@fudgester and alize: thx for the pointers :)
Originally posted by zulkifli mahmood:SIB is the Intelligence branch of the SAF.
SIB is not the intelligence branch of SAF. It is more accurately the 'CID' of SAF, a department under the military police.
Intelligence for war etc. is JID and G2, etc. External intelligence against countries is under SID (Security & Intelligence Department); a classified department.
炒股票
Originally posted by poolguy1:I was wondering for a very long time about possibility of moonlighting in SAF whether it was okay to do it outside of regular working hours if youre in a combat/combat service support/administrative unit where you have plenty of spare time to run errands and personal stuff. But typically everybody here talks about moonlighting as working a literal part-time weekend job after booking out,no one raised the topic on investments like stock market,commodities,derivatives and financial ventures while in camp. I personally have friends in active nsf service who reportedly have earned within their first year a relatively small sum of SGD$100K through stock market at 20 plus year old. Cool right?
I was trying to remodel and reshape my thinking of how these young smart investors are able to evade being categorised as "moonlighting" by common definition,yet make big money through other subtle untrackable means like stock brokerage houses which legalises young people inclusive of nsf to invest actively and generate income other than the regular allowance. Any thoughts on this? A relatively new hot topic.
you have not seen legal licensed debt collectors waiting just outside a NS camp to chase after a person owe money to legal creditors like banks/ brokers...
that young man who is a NSF chose to stay-in permanently in camp for a few weeks after he personally had a private talk with the camp CO...
on weekends, you can book out of camp, then book in into the casinos.
on weekdays, you book out of casinos, then book in into camp.
in just one single night at the casino, on just one table, you can surpass your friends' measly small margin profit easily by winning cool millions of dollars simply by just investing smartly with your chips. cool right?
it's tax-free somemore... thus the profits given generously by the casinos cannot be traced by the authorities.
i'm sure this will define a brand new definition of "moonlighting" by common definition by NS camps.
炒股票
Originally posted by poolguy1:Oh I think we missed the point here-Hypothetically lets put certain considerations and assumptions to weed out anything related to money borrowing by legalised financial institutions and brokers,but did make that kind of money say a few hundred thousands by his own merit and starting capital,with superb investment foresight and intelligence,minus all the illegal and risky activities which many people commonly mistaken to be the norm in such trading activities or such as being the result of stock market dealings. I mean to say its highly possible that a really select group of young investors who studied business admin/finance-related and investment theories decided to delve into stock markets in nsf days to recoup and stabilise their finances for life after ORD,stock rises dramatically and newfound wealth created while they remain in active service-based on this situation and facts alone,there is nothing inherently wrong with such investment,right? because its not moonlighting at all,period.
Lets put it this way,no wrongful and illegitimate wealth making with legal/illegal loansharks.no harassment and potential disruption to NS liability and obligation(ie literally working a job in another company during weekends), just personal cash put to very brilliant use. And an NSF worth $100k in net worth and beyond isnt going to raise eyebrows,because its too common for people age early 20s to have that kinda money in a country with rising living standards. So its perfectly normal and justifiable,correct?
i'm certainly not talking about borrowing money from legal/ illegal sources...
that NSF, who supposedly think and act like you, like to speculate in shares on the stock market, and also play margin trading as well.
it's naive to think that it's easy and fast cash in stock market...
please go do a simple research on google on the term "Mr Market" before you talk to seasoned and fairly experienced investors like us...
let's teach you a tip or two on investing.
you should only believe 2 methods of investing:
value investing and dividend investing.
2. dividendsrichwarrior.blogspot.com
3. books that you should read: www.marktier.com
炒股票
Originally posted by poolguy1:I personally primed the timing for 3 stocks during my NSF days just last year and early this year that went up a whooping unbelievable 3000 percent( 30 times gain) to 4000 percent and I missed the boat because of bad timing overseas training and irregular market monitoring and complacency,but can you just imagine what would happen if a miserable $5000 was unknowingly invested? it would yield a 6 figure immediately(I wallowed in shock and disbelief about the potential gains I could have made 3 months after I spotted the trends),I could been any local banks priority banking youngest self-made client after I booked out and cashed out my gains at the bank counter/private lounge,sipping cappuccino and talking to investment advisors.
regarding the part on naive thinking that fast cash in stock market and google Mr Market(value investing,day trading,momentum trading,technical vs fundamental analysis etc.) is a pipe dream, look at the above examples(not going to tell which stock though-not many people know my picks),but bottomline is clear- do you really think an nsf who got no working experience,bounded by the army to serve his nation like other singaporean citizens, doing nothing but squeezing brain juice and intellect and forcing out a bare minimum 6 figure sum of 100k and above for his age,is actually a lot of money? I dun know about you or other singaporeans think about financial independence,but 100k is a lot,hdb downpayment also insufficient upfront downpayment? please enlighten me because for us seasoned investors opportunities come and go,even in national service,markets do not sleep and wait for you to catch up.
Lastly,I do not think the government will play catch up and investigate how the hell did an nsf managed to make a six figure sum while in NS through MR market. Because its simply too unconventional,they rather look out for people moonlighting as in cpf contributions,electronic payslips, trackable payment in kind etc.
this is a very classic and one good example of speculation in the stock market, or in chinese 炒股票.
the 3 listed companies you aimed are highly likely being over-valuation on its price-to-earnings ratio (P/E ratio).
P/E ratio: http://en.wikipedia.org/wiki/Price%E2%80%93earnings_ratio
once the "big sharks" investors kept buying/ selling the shares among themselves to jack up the stock counter price, thus creating this false sense/ speculation.
when people like you believe in its fast growth, these sharks will whack out all their shares/ vomit out, selling at high prices to people like you. they make profits via profit-taking while you buy their shares at high prices. then the next few days/ weeks, when these big sharks go hunting at other stock counters, the stock price will begin to fall for the shares that you have just bought. the price will then be fairly stagnant at that level, and so your money will be stuck at that stock counter.
Banks do conduct internal investigations if there are unusual transactions such as sudden large amount of money deposited into bank accounts to deter money laundering.
If the interim investigations warrant further probe, relevant government agencies will be called upon to probe further.
Originally posted by poolguy1:Thats a very interesting reply,but lets get back to the main essence of the topic,at what level of wealth accumulation is the government going to step in and conduct an investigation on an nsf who made huge money in stock market during his nsf period? Or they will totally ignore since its not moonlighting basically.
that's one of the dirty truths about big players in the stock market.
when your friends make money, they will show off.
when your friends lose money, they will keep quiet.
so, you only heard of the good news, and not the bad news.
even now, you are still stubborn to believe it's "big money, big money" in stock market.
in conclusion, so this is your mentality for the stock market: market speculation
market speculation: http://en.wikipedia.org/wiki/Speculation