Business Times Interviews - Starting Young

[kazukirai]

They helped me start my account and taught me to do technical analysis.

I hope that isn't the only thing they've been teaching the poor girl. But it's certainly the stand-out thing she's learnt from them right? Otherwise, why quote that in the interview?

Unlike the other investment club members, I do not like to use leverage,

This reminds me of my own experience as an undergrad in '07 where I saw many of my fellow cohort mates dabbling with warrants and ended up losing sums in the range of 4 to 5 figures. And this was even prior to the long down trend that started at the end of '07.

As they say, in a Bull market, everyone's a genius. When the tide goes out, we'll know who's been swimming naked.

A: I think it's best to set up your own business. When investing in equities, you need a large capital outlay to be able to get the returns that you want. With business, if it continues running, you can always get capital returns. It helps value-add your assets.

What's she been smoking?