A Newbie Guide to Investing

[camelking]

Hi all

I am posting up one more attachment for those who are interested in learning about financial statements.

Do understand that I will take it down if mods or admin request me to do so to prevent any 'incident".

Please share among members if this unfortunate thing happens.

Thanks for the sharing.
i like to share this extract from the book:-
{The Dick Davis Dividend}

"No matter how thoroughly you research, it still comes down to an informed guess. Even you know everything there is to know, there's no way you can predict how the market will react to what you know. This is why some investors simply satisfied themselves that a stock is selling at the low end of its historic price/earning multiple range, and let it go at that. Others want the guess as informed as possible and do more digging, while still others will just watch a stock for a long time, get to know it well, and develop a feel for the way it acts.

Wait for It to Come to You

Whatever the approach, whatever the efforts are made, it's a worthwhile endeavor because proper entry level is so crucial. There's an old Wall Street maxim: "A stock well bought is half sold" You must buy a stock in a reasonable buying range to avoid being involuntarily locked-in, long, long-term investor. if the stock doesn't come to you, if it doesn't enter your buying range, turn away. there's always another stock."

Unquote:
So for me that's why i believe "all animals in the market can make money except the PIGS". By the way, i am a "Rojak Investors". i make use of anything that i think can help me to make money. My apology to all "pure value investors", if there is really one in this world. Sorry
Amen.

Fully agree.
Money is money.

[KopiKat]

Am in the midst of reading 'The Bogleheads' Guide to Investing' by Taylor Larimore, Mel Lindauer, Michael LeBoeuf. Led me to their website,

http://www.bogleheads.org/wiki/Boglehead...Philosophy

Extracts,

The Bogleheads® follow a small number of simple investment principles that have been shown over time to produce risk-adjusted returns far greater than those achieved by the average investor. Many of these ideas are distilled from Nobel prize-winning financial economics research on topics like Modern Portfolio Theory and the Capital Asset Pricing Model. But they are very easy to understand and to implement, and they work. In fact, the basis of all of these principles is the idea that successful investing is not a complicated process, and can be accomplished by anyone with a small amount of effort.

These ideas come from the investing philosophy of Vanguard-founder Jack Bogle...


Many fundamental concepts + interesting to see Value Investing with MPT and CAPM...

[Jeff]

Hi. Value buddies,

Please where can I find 5 or 10 years fiinancial data for free? I dont want to open annual reports 1 by 1, but prefer to find all data put together. Oh, most important, FREE.

Thanks!

Jeff

[kazukirai]

Hi. Value buddies,

Please where can I find 5 or 10 years fiinancial data for free? I dont want to open annual reports 1 by 1, but prefer to find all data put together. Oh, most important, FREE.

Thanks!

Jeff

If you trust the numbers (supplied by Thomson Reuters), Vickers has it for most SG counters. Otherwise I believe Bloomberg has last 3 (or 5?) years.

Not too sure about Yahoo Finance/ Google finance for SG stocks. For US stocks, those platforms are pretty good for last 3 yrs.

[CityFarmer]

Hi. Value buddies,

Please where can I find 5 or 10 years fiinancial data for free? I dont want to open annual reports 1 by 1, but prefer to find all data put together. Oh, most important, FREE.

Thanks!

Jeff

If you trust the numbers (supplied by Thomson Reuters), Vickers has it for most SG counters. Otherwise I believe Bloomberg has last 3 (or 5?) years.

Not too sure about Yahoo Finance/ Google finance for SG stocks. For US stocks, those platforms are pretty good for last 3 yrs.

If your broker is Phillip Securities, you can get free service from POEMS, which gives last 5 years + 5 Quarters data available for SGX's stocks

[Jeff]

Very good.

Thanks kazukirai and CityFarmer.

[st jacob]

Hey thanx dear for this effort. Its your great hard work that made this post beneficial and important. keep it up guys.

[Behappyalways]

http://investideas.net/forum/index.php

[Greenrookie]

Hi guys, need some help with this. Was reading "the intelligent investor" and wasn't very sure what he is referring to when he use the term "total fixed charges". He is using minimum ratio of earnings to total fixed charges as a recommended minimum coverage for bonds. What actually does total fixed charges consist? Operating expenses + interest payments? Do we include investment on PPE (capex) or its totally something else??? Appreciate your answers.

[smallcaps]

Hi guys, need some help with this. Was reading "the intelligent investor" and wasn't very sure what he is referring to when he use the term "total fixed charges". He is using minimum ratio of earnings to total fixed charges as a recommended minimum coverage for bonds. What actually does total fixed charges consist? Operating expenses + interest payments? Do we include investment on PPE (capex) or its totally something else??? Appreciate your answers.

AFAIK, operating expenses already catered inside earnings. Probably the idea is to make sure that free cash flow is more than enough to cover all known obligations/debt payments like installments and interests. Depreciation already catered for in EBIT, unless one uses EBITDA. I guess if you are trying to derive the free cash flow from cash statement... maybe might want to include capex if one thinks it is necessary for the company to sustain its cash flow. Might not be so straightforward to amortize the capex, though...

http://www.efinancemanagement.com/financ...rage-ratio