Shares & Derivatives
How to be a millionaire through Stock Investing by 2017
By Investmoolah  •  January 23, 2017
Dear Readers & Fellow Bloggers,   I am neither hallucinating nor suffering from permanent brain damage as I write this post. I have stumbled across a company on the SGX where you can indeed earn a million ( if you believe the management & auditors). Introducing China Sports International About China Sports International A China Company which sells Sports & Apparel products in China under the brand name "Yeli". The company's current market capitalization on the SGX is s$9.228 million. Its current auditor is RT LLP. How To Make a Million Before you guys get too excited , lets analyse its latest Balance Sheet: China Sport's Balance Sheet as of 3QFY16 If you notice the company has RMB 133 mil RMB cash & equivalent and a total liabilities of only RMB 66 Million. The Plan Step 1: Go to any (dumb) bank, tell them you wish to takeover China ......
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By Investmoolah
A total otaku who loves anime, investing and the occasional K-drama. My financial journey begun at the age of 22 and has revolved around the concepts of "Working Hard", "Saving Well" and "Investing Wisely". Through my journey, I have realized that financial literacy is something we have learnt little during our school days but is one of the most useful and relevant skill that we have to be equipped to take on the real world. Concepts such as compounding and "common sense investing" are skills that will place us ahead of the race to retirement ...
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