Btw, Wing Tai is Now $1.23. I didnt invest in Wing tai, but my mum got it cheap at around $0.70. Anyway, I started investing during the sars period when I saw everything so damn cheap.Originally posted by dragg:the STI is an average of index stocks and blue chips. it is just an indicator. just list a few for you:
GES used to be $2 now around 80 cts.
wing tai used to be $1.40 now around 90 cts.
creative used to be $60 now around $12.
chartered used to be $16 now around $1.20
STATS used to be $4 now $1.20
actually the tech burst killed a lot of people.
we can go on and post forever. but i am sure you are not someone who is really into the market. thats why you think you can beat the system. greed will eventually kill most investors.
maybe you and your friends are the odd one out.
If you did your homework, chances are, you will make money.Originally posted by bismarck:he thinks like u.
"oh i do loads of homework"
so get this u dumb fark.
Brings back painful memories.. *gasp*..Originally posted by dragg:the STI is an average of index stocks and blue chips. it is just an indicator. just list a few for you:
GES used to be $2 now around 80 cts.
wing tai used to be $1.40 now around 90 cts.
creative used to be $60 now around $12.
chartered used to be $16 now around $1.20
STATS used to be $4 now $1.20
actually the tech burst killed a lot of people.
how many people in the stock market invest?Originally posted by shade343:Btw, Wing Tai is Now $1.23. I didnt invest in Wing tai, but my mum got it cheap at around $0.70. Anyway, I started investing during the sars period when I saw everything so damn cheap.
Creative is used to be $60 because people inflated the price, If Im not wrong, the par value of the shares is only 150cents. So whoever bought it at $60...Thats Speculating, not investing.
Speculators use the strategy of "hit and run" The moment the share price goes up, they sell if they can make a tidy profit. But Im the type that buy and recieve dividends. After taking the dividends, if the price is good, I sell them.Originally posted by dragg:how many people in the stock market invest?
you need to be real loaded to invest.
be realistic. most people are speculators.
invested in all kinds of crap,Originally posted by k4korny:wow.. looks like we are finally seeing a little action here in this forum!
dragg and bismarck, mind sharing what your frens/ family invested in and how they invested, to make them lose so much money. i think we should learn from examples of bad losses too and what we can do to avoid such situations..
-- Bismarck, stick to the discussion. No personal insults to other forumites or their family --- (k4korny)Originally posted by shade343:If you did your homework, chances are, you will make money.
Most ppl are speculators - I agree.Originally posted by dragg:you need to be real loaded to invest.
be realistic. most people are speculators.
No flaming or vulgarities please. If you think that investing in the stockmarket is equivalent to throwing money down the drain, I feel sorry for you.Originally posted by bismarck:what are u, Fucking stupid ?
chances. another subjective, ambiguous term.
waht are chances yr future gf/wife is another dumb fark?
chances are yr genes reads "dumb fark"
i also feel sorry for an idiot who is so myopic he cant seem beyond the thinly disguised veil.Originally posted by shade343:No flaming or vulgarities please. If you think that investing in the stockmarket is equivalent to throwing money down the drain, I feel sorry for you.
Put in this way. Any form of investment ALWAYS have risk. Its just a matter of how much risk you are willing to take.Originally posted by bismarck:i also feel sorry for an idiot who is so myopic he cant seem beyond the thinly disguised veil.
i understand the market well enough. i lost about 26k. i learnt my lesson. i agree with you that shade343 will have to undergo one of the cycles to fully understand how 'investors' feel.Originally posted by k4korny:prob shade343 will have to undergo one of this cycles to fully see the dark side of trading huh?
anyway, the curr situation of STI reminds me of the tech bubble.. it has went up without a breather since 3Q2003 (i think)... seems like a major correction is in place..
Originally posted by k4korny:prob shade343 will have to undergo one of this cycles to fully see the dark side of trading huh?
anyway, the curr situation of STI reminds me of the tech bubble.. it has went up without a breather since 3Q2003 (i think)... seems like a major correction is in place.. the qn is- from where? I tot the london bomb blast would cause it to crash.. but seems like it has only made a dent.
probably, it'll hit us when we are most unexpected huh?
