Humbly seeking your advice

(02-05-2013, 01:05 AM)davidsim Wrote: I would also like to thank everyone else for the information they have contributed and apologise for not being able to do so individually. I have certainly learnt a lot from and I find the free sharing of information by everyone very admirable and wish you all the best in your investment journeys.

you sound like someone who has a lot of common sense - i'm sure you will do fine. Maybe this car loan curbs nonsense will turn out to be a blessing in disguise - it's time to enjoy the other aspects of your life!

(01-05-2013, 11:28 PM)Temperament Wrote: Do you mind to share some of your experience on how and why only 20% of OPM?

Uncle Temperament

That number is dynamic and is only valid as at Tuesday, 30 Apr. E.g. it was 40%+ at the beginning of the year but my portfolio was rising too quickly (IMHO) and getting expensive. The other thing is that with the benefit of lessons learnt during AFC and GFC (ouch!), I have to keep it below 50% to sleep soundly.

(02-05-2013, 01:34 AM)mrEngineer Wrote: Even though with an O level Cert, I noticed that the grammatical mistakes made in your posts are very minor.

You have to look at the educational qualifications from the perspectives of that generation. For the baby-boomer generation, an 'O' Level Cert. with min. 3-4 passes was considered a rather creditable achievement.

IIRC, one can even qualify for a teachers' job and many executive entry point in the private sector. An 'A' level qualification can even get a Management position.

How times have changed....

(02-05-2013, 08:45 AM)HitandRun Wrote:

(01-05-2013, 11:28 PM)Temperament Wrote: Do you mind to share some of your experience on how and why only 20% of OPM?

Uncle Temperament

That number is dynamic and is only valid as at Tuesday, 30 Apr. E.g. it was 40%+ at the beginning of the year but my portfolio was rising too quickly (IMHO) and getting expensive. The other thing is that with the benefit of lessons learnt during AFC and GFC (ouch!), I have to keep it below 50% to sleep soundly.

i am very impressed that you can HITANDRUN for 20 years and remain prosperous. (Shalom). You are an expert by now. By the way what are the financial instruments you HITANDRUN. Of course you use TA?
Sorry folks i know! i know! But i have declared i am a "Rojak" investor. Any methods can make me money i will try.
Cheers!

sometimes or most times, the more one knows, the less risk he will be prepared to take. to buy ppties n blue chips 30yrs n hold most times even surpass the serious investors for the simple reason no one knows for sure where the market is heading n 95% of pple actually end up as losers!

(02-05-2013, 10:38 AM)paullow Wrote: sometimes or most times, the more one knows, the less risk he will be prepared to take. to buy ppties n blue chips 30yrs n hold most times even surpass the serious investors for the simple reason no one knows for sure where the market is heading n 95% of pple actually end up as losers!

I can't agree more.
i remembered when i first started to invest in the stock market even at the age of 40; i plunged into it with almost all mine and wife's liquid assets (all CPF $ included) like i had not experienced Fear before. i believed in the Market so much that i think that was the best place to invest and nothing else.
And the irony is what you said came true (the more you know, the more kiasi you will be) for me in 2008/2009, i invested almost all my liquid assets but i held back my wife's CPF. If not you know i will make much, much more money. At least 1 to 2 times more.
Well! that's life. You are always 20/20 on "HINDSIGHT".
i am definitely more Kiasi now.

Uncle temperament

Don't be confused by my nick. I am by definition not a trader. The annual turnover of my portfolio is not high, maybe < 30%. Whenever I enter a position, I would normally plan to keep it for easily a couple of years, whether for dividends or growth. When I have more ideas than capital, I would use leverage. I look at charts some of the time but charting is not my forte.

I have a day job as well.....

(02-05-2013, 11:38 AM)HitandRun Wrote: Uncle temperament

Don't be confused by my nick. I am by definition not a trader. The annual turnover of my portfolio is not high, maybe < 30%. Whenever I enter a position, I would normally plan to keep it for easily a couple of years, whether for dividends or growth. When I have more ideas than capital, I would use leverage. I look at charts some of the time but charting is not my forte.

I have a day job as well.....

Oh i see. Still you are very good as you dare to use OPM to invest. i dare not.

(02-05-2013, 12:04 PM)Temperament Wrote:

(02-05-2013, 11:38 AM)HitandRun Wrote: Uncle temperament

Don't be confused by my nick. I am by definition not a trader. The annual turnover of my portfolio is not high, maybe < 30%. Whenever I enter a position, I would normally plan to keep it for easily a couple of years, whether for dividends or growth. When I have more ideas than capital, I would use leverage. I look at charts some of the time but charting is not my forte.

I have a day job as well.....

Oh i see. Still you are very good as you dare to use OPM to invest. i dare not.

You can borrow against your own collateral then maybe it's not OPM?
e.g Borrow against life policy...

(02-05-2013, 02:19 PM)smallcaps Wrote:

(02-05-2013, 12:04 PM)Temperament Wrote:

(02-05-2013, 11:38 AM)HitandRun Wrote: Uncle temperament

Don't be confused by my nick. I am by definition not a trader. The annual turnover of my portfolio is not high, maybe < 30%. Whenever I enter a position, I would normally plan to keep it for easily a couple of years, whether for dividends or growth. When I have more ideas than capital, I would use leverage. I look at charts some of the time but charting is not my forte.

I have a day job as well.....

Oh i see. Still you are very good as you dare to use OPM to invest. i dare not.

You can borrow against your own collateral then maybe it's not OPM?
e.g Borrow against life policy...

Ah! Of course! But you still need to pay interest to your insurance company if i am not wrong. And to think of it, it is actually you are borrowing your own money (your insurance cash value) if you surrender the policy.
i say i dare not invest on borrowed-money because i don't have the confidence to make more profit then the interest i have to pay for the loan. To me if i use my own money, the interest i have to pay for the loan is my profit already (POW CHIAK ONE). But i understand it's usually the first place (my own policy's cash value) to go if i have to take a loan because it is usually cheaper than the bank or else where.