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one more tip,
Focus on the down-side of your investments plan, if that is secured, the up-side will come eventually!
Conservative investors manages risks, enterprising investors take risks!
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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Thanks for the tips. I've just started investing in 2012 and have not been through any Lehman or Asian financial crisis before. The 15 Jan Swiss fiasco made me realise how liquidity can dry up all of a sudden and cause the drop in price. it also made me realise that I was actually not prepared for this. As the saying goes only when the tide goes out do you discover who has been swimming naked. And recently I have too many "shoe shine boy" stock tips which is why I became more cautious. I shall return to the market soon once I get it sorted out.
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14-02-2016, 12:56 PM
(This post was last modified: 14-02-2016, 12:57 PM by CigarButts.)
After 1 year of reading books and finding my own temperament in investing, this is my portfolio for the year 2016
1. STI ETF - 12%
2. SG Govt 30 year bonds 15.7%
3. Gold ETF - 17%
4. Silver ETF - 4%
5. M1 - 9.2%
6. Powermatic - 14%
7. Keppel DC REITS - 10.5%
8. LTC Corp - 1.3%
9. Nam Lee pressed metals - 7.2%
10. First REITS - 8.95%
Drag on my portfolio has been M1, Gold and silver
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14-02-2016, 09:38 PM
(This post was last modified: 14-02-2016, 09:42 PM by BlueKelah.)
Looking good and defensive! But No cash included? U fully vested?.
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15-02-2016, 06:50 AM
(This post was last modified: 15-02-2016, 06:58 AM by BlueKelah.)
I think just buy gold or silver can liao no need both.
If u really wanna diversify in metal then might as well buy copper,platinum, etc as well. Otherwise if just a hedge then one precious metal gold should be enough.
I am of the view as buffett that gold is unproductive asset. Over longer period of holding, stocks should have reasonably more capital gain and dividend return.
Though gold is very good hedge against inflation and any adverse events..
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I agree with BlueKelah. only 5 percent of my portfolio in gold and is a company that mine and sell gold. so effectively not really holding physical gold but turning gold to cash haha.
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Everything that I have read on asset allocation says you should not have more than 3% on gold/silver. You have 21% in it. So unless you are a commodity and in particular metals expert, I think your style of investing is more into gambling then investing. I guess you are no fan of WB either. You cannot count yourself as a value investor. Its good to explore various investing strategies to find the one that suits you as long as you recognise that it is so and not to pay too much tuition fees in doing so.