ValueBuddies.com : Value Investing Forum - Singapore, Hong Kong, U.S. › ValueBuddies.com › Discussions on Value Investing v
[GPGT]A Good investment becomes bad speculation when you pay too much for it

[GPGT]A Good investment becomes bad speculation when you pay too much for it

Thread Rating:
  • 0 Vote(s) - 0 Average
  • 1
  • 2
  • 3
  • 4
  • 5
wahkao Offline
Member
***
Posts: 240
Threads: 43
Joined: Dec 2013
Reputation: -4
#1
01-12-2014, 11:12 PM
[GPGT]A Good investment becomes bad speculation when you pay too much for it


Agree? Please pen your thoughts

[Image: TVS9HrE.png]
Find
Reply
amperex Offline
Junior Member
**
Posts: 38
Threads: 1
Joined: Dec 2013
Reputation: 2
#2
02-12-2014, 12:53 AM (This post was last modified: 02-12-2014, 01:05 AM by amperex.)
No. A good investment is a good investment. When you pay too much for something, then it is not a good investment from the start. Since here we are talking about stocks, it should be ' Paying too much for a good business is still a bad investment '. For example paying $17 for SGX in 2007 was a bad investment. Dividend yield is 1.65% today. Lower than SGS. Paying around $1.00 in 1998/99 was a good investment. Dividend yield is 28% based on purchase price.
Find
Reply


Forum Jump:


Users browsing this thread: 2 Guest(s)