Yah, I wanted to buy citiraya, but couldnt get it at the right price. I dont speculate. I invest.Originally posted by dragg:i understand the market well enough. i lost about 26k. i learnt my lesson. i agree with you that shade343 will have to undergo one of the cycles to fully understand how 'investors' feel.
just one scandal is enough to wipe out all your winnings. there is no guarantee in the stock market.
take enron, barring bank, tiger fund etc as an example. what about CAO, citiraya, informatics and ACCS. dont they all look promising enough to investors?
that is exactly the case. everybody makes money when the economy is stable. most people will be tempted to buy more. but when something like 911 happens many will be bankrupted, and many more will be stucked with paper loss.Originally posted by shade343:
Now that the STI index is so high, Im getting happoer and happier day by day.
And at the correct time, I dump my portfolio. But the dividends are distracting me....
Maybe Investors have gotten smarter and know what to do to prevent their stock from falling... If thats the case, it will be a long time before the STI Index crash...
Originally posted by dragg:lost 26k? Can share your experience?
i understand the market well enough. i lost about 26k. i learnt my lesson. i agree with you that shade343 will have to undergo one of the cycles to fully understand how 'investors' feel.
just one scandal will more than kill all your winnings. there is no guarantee in the stock market.
take enron, barring bank, tiger fund etc as an example. what about CAO, citiraya, informatics and ACCS. dont they all look promising enough to investors?
Yup. I agree with that. Take my friends grandmother for example. She does not believe in putting all her money in the bank. She always rely on her basket of blue chips to give her good dividends.Originally posted by k4korny:Most ppl are speculators - I agree.
You need to be really loaded to invest - not true.
It all depends on your risk appetite and investment strategy. A typical example is singtel shares. A lot of ppl were cursing and swearing when it dropped to 1.40+ but if you look at its dividends, it's still gives better returns than the bank or if you had used the money to buy toto..
There are different trading strategy depending on how risky averse you are.. margin trading, value investing, dividend plays, portfolio theory.. But the riskiest one of all, is the ppl who doesn't know what they are doing when they enter the market..
Originally posted by shade343:
Now that the STI index is so high, Im getting happoer and happier day by day.
And at the correct time, I dump my portfolio. But the dividends are distracting me....
Maybe Investors have gotten smarter and know what to do to prevent their stock from falling... If thats the case, it will be a long time before the STI Index crash...
dumb fark,. do i need to look elsewhere when there's 1 example of sheer arrogance right in front of me ?Originally posted by shade343:Put in this way. Any form of investment ALWAYS have risk. Its just a matter of how much risk you are willing to take.
High Risk=High Yield. Low Risk=Low Yield
Since you are so against it, why not just put all your money in the bank and earn the interest?
Stop cricticising people if you havent invested in the stockmarket before. You have no practical experience. What you know is just based on your observations. Before you comment,go look into the mirror.
But Im not your father.Originally posted by bismarck:dumb fark,. do i need to look elsewhere when there's 1 example of sheer arrogance right in front of me ?
sometimes asking me for money or asking me to pay for something he uses and trying to offer to pay me back
your father's case has really have big negative outlook on the investing in anything huh?Originally posted by bismarck:dumb fark,. do i need to look elsewhere when there's 1 example of sheer arrogance right in front of me ?
sometimes asking me for money or asking me to pay for something he uses and trying to offer to pay me back
again it is purely luck.Originally posted by shade343:Yup. I agree with that. Take my friends grandmother for example. She does not believe in putting all her money in the bank. She always rely on her basket of blue chips to give her good dividends.
One of her strategy is to buy shares that give out good dividends. For eample she bought singtel at $2.72. After getting the dividends,she will sell it off for a nett profit. Thats how she make money. This isnt really considered speculating though....I have another Uncle whose strategy is to speculate. He never does any homework and makes a buying decision purely based on gut feeling and rumors. He did make big, but he also lose big.
I understand his point of view, but he needs to understand something called "risk appetite". There is also a need to distinguish between Investing and Speculating. Both are 2 different things.Originally posted by k4korny:your father's case has really have big negative outlook on the investing in anything huh?
haha... bismarck and shade seems like on 2 opposite ends of the spectrum. one totally hates investing, the other is too enthu over it. Dun think either of you will be able to see from the other's perspective
IMO, to each his own lah.. we choose our own paths, and be responsible for our own decisions.
anyway, no vulgarities or flaming here lah.. serves no purpose. waste of time only.
dont bother with shade343. you wont be the one cleaning up for him if something negative happens.Originally posted by bismarck:dumb fark,. do i need to look elsewhere when there's 1 example of sheer arrogance right in front of me ?
sometimes asking me for money or asking me to pay for something he uses and trying to offer to pay me back