Author: Create Wealth Through Long-Term Investing and Short-Term Trading

Asiasons Capital, Blumont Group and LionGold Corp : Step on one Gaint Snake!!!

Historical events of Three Great Fall!!! Even fund Mgrs got hit too.       Savage selling wipes $8.6b off 3 counters SGX curbs on short-selling, contra trading also dent other small counters   By jasmine ng jasng@sph.com.sg [SINGAPORE] Chaos and panic rippled through the market early yesterday morning as suspended counters Asiasons Capital, Blumont Group and LionGold Corp resumed trading, racking up large falls and spreading the contagion to other small stocks. The three stocks, which boasted a combined market value of more than $9 billion before the Singapore Exchange (SGX) stepped in to query their share prices...

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3M’s – Method, Money, Mind (6)

Read? 3M’s – Method, Money, Mind (5) Read? Loss aversion invest, thesundaytimes, Oct 6, 2013 Trump your inner miser. Overcome aversion about putting more cash into good stock that has proved its worth. Your own healthy doses of “Antibotics” to overcome this loss aversion Uncle8888 believes most retail investors by nature will find it very tough to overcome their Mind from loss aversion. May be they have to find their own healthy doses of  “Antibiotics” to strengthen the immune system of their Mind and fight off these “Viruses”. Somehow, Uncle8888 has discovered and taken some healthy doses of “Antibiotics”...

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Keppel O&M’s Near Market, Near Customer strategy???

Just For Thinking …. What is so significant about Keppel O&M’s Near Market, Near Customer strategy against Korean and Chinese yards? Korean and Chinese yards will have to try to bring back as many jobs as possible back to their own countries to create more jobs for their locals while Keppel doesn’t have to create more jobs in Singapore for more FTs as we have limited locals. So this strategy of Near Market, Near Customer strategy will continue to work well for Keppel. This strategy will help to create more jobs for their locals. State-owned oil companies will love...

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Scrutinise financial investment seminars too (3)

Read? Scrutinise financial investment seminars too (2) Read? Regulating ’get rich quick’ seminars Let Uncle8888 shares with you this true story of someone who has attended not one but two trading courses and spending close to $10K on course fees. She didn’t become rich by following the “Gurus”‘s Secret. How come? Her fault!!!  Why??? “Many” others “can”. Why you can’t! So what is the Moral of  the...

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Q3 2013 Investment Performance Report

Read? H1 2013 Investment Performance Report A Goal-based Investing Approach Using Goal-based Investing Approach by setting for myself a 10-year progressive Goal Targets to achieve for each year starting from 2012 to 2021. Year 2: Q3 2013 Result Achieved 14.8% against 16% of 2021 Goal Target. Portfolio XIRR Track, measure and visualise! Without doing it how to revise investing strategies and improve year-on-year investing performance? My Portfolio’s XIRR includes all investible cash plus the current stocks value at market closing price as on 30 Sep 2013. Since one year ago: +2.6% Since 1 Nov 2008: +6.3% Since 1 Jan 2003: +10.7% Since...

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Stocks too risky for this businessman

Just For Thinking … invest, thesundytimes, Sep 29 “My dad tried out stocks in 1990s and got burnt during Asian financial crisis,” he recalled. “About a decade later, my elder brother lost money too when the recent global financial crisis hit the market.” Read? The truths behind the ideas of making money in the stock market. CW8888: Until you have your 3M’s in place, stocks are too risky for you. Don’t ever hoot tua tua and average down. Sure win when market turns???...

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Scrutinise financial investment seminars too (2)

Read? Scrutinise financial investment seminars too invest, thesundaytimes, Sep 29   Lessons from fallen financial idols From Bernie Madoff, mastermind of the biggest Ponzi scheme in history, which cost investors at least US$18 billions in losses when the law finally caught up with him. Some advice he offered to investors on how to avoid getting scammed boils down to common senses. Madoff said: “Wall street is not that complicated. If you ask an average hedge fund or investment firm how they make money, they won’t tell you. If you don’t understand something, then don’t invest in it.” ….. And...

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3M’s – Method, Money, Mind (5)

Read? 3M’s – Method, Money, Mind (4) Mind: The ring that rules them all! – SMOL Now, let Uncle8888 shares this story …. One version of this Taoist Story One day a man was standing at the edge of a pool at the bottom of a huge waterfall when he saw an old man being tossed about in the turbulent water. He ran to rescue, but before he got there, the old man had climbed out onto the bank and was walking alone, singing to himself. The man was astonished and rushed up to the old man, questioning him...

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3M’s – Method, Money, Mind (4)

Read? 3M’s – Method, Money, Mind (3) Read? 4 Money Mindsets: Which Is Yours? Uncle8888 belongs to the group of Perfectionists in the financial planning personalities who are not in the main stream of retail investors’ mindset. Perfectionists tend to ….. Think too much. Plan too much. Track too much Measure too much Concern too much Goals too many … excluding Analysing too much (This is Uncle8888: Less Analysing. More Investing)   Mind Read? The 3 Ms Part 3 – Mind (The ring that rules them all) SMOL said: The ring that rules them all! When it comes to investing our...

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3M’s – Method, Money, Mind (3)

Read? 3M’s – Method, Money, Mind (2)   Money over Method Method generally just provides you with your Entries and Exits.  Even though most of your Entries and Exits are perfectly executed; it doesn’t necessarily means that you are going to become rich in stocks. It may just be boosting your own ego! Wait a minute! How about becoming the next “Guru” conducting courses? Surely all will be impressed with your near perfect Entries and Exits. Money is more than just protecting profit and cutting losses. The most important thing in Money is Position Sizing. This will determine whether you are going to...

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Like it or not. We as ordinary retail investor have to measure our investment performance. Why??? (2)

Read? Like it or not. We as ordinary retail investor have to measure our investment performance. Why??? When does XIRR really matters? Most retail investors’ investing goals and road map will look like this one. XIRR really matters during Growth phase of our long investing journey towards official retirement or early retirement. XIRR is the speedometer of our investment portfolio strength; it will roughly tell us ETA (Estimated Time of Arrival) to cross over into Income phase. During Income phase, your Absolute Return now really matters! When your absolute return is not enough to meet your living expenses in your retirement; then...

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3M’s – Method, Money, Mind

Read? The 3 Ms Part 3 – Mind (The ring that rules them all) After reading the enlightening posts by SMOL It is the right time to be truthful to ourselves. We should take a hard look at our investing strategies and our portfolio’s XIRR over our last investing time frame. (You may want to restart your investing time frame and measure your Portfolio’s XIRR from that point onwards) Are we happy with the our investing performance and will continue working more with the same? When our answer is No; then we must be truthful to ourselves. Are we spending most...

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Cut loss or Write it off???

Just For Thinking … Are you struggling with yourself constantly whether to cut loss or not? One way to overcome your emotion and stop struggling any more. Do you still have plenty of cash rotting in the bank as War Chest? If yes, write it down to one cent per share and move on. Now when you look at that stock again. It is a winning stock. Right? Only when you run short of money, then start thinking about this “winning” stock. Cut loss for capital! It is all in the...

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When is freedom in your life?

No more Office Hours! Most of your time are not dictated by meeting schedules and calendar meeting alerts. No more meeting invites No more daily, weekly, and monthly Reports to submit. Everyday is TGIF What else? When will it happen? More good days ahead when we finally step into the Edge of Financial Independence … But, you need to do first. Set your Financial Goals to reach there if you have not done so....

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