Someone i know made 4 million $ profit over the past few yrs from stocks.It is not how you start, it is how you end.
I don't really trade stocks in a sense, I buy and hold, some I hold for years like in the case of wheellock pre 9-11, most is a few months to a year, and because contra is only T+3 I rarely do contra trades unless there is motivation to do so as in the case on tiongwoon, and if I do normally I try to time it on a friday so that my T+3 is actually T+5 the purpose for that is to increase the time it takes before I need to settle the trade so I got more time to look for cash in case sometimes I miscalculate and fall short in my trades.Originally posted by dragg:short term, most people make.
but when a crisis like 911 or dot.com burst during the millenium strikes then you will really know what stock market trading is.
lots of people suffered heavy losses because of such events.
wat's his worth before that?Originally posted by industrie:Someone i know made 4 million $ profit over the past few yrs from stocks.
Pre 911 days? If Im going to hold a stock for that long, I would try to find one that gives out stable and regular dividends. Something like Capitamall trust.Originally posted by KumSioJui:I don't really trade stocks in a sense, I buy and hold, some I hold for years like in the case of wheellock pre 9-11, most is a few months to a year, and because contra is only T+3 I rarely do contra trades unless there is motivation to do so as in the case on tiongwoon, and if I do normally I try to time it on a friday so that my T+3 is actually T+5 the purpose for that is to increase the time it takes before I need to settle the trade so I got more time to look for cash in case sometimes I miscalculate and fall short in my trades.
YOu can always buy a house using CPF money for investment.Originally posted by king108:Mine is all in CPF I got only SGX and SingPost. Enjoyed good dividends this few years. Over 100% profit if I sell them now.
Too bad, cannot take the cash to invest in my own business even I got even CPF retained in the board for retirement after lessing my HDB. Have to wait till 55 at least another 20 years...die liao.
Sorry, fellow. My house is fully paid already.Originally posted by shade343:YOu can always buy a house using CPF money for investment.
why are u sad?Originally posted by Master -_-:3 years trading.. close to 700k...
700k profit or losses??Originally posted by Master -_-:3 years trading.. close to 700k...
How about buying another house for investment? Like St Regis for example. Good house. Good location.Originally posted by king108:Sorry, fellow. My house is fully paid already.
Sorry pal, I don't really like investment in property..although they may be good. Give other peoples the chance, cheers.Originally posted by shade343:How about buying another house for investment? Like St Regis for example. Good house. Good location.
Looks like the only option to utilise the cash in your CPF is to buy another CPF trustee stock.Originally posted by king108:Sorry pal, I don't really like investment in property..although they may be good. Give other peoples the chance, cheers.
Thanks for the offer, I got my investment methods that works well for me, my immediate relatives and few close friends that followed.Originally posted by shade343:Looks like the only option to utilise the cash in your CPF is to buy another CPF trustee stock.
Hmm, what was your investment strategy like before 911? Did you focus on tech stocks? I only started some where in the midst of Sars, prior to that, not much onto stocks.Originally posted by king108:Thanks for the offer, I got my investment methods that works well for me, my immediate relatives and few close friends that followed.
My investment method changed after clob issues that stripped me. My investment is not so much as compared to my uncle and brother - because they escaped untouch during clob issue and 911. No for me, burned few times, only escaped 911.
I am not seeing and following stock this days. Basically waiting for the right time to unload only. I can tell you when to get out of the market if you needed my advise. For investment now, I don't wanted to speculate anything. Still can make, but may no worth the effort.
I played a lot on contra, make fast bucks. Quite a lots, but did not last one blow. Needed hanged during clob issues. Must have holding power. I make on creative, but I don't go for tech stock these days. Previously, I got a few PIL (delisted), NOL (Got Cheated), DBS, C&C, Information, Itech group etc. All sold already with positive notes.Originally posted by shade343:Hmm, what was your investment strategy like before 911? Did you focus on tech stocks? I only started some where in the midst of Sars, prior to that, not much onto stocks.
Thanks for sharing your views, I have my own investment strategies as well, but Im more focused towards property and high yield stocks. Currently, my attention is on small market cap companies. Globalvoice is an example.Originally posted by king108:I played a lot on contra, make fast bucks. Quite a lots, but did not last one blow. Needed hanged during clob issues. Must have holding power. I make on creative, but I don't go for tech stock these days. Previously, I got a few PIL (delisted), NOL (Got Cheated), DBS, C&C, Information, Itech group etc. All sold already with positive notes.
The one that I got stucked was Econ, data..(something), luckily was only little.
Now the price may be bit on the high side for me..because we going for 200 - 300% type.. No really attractive to me.
For those that like to go in now, if have holding power, go for those no so risky type. Best if got good dividends with sufficient volume trading, some finance companies can be considered, China Fishery's Parant - Pac Andes can still be considered. (I don't have any, not telling you to push for me).
But don't expect big returned as mentioned some may have crossed other 's people 100%. May have room, how much I won't know.
Tech stocks got a lot of factors to consider - oil, interests, market demand, overhead, and other factors. For us, basically we had yet to show any interest at all.
You decide for yourself if you had done your studies well. Don't be influence by my comments as it's only my personal views.
Good lucks.