Photo by respres
In 2009, we saw the possible collapse and eventual collapse of some of the biggest corporate names in the world – Lehman, Merrill Lynch, GM, AIG, Fannie Mae, Freddie Mac, etc. With that behind us, I was of the view that there isnt another corporate failure/s big enough to frighten and spook markets in 2010. In my Blog of 4 Jan 2010, I highlighted the risks of the withdrawal of fiscal stimulus and low interest rates and also the burgeoning debt of many economies especially in Europe (the three weakest were Greece, Spain and Italy) and lets not forget about the UK which is not part of the EU. All the economies in the EU have exceeded that national debt to GDP limits which were conditions of the economic union.
I am therefore not surprised by the problems in Greece, Portugal and Spain which had led to severe weakness in the Euro and strength in the US$. Because the world economy is recovering and corporate earnings are rebounding, it was only a matter of time for the fiscal stimulus to be withdrawn. As regards to the national debt problems, I am of the view that some rescue from the bigger members of the EU such as Germany and France or even the G7 will alleviate problems – its only a matter of time. Read more…
This was inspired by the 7 Levels of Photographers by Ken Rockwell, which was perhaps inspired by religion. Well, in any case, here are 7 Levels of market participants, with One being the lowest and Seven being divine. Enjoy!
Level One: The Tippee
The Tippee is someone who receives a tip or some advice and wants to [...]
Expect the unexpected, I guess all the investor should aware of this. Just like we are roaring ahead with the new year. Obama’s proposal to regulate US banks and potential China tightening have brought the long overdue correction.
The once high flying IndoAgri food and Wilmar crash back to earth from recent high. Second and third [...]
ST ONLINE FORUM – Hit Hard by insurance policy termination
I BOUGHT three policies from Prudential for my children 15 years ago. Recently, due to a need for cash, I decided to terminate one of the policies.
To my shock and disappointment, the amount I am getting back upon surrendering the policy equates to less than 50 [...]
In Part 2, I will be examining the Business Unit performance for Tat Hong’s various divisions (they have 5 in total) and commenting on the margins for each division. Please note that the financial crisis may skew the numbers during this period, thus it may not be representative of the actual gross margins in terms [...]
I was here and there discussing endowment plan, as a viable option to save up for child’s education, with a few other bloggers. I had already shared my views in my previous posting here, so I would just like to substantiate with actual benefit illustrations. I would withhold the actual benefit illustrations, but will put [...]
My trading goal that I set for this year is to make an average of S$2,000 every month. Please do note that trading income is never consistent, and it can vary greatly month to month. Although I use the word “average”, it may mislead to I aim to attain S$2,000 every month. It makes more sense to [...]
Background of SP Ausnet (Source: http://www.sp-ausnet.com.au and http://www.singaporepower.com.sg/
SP Ausnet is a subsidiary of Singapore Power (with a 51% controlling stake) and its operations are managed by staff of Singapore Power in Australia. Singapore Power is a leading energy utility company in the Asia Pacific.
With assets of S$26.3 billion at end March 2009, it is one [...]
Dear friends,
We had generated 324 pips profit for the month of January 2010. 11 trades were executed: 8 trades won and 3 trades lost. This results in a Success rate of 73%!
If you are trading 1 full contract (100,000) per trade, your profit for 324 pips will be around US$3,240.
Here are the details of [...]
We have heard many times the advice that we should diversify our investments to minimise risk. For those of us who have read books about Warren Buffet, we would also remember something along the line that diversification is for the “know nothing” investor and for the “know something” investor Warren Buffet, when he identifies [...]
My trading goal that I set for this year is to make an average of S$2,000 every month. Please do note that trading income is never consistent, and it can vary greatly month to month. Although I use the word “average”, it may mislead to I aim to attain S$2,000 every month. It makes more sense to [...]
Dear friends,
We had generated 324 pips profit for the month of January 2010. 11 trades were executed: 8 trades won and 3 trades lost. This results in a Success rate of 73%!
If you are trading 1 full contract (100,000) per trade, your profit for 324 pips will be around US$3,240.
Here are the details of [...]
Sun Tzu’s Art of War is a classic piece of work that is widely read and applied to many fields, due to it’s fundamental nature that is highly adaptable to many areas of our lives. In this post, I extracted parts of the work and applied to trading and in doing so, hope to introduce the [...]
In 2009, we saw the possible collapse and eventual collapse of some of the biggest corporate names in the world – Lehman, Merrill Lynch, GM, AIG, Fannie Mae, Freddie Mac, etc. With that behind us, I was of the view that there isnt another corporate failure/s big enough to frighten and spook markets in 2010. [...]
Expect the unexpected, I guess all the investor should aware of this. Just like we are roaring ahead with the new year. Obama’s proposal to regulate US banks and potential China tightening have brought the long overdue correction.
The once high flying IndoAgri food and Wilmar crash back to earth from recent high. Second and third [...]
A nice intra-day rebound last Friday helped pare morning losses with the STI Index down a modest 12 odd points last Friday compared to a more than 30 point decline on Friday morning. The uncertainty and volatility of stock markets will continue but as the uncertainty is being generated by fiscal policy and government decisions [...]
In Part 2, I will be examining the Business Unit performance for Tat Hong’s various divisions (they have 5 in total) and commenting on the margins for each division. Please note that the financial crisis may skew the numbers during this period, thus it may not be representative of the actual gross margins in terms [...]
Background of SP Ausnet (Source: http://www.sp-ausnet.com.au and http://www.singaporepower.com.sg/
SP Ausnet is a subsidiary of Singapore Power (with a 51% controlling stake) and its operations are managed by staff of Singapore Power in Australia. Singapore Power is a leading energy utility company in the Asia Pacific.
With assets of S$26.3 billion at end March 2009, it is one [...]
Done my weekly reading of The EDGE. Goola Warden, Darryl Guppy and Michael Kahn are people whose articles I enjoy reading. I have also learned a lot about TA from their writings. In this issue of The EDGE, all of them have gone decidedly bearish about the prospects of global stock markets. [...]
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