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STI feels bullish now
just broke the 3200 level
up 4 days out of the last 5 days
retail investors seems to be moving out of pennies and into blue chips
probably due to the fear of the penny crash in recent memories
look for fundamentally sound blue chips and enjoy the ride
even if market crash, its still safer to average down on those solid companies as you know they will be around and can survive a recession
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03-04-2014, 12:19 PM
(03-04-2014, 11:36 AM)felixleong Wrote: STI feels bullish now
retail investors seems to be ... into blue chips ... its still safer to average down on those solid companies
Yes, Felix, your switching to bluechips makes perfect sense to me.
Like what city says, stalwart company forms a big pillar in keeping me asleep at night.
 Love Compassion
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ya... stick to blue chip safer
u may not make higher returns but at least you sleep better at night what right haha
for very new investors index investing could be an easy way to start too, that's even advised by warren buffett
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03-04-2014, 02:05 PM
(This post was last modified: 03-04-2014, 02:08 PM by funman168.)
Yeah, I too hv made the switch from pennies to blue chip n index investing
Now the prob is whether to switch into china bank stocks or nt
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JUST FOR LAUGH!
Do you all noticed STI INDEX is lagging quite a lot from DOW OR S&P 500?
More and more Singaporeans must have been reading VBs?
Care to give alternate explanations?
Keep up the good job VBs
Cheers!
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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(03-04-2014, 02:12 PM)Temperament Wrote: JUST FOR LAUGH!
Do you all noticed STI INDEX is lagging quite a lot from DOW OR S&P 500?
More and more Singaporeans must have been reading VBs?
Care to give alternate explanations?
Keep up the good job VBs
Cheers!
how is that ever a good thing? knowledge is power and sharing often means giving away advantage.
if everybody was an ace striker on a football field I think scoring just 1 goal is still possible but going to be extremely extremely difficult.
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Without sharing knowledge, the world would not have progressed up till so far.
We will still be in the dark ages.
(03-04-2014, 02:56 PM)sgd Wrote: how is that ever a good thing? knowledge is power and sharing often means giving away advantage.
if everybody was an ace striker on a football field I think scoring just 1 goal is still possible but going to be extremely extremely difficult.
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03-04-2014, 03:38 PM
(This post was last modified: 03-04-2014, 03:39 PM by sgd.)
(03-04-2014, 03:13 PM)flinger Wrote: Without sharing knowledge, the world would not have progressed up till so far.
We will still be in the dark ages.
(03-04-2014, 02:56 PM)sgd Wrote: how is that ever a good thing? knowledge is power and sharing often means giving away advantage.
if everybody was an ace striker on a football field I think scoring just 1 goal is still possible but going to be extremely extremely difficult.
We talking about stock exchange here not in general.
If everybody was savvy like warren buffet. I think there will be no market crashes but also no chance to buy any mispriced stocks. our stock exchange will be very illiquid because only good stocks are bought nobody will trade anything else and anything that is good is going to be priced at a premium.
Just imagine every animal in africa is a cheetah fast but there's no prey around I think cheetahs will starve or everybody chasing each other about all the time trying to catch one another - a very intensively difficult environment to live in.
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Do you think its because of lack of sharing knowledge that's why Warren & his partners are so savvy?
Warren is where he is because for one he learned from the great ( Shared knowledge) and 2nd he learned from his experience and his passion & aptitude for stocks. ( experiential knowledge).
Except for the insider trading and related type of illegal "knowledge" where it definitely can make you money.
No matter how much of "Knowledge" is shared, not everyone will be a Warren Buffet.
There will always be mispriced stocks and lots of liquidity. Why? because we humans are a diverse lot. There will always be people who would want to make short term quick profits through trading such as shorting etc....
There will always be people who would not want to spent to time and effort to learn how to do valuation of stocks, and even then the valuation might be wrong as its not black and white, its an art & science.
I can go on and on, but its been decades since the stock market has been around, and history has repeated itself to validate my point that not everyone will be Warren Buffet etc...
(03-04-2014, 03:38 PM)sgd Wrote: We talking about stock exchange here not in general.
If everybody was savvy like warren buffet. I think there will be no market crashes but also no chance to buy any mispriced stocks. our stock exchange will be very illiquid because only good stocks are bought nobody will trade anything else and anything that is good is going to be priced at a premium.
Just imagine every animal in africa is a cheetah fast but there's no prey around I think cheetahs will starve or everybody chasing each other about all the time trying to catch one another - a very intensively difficult environment to live in.
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03-04-2014, 04:21 PM
(This post was last modified: 03-04-2014, 04:24 PM by Janjansen.)
I disagree with your view, SGD, that sharing is giving away power.
It is quite the opposite.
Very often, sharing your knowledge opens up an individual's narrow mindset to criticism and alternative views. We all live in our own little bubble, and it is easy to think that our "knowledge" is the absolute truth. More often that not, it's not (unless you have a 100% profit track record in the stock market). The more likely scenario is that this "knowledge" is in fact wrong, inaccurate or highly biased based on one's limited experience.
I work in the banking industry which is filled with the most selfish, greedy and richest people in the world. Yet, we still come together to share, because of personal benefits. Everyone thinks their "knowledge" is right based on their narrow view of the world. But in the end, everyone has a different take on the same subject, the main the beneficial of sharing is actually yourself, because your mind is expanded when you hear alternative views.
To put it bluntly, an individual's "knowledge" is usually flawed and much less valuable than he thinks it is. The smart people realize this and put their "knowledge" in public domains (e.g. blogs), hoping people would read it so that it can be critiqued.
(03-04-2014, 03:38 PM)sgd Wrote: (03-04-2014, 03:13 PM)flinger Wrote: Without sharing knowledge, the world would not have progressed up till so far.
We will still be in the dark ages.
(03-04-2014, 02:56 PM)sgd Wrote: how is that ever a good thing? knowledge is power and sharing often means giving away advantage.
if everybody was an ace striker on a football field I think scoring just 1 goal is still possible but going to be extremely extremely difficult.
We talking about stock exchange here not in general.
If everybody was savvy like warren buffet. I think there will be no market crashes but also no chance to buy any mispriced stocks. our stock exchange will be very illiquid because only good stocks are bought nobody will trade anything else and anything that is good is going to be priced at a premium.
Just imagine every animal in africa is a cheetah fast but there's no prey around I think cheetahs will starve or everybody chasing each other about all the time trying to catch one another - a very intensively difficult environment to live in.
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