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Uncle Temp, your music and wine analogy makes sense to me! My investment journey is only about 2 years plus but my investment style has been changing constantly. Like the way I see Reits 2 yrs ago and now are somewhat different! With more and more experience, I start to see the same company in different ways.
Perhaps the optimal way of doing any investment is to suit one's temperament 
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08-04-2014, 09:12 AM
(This post was last modified: 08-04-2014, 09:13 AM by Temperament.)
(08-04-2014, 08:51 AM)sunrocker Wrote: Uncle Temp, your music and wine analogy makes sense to me! My investment journey is only about 2 years plus but my investment style has been changing constantly. Like the way I see Reits 2 yrs ago and now are somewhat different! With more and more experience, I start to see the same company in different ways.
Perhaps the optimal way of doing any investment is to suit one's temperament Do you know why i nickname my self as temperament?
It is because when i read what WB says about "Temperament and Investing", it rings a bell in me.
He gives me the confidence that i am doing right from the beginning of my investment journey (Aka only after i invest a few years then i spotted his saying about "Temperament & Investing".)
My education is low and my maths is very elementary.
But i am quite temperamental with a little bit of guts.
In other words you are right, your temperament, your style of investing.
And i can tell you i considered myself as a "Rojak Investor".
Shalom.
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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The STI ETF under SPDR dropped $0.06 (1.8%) today, while the Nikko AM STI ETF had no change.
Also the change in the STI was minimal.
What could have caused this to happen? Is this an example of tracking error? Or was it just someone who was willing to sell it lower and so the transaction took place?
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Nope, yesterday was ex-dividend day on STI ETF.
The dividend was 4.5 cents a share, so, it dropped 6 cents, typical ex-dividend behavior.
However, it has bounced back today.
Disclaimer :-
I am not an investment professional.
I encourage you to do your own independent "due diligence" on any idea that I write about, because I could be and probably am wrong.
Nothing written here is an invitation to buy or sell any particular stock.
At most, I am handing out an educated guess as to what the markets may do.
The market will always find a new way to make a fool out of me (and maybe, even you!).
Even the best strategies of the past fail, sometimes spectacularly, when you least expect it.
I am not immune to that, so please understand that any past success of mine will probably be followed by failures
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(06-08-2014, 03:11 PM)Shrivathsa Wrote: Nope, yesterday was ex-dividend day on STI ETF.
The dividend was 4.5 cents a share, so, it dropped 6 cents, typical ex-dividend behavior.
However, it has bounced back today.
Ex-dividend seems to be yesterday instead. I noticed the 6 cents drop as well, but it was still CD then. Seems like it was just someone who let go at a much lower price.
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09-08-2014, 08:14 AM
(This post was last modified: 09-08-2014, 08:14 AM by brattzz.)
(31-03-2014, 01:54 PM)Temperament Wrote: If we buy an ETF or Index Fund do we have to worry about "when to buy"?
That's Pyramid down or up, which is a better strategy?
For me, i would like to take that into account too--Just like buying individual stock now.
Some gurus think when you buy is more important then what you buy.
i tend to agree. It's not necessary talking about B/B market timing. It can be about when you buy a stock, the market has valued it more than it's current intrinsic value already... No more juice left even if you squeeze.
Let me try, 
For common stocks,
It's "WHAT" you buy that decides. Good companies grow and grow! 
No matter "WHEN" you buy a LOUSY company, it's still a LOUSY company, even with STI @ 3288, there are still stocks at $0.001...
Don't get suck into it! QUALITY MATTERS!
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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http://www.washingtonpost.com/blogs/wonk...ince-2000/
[Image: Italys-Lost-Decade.jpg]
The greatest trick the devil ever pulled was convincing Italy to join the euro. It hasn't grown since.
After its GDP fell 0.2 percent, Italy is stuck in a triple-dip recession. Yes, triple: its economy started shrinking in 2008, relapsed in 2011, and now again in 2014. Although, at this point, it's probably more accurate to just call this a depression. After all, Italy's economy has contracted 11 of the previous 12 quarters. It's been enough to wipe out almost all its growth the past 14 years.
Think about that: Italy's GDP, as you can see above, is the same now as it was in 2000. That's actually worse than Japan, which has been the sick man of the global economy the past 25 years. It, at least, managed to grow 13 percent over this period. So what the heck has happened to Italy? Well, everything.
For one, Italy has genuine supply-side problems. It's too hard to start a business, too hard to expand one, and too hard to fire people. These obstacles all slow down its economy even in the best of times. Now, in the past, Italy could devalue its way to growth when these kind of structural problems became too much. But it couldn't do that with the euro. It could only reform, or stagnate. So it stagnated.
