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31-03-2012, 11:07 AM
(This post was last modified: 31-03-2012, 11:09 AM by Temperament.)
WB:-
1) Rule # 1, do not lose money.
2) Rule # 2, refer to # 1.
3) Not until you can manage your emotions, you can manage your money.
Truism of Investments.
A) Buying a security is buying RISK not Return
B) You can control RISK (to a certain level, hopefully only.) But definitely not the outcome of the Return.
NB:-
My signature is meant for psychoing myself. No offence to anyone. i am trying not to lose money unnecessary anymore.
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ok noted! 
Sell $3.9X
Buy $3.6X..
8% yield estimated per cycle.. 
1) Try NOT to LOSE money!
2) Do NOT SELL in BEAR, BUY-BUY-BUY! invest in managements/companies that does the same!
3) CASH in hand is KING in BEAR!
4) In BULL, SELL-SELL-SELL!
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31-03-2012, 11:30 AM
(This post was last modified: 31-03-2012, 11:33 AM by Temperament.)
"8% yield estimated per cycle.."
Ha! Ha!
Ever wonder why there are share holders who have longer time frame???
WB:-
1) Rule # 1, do not lose money.
2) Rule # 2, refer to # 1.
3) Not until you can manage your emotions, you can manage your money.
Truism of Investments.
A) Buying a security is buying RISK not Return
B) You can control RISK (to a certain level, hopefully only.) But definitely not the outcome of the Return.
NB:-
My signature is meant for psychoing myself. No offence to anyone. i am trying not to lose money unnecessary anymore.
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I am one of who hold for longer timeframe ;-).
I started with the approach of sell high buy low, but now trying to learn the "value" approach.
I had started, but I am still in the process of convincing myself, i can do better with the new approach, of course if i do it right. so far still trying to learn to do it better ;-)
At the moment, anyone who can get more than 1 cycle done per year will beat me ;-).
“夏则资皮，冬则资纱，旱则资船，水则资车” - 范蠡
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Er.......???
i think i am a "Rojak Investor" because i try to practise "Buy Low, Sell High" and Value(for me pricing) investing in Market's Extremes. i think i have more advantage of a higher safety margin of error of valuing(pricing) of a stock in both extremes. The rest of the time i don't know what i suppose to do. Serious. Always lose money trading one. Must learn to improve. Fortunately, i still survive quite O. K.
Amen.
WB:-
1) Rule # 1, do not lose money.
2) Rule # 2, refer to # 1.
3) Not until you can manage your emotions, you can manage your money.
Truism of Investments.
A) Buying a security is buying RISK not Return
B) You can control RISK (to a certain level, hopefully only.) But definitely not the outcome of the Return.
NB:-
My signature is meant for psychoing myself. No offence to anyone. i am trying not to lose money unnecessary anymore.
Posts: 9,841
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Joined: Mar 2012
Reputation:
64
Hi Uncle Temperement, let me share my "funny" thought.
I am a fan of chinese martial art story book in my teen. It make me recall normally 3 stages one can advance one's kongfu
Stage 1: As a new starter, you witness wonderful show from master, dream one day you can become one.
Stage 2: you learn various skill, stroke and build-up your strength. You do whatever master tell you. Practice hard day and night. You see you are advancing... very happy... BUT after reaching a point you think you master all skill, stoke to perfection, you wonder why i still not be able reach the level you witness before.. very frustructed... bottle-net reach you thought... start to doubt you are not gifted for it.
Master will tell you, to advance, you have to forget all skill, stroke you learn. Be yourself and follow the instinct
Stage 3. You are master finally. The martial art build into you. you can pin down anyone without any stoke. Martial art is part of you, whatever you did is martial art which is fatal.
I am over stage 1, and in the beginning of stage 2. So i am still in practicing stoke and skill, hopefully i can be warrent buffet. I dream that i can pick stock and estimate their "intrisic value" like a book with the skill i learn.
I wonder when can i reach stage 3? maybe never come. it is the stage where you do not restrict yourself to "speculation" and "value", be "buy low, sell high" or whatever name of strategic you can find. You are always buy at the right time, sell at the right time, your instinct can tell whether a company is "good" or "bad", estimate "intrinsic value" down to cts.
I starting to wonder whether you are at the beginning of stage 3 ;-) haha... uncle Temperament
“夏则资皮，冬则资纱，旱则资船，水则资车” - 范蠡
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Hi CityFarmer,
i really don't know. i only know i must psychoing myself not to lose money unnessary. Also i know if i can "master" the Singapore Market it's more than enough. Of course if you ask me is SGX. EX. a better buy then HK. EX. i will answer HK. EX. But the funny thing is i still buy SGX. EX. and none so far HK. EX. And i know nuts of HK's stocks because i don't pay attention. i wonder whether i should?
WB:-
1) Rule # 1, do not lose money.
2) Rule # 2, refer to # 1.
3) Not until you can manage your emotions, you can manage your money.
Truism of Investments.
A) Buying a security is buying RISK not Return
B) You can control RISK (to a certain level, hopefully only.) But definitely not the outcome of the Return.
NB:-
My signature is meant for psychoing myself. No offence to anyone. i am trying not to lose money unnecessary anymore.
Posts: 9,841
Threads: 711
Joined: Mar 2012
Reputation:
64
i believe i am still to junior to advice on investment. Here is my thought for myself.
If i want to practice my skill and hands-on, it is better to be on our turf. So i stay mostly on SGX.
One-day, i will not restrict myself on where to "invest", only focus on what stock to "invest", be it in SGX, HK EX or anywhere in the world.
If uncle Temperament is "invest" just for the passion and fun of "investment", instead of aiming for SG top performer of senior investor ;-P i believe to stay in SGX should not be a bad choice
“夏则资皮，冬则资纱，旱则资船，水则资车” - 范蠡
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Well put.
i tend to agree. If you invest in USA, you may get caught by another "Enron", "World Com", "Lehman Brothers" or another "Olympus" in Japan. AS it is, we have a lot of S(Stupid) Chips in SGX. Some S Chips not even allow to IPO in HK. EX. IMHO.
WB:-
1) Rule # 1, do not lose money.
2) Rule # 2, refer to # 1.
3) Not until you can manage your emotions, you can manage your money.
Truism of Investments.
A) Buying a security is buying RISK not Return
B) You can control RISK (to a certain level, hopefully only.) But definitely not the outcome of the Return.
NB:-
My signature is meant for psychoing myself. No offence to anyone. i am trying not to lose money unnecessary anymore.
Posts: 9,841
Threads: 711
Joined: Mar 2012
Reputation:
64
I agree with your statement on S-Chip in SGX, but only up to certain extend.
Let me put this way, now all S-Chip is priced in low PE, regardless of their true "value". This is the "fear". Not all deserve the low PE. If you can find and you are right, when the "fear" faded, you may be rewarded handsomely.
Do not ask me which one deserve to buy. I also do not know ;-) still searching....
“夏则资皮，冬则资纱，旱则资船，水则资车” - 范蠡
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