 2001-2002 - $0.05
Sell at Yr2006 Mar $0.52
Today close at $1.12
I am vested too(6k),maybe next year we can see some light.
For me there's absolutely no question of waiting at all. I just dump my mistakes (trading) promptly. Because you never know how long you have to wait, and two weeks is eternityx2 !
Even if there's a dip in whatever counter one had bought, iPunter .... One just has to be patient and stay loyal to it. Unless its the wrong counter, which should NOT have been bought in the first place. Hence, saving the headache and panic .... ;P
But there's still the element of luck. This can result in intense euphoria when the money is rolling in, as is common. :(
A real gamble here with Centillion cos no further news, target price and major clients yet .... But its e-recycling biz is happening in our electronic world! Trade with care still hor.
To be caught in a dip after a surge (a cheong) is already so very hard to bear, how then can I wait years? :(
Hi billywows
Many thanks for the article. I am vested in Centillion too.
You clearly notice I used the word 'gamble' on Centillion .... Its current price like IPO now. But do trade with care ya.
Another buy & hold real-life story below .... I had already betted 8k on Centillion as a gamble. Let's see what's the outcome in 5 years?!
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Make Serious Money in Stocks
By
There's serious money to be made in stocks, but it's not made in a matter of months, or even a few years. No, the real money to be made in stocks extends over a minimum period of 10 to 20 years.
And superwealth -- measured in tens to hundreds of millions of dollars -- is built over 25- to 75-year periods.
The origins of Oracle
Let's put Oracle under the microscope, so that we might understand this core investing principle.
Founded in 1977, Oracle has long been a leading marketer of database software. The company went public in 1986, priced at $15. Thanks to splits, however, folks who got in on that fateful March day have seen their cost basis reduced to $0.07 per share.
Yet Oracle's early years were not without rough patches.
Put a price on patience
While the stock rose modestly following its 1986 IPO, slowing sales sent it crashing down in late 1990. In fact, buy-and-hold Oracle investors didn't make a dime between 1988 and 1990.
Could you have stomached that drop? Are you the type of investor who's willing to accept a 0% gain for nearly three years?
From 1990 to today, Oracle stock has risen more than 80 times in value, growing around 31% per year. That turns a $10,000 stake into $800,000.
Even better, investors who've held on since the IPO have seen their initial investment increase more than 195 times in value -- making a $10,000 investment worth nearly $2 million.
And these sorts of investments are available over and over again.
Over and over? Right ...
Skeptical? Don't be. Wall Street doesn't always recognize quality, even when it's staring it right in the face. In 2000 and 2001, for example, Research In Motion (Nasdaq: RIMM), MEMC Electronic Materials (NYSE: WFR), Marvel Entertainment (NYSE: MVL), Bankrate (Nasdaq: RATE), and Apple Computer (Nasdaq: AAPL) all saw their stock prices decline.
Yet they've all gone on to be tremendous winners since then, rising more than eight to 11 times in value!
That brings me to small caps. They're volatile. Some of our Motley Fool Hidden Gems recommendations have suffered recently during earnings season. Yet the fact remains that small caps offer the greatest returns to investors. But you must, as we recommend, give them time.
The Foolish bottom line
Because there will be weeks, months, and maybe even a few years of zero gain in the market, we encourage all of our members at Hidden Gems to use a long time horizon when assessing their portfolios. While that can be difficult during choppy times like these, it's absolutely crucial for building long-term wealth, and perhaps even superwealth.
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