But Italy, like the rest of Europe, has genuine demand-side problems, too. The ECB is the main culprit here. It hasn't done nearly enough to support the recovery, and, at times, it's actually done the reverse. In 2011, for example, the ECB almost hiked the euro out of existence when it raised rates to fight phantom inflation, setting off a new panic. This irrational hawkishness is why Europe has fallen into a "lowflationary" trap like Japan's in the 1990s. And to make matters worse, Italy hasn't been able to offset this tight money with looser budgets, because the ECB has forced it into austerity, too.
In short, Italy missed the boom, but it hasn't missed the bust, which is still going on because of bad policy. Here's a bit of perspective on that. Seven years later, Italy's economy is still 9 percent smaller than it was before the crisis. But it only took the U.S. economy, yes, seven years to get back to where it'd been before the Great Depression hit.
Maybe it's time to stop calling this just a recession.
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09-08-2014, 10:56 AM
(This post was last modified: 09-08-2014, 10:58 AM by Temperament.)
(09-08-2014, 08:14 AM)brattzz Wrote: (31-03-2014, 01:54 PM)Temperament Wrote: If we buy an ETF or Index Fund do we have to worry about "when to buy"?
That's Pyramid down or up, which is a better strategy?
For me, i would like to take that into account too--Just like buying individual stock now.
Some gurus think when you buy is more important then what you buy.
i tend to agree. It's not necessary talking about B/B market timing. It can be about when you buy a stock, the market has valued it more than it's current intrinsic value already... No more juice left even if you squeeze.
Let me try,
For common stocks,
It's "WHAT" you buy that decides. Good companies grow and grow!
No matter "WHEN" you buy a LOUSY company, it's still a LOUSY company, even with STI @ 3288, there are still stocks at $0.001...
Don't get suck into it! QUALITY MATTERS! Ha! Ha!
Not just for laugh. But it's always the truth that, there are people (manipulators?) who trade (manipulate?) penny stalks for a living. Indeed, "when' is the only criteria for them.
But for "blue to light blue chips", it is really "when" is more important for Ah Pek like me.
Ha! Ha!
"Ai kong way, kong buay leow."
Hey! Isn't it why we are here to excercize our grey matters before they go to pot?
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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8
(08-08-2014, 03:40 PM)LocalOptimal Wrote: (06-08-2014, 03:11 PM)Shrivathsa Wrote: Nope, yesterday was ex-dividend day on STI ETF.
The dividend was 4.5 cents a share, so, it dropped 6 cents, typical ex-dividend behavior.
However, it has bounced back today.
Ex-dividend seems to be yesterday instead. I noticed the 6 cents drop as well, but it was still CD then. Seems like it was just someone who let go at a much lower price.
From SGX web-site
Particulars : SGD 0.045 ONE-TIER TAX
Ex-date : 07 Aug 2014
Buy-In Last Cum Date : 11 Aug 2014
Record Date : 11 Aug 2014
Date Paid/Payable : 19 Aug 2014
I do not have the screen-grab of the poems on 7th, but i am pretty sure it was showing XD
Disclaimer :-
I am not an investment professional.
I encourage you to do your own independent "due diligence" on any idea that I write about, because I could be and probably am wrong.
Nothing written here is an invitation to buy or sell any particular stock.
At most, I am handing out an educated guess as to what the markets may do.
The market will always find a new way to make a fool out of me (and maybe, even you!).
Even the best strategies of the past fail, sometimes spectacularly, when you least expect it.
I am not immune to that, so please understand that any past success of mine will probably be followed by failures
Posts: 326
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(07-04-2014, 02:11 PM)sunrocker Wrote: But what if your avg price is down more than the STI? For example, your avg price is down 10% while the STI is down 5%. Should you avg down or wait for STI to go down to 10%?
Which is the optimal way to avg down? Based on avg price or current price?
http://www.investmentmoats.com/wealth-bu...revisited/
This is a great article to explain averaging down.
I would say that looking at the numbers, it would be best to average down for every 10% drop
Disclaimer :-
I am not an investment professional.
I encourage you to do your own independent "due diligence" on any idea that I write about, because I could be and probably am wrong.
Nothing written here is an invitation to buy or sell any particular stock.
At most, I am handing out an educated guess as to what the markets may do.
The market will always find a new way to make a fool out of me (and maybe, even you!).
Even the best strategies of the past fail, sometimes spectacularly, when you least expect it.
I am not immune to that, so please understand that any past success of mine will probably be followed by failures
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