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

Investing Made Simple by Uncle8888 (11)

Read? Investing Made Simple by Uncle8888 (10) Low tide, calm water and big fish? It was low tide and the sea water is very calm. Uncle8888 has stopped fishing and was staring towards the sea and day-dreaming. Suddenly, someone shouted very loud that he caught a big fish. Really ah? Low tide and calm water and he caught a big fish? When Uncle8888 looked at the big fish and thought that it was probably a sick or dying big fish. He advised the man to exercise caution and decided whether he was taking any risk to consume it. The man disagreed and...

Read More

STI – Why no pullback yet? Amazing!

Look at the blue Block Arrow and its shaded part. Count the number of daily white candles in them. Amazing number of white candles in the past weeks. Right? The bulls are still charging ahead for Election Rally? I was anticipating a strong pullback in Q1 2011 so I fail to profit from this rally. Thus, it explained my poor performance in Q1...

Read More

Have you appreciate the one who has paid for your education?

This is a powerful message in our modern society. We seemed to have lost our bearings and our sense of direction. One, young, academically excellent person went to apply for a managerial position in a big company. He passed the first interview. The director who did the last interview, made the last decision. The director discovered from the CV that the youth’s academic achievements were excellent all the way, from the secondary school until the postgraduate research. He never had a year when he did not score. The director asked, “Did you obtain any scholarships in school?” The youth...

Read More

CPL – More buying into this laggard soon?

National Development Minister Mah Bow Tan said the cash-over-valuation (COV) paid on resale public flats has continued to drop. He said that based on early estimates, COV levels are currently S$20,000 to S$21,000, down from S$23,000 in the last quarter of 2010. Transaction volume has also dropped, but he declined to give figures. His comments came a day after HDB released figures showing that the growth of resale flat prices slowed to just 1.6 per cent in the first quarter of this year. Mr Mah was speaking to reporters after marking the completion of the latest housing project under...

Read More

Hey! What type of investors are you? (2)

Read? Hey! What type of investors are you? KY said: “I have read most of Robert’s books, Alexander Elder’s, abit on trading psychology, abit of money management and some finance books from NLB on trading. After a while, the books seems to converge and did not solve some of my doubts namely timing and methodologies.” I absolutely agreed with KY on “After a while, the books seems to converge.” and I have no doubt about it. This is not the first time that I heard someone commented about it and it won’t be the last too, Why am I...

Read More

Help me! I am still losing money in my Investment Quadrant (5)

“Sometime we may learn from other people’s experiences but at times we may have to re-look at our own experiences and learn from them as well.” – Createwealth8888. Read? Help me! I am still losing money in my Investment Quadrant – Part 4 Real People and Reality of Trading I think I have shared enough of my personal experiences on reality of trading and investing. May be it is good to share one reader’s experience and the reality of trading so that newbies can sit up and seriously think about it. KY in his email to me: “I began...

Read More

Trading for Income or Active Investing for Wealth?

Just For Thinking …. Sometime we really need to sit quietly and seriously think about it. If you are an employee or self-employed having a full-time job, do you really need to trade for income and hope that one day you can quit your job and become a full-time day trader? Full time day trading can be tough and stressful job. Read? Full Time Trading Trading for income may require you either to have big capital or trade with leverage such as CFD and Margin to amplify your gains and to cut your losses short before they escalate to huge losses...

Read More

Q1 FY 2011 Performance Report : Down -13.6% QoQ

Read? Last Report: Full Year 2010 Year Goal Hit Rate (In 2003, I set some bullish progressive year goals from 2003 to 2011 and 2011 Year Goal is 76.8% of 2010 Total Salary including all CPF contributions. Quite a big goal to achieve!) Year Goal Hit Rate fell by -13.6% from 19.2% in Q1 FY 10 to 5.6% in Q1 FY 11.  The poor goal hit was due to lack of new trading positions in the quarter and rolling forward the realization of profits to next quarter for Olam and Noble. Active Investing Performance Since Nov 08 after I...

Read More

Shocking Truth on some Stock Gurus! (2)

Just For Thinking … Read? Shocking Truth on some Stock Gurus! I realized that there are actually two groups of Stock Gurus. Really Good Stock Gurus They move on to Private Equity or Investment Management to become Money or Private Fund Managers. They typically charge 1% management fee and 20% performance fee with high water mark. They don’t anyhow make money from men-in-the-street. They earned their fee from accredited investors. An “accredited investor” is defined as: (a) an individual: (i) whose net personal assets exceed in value S$2 million (or its equivalent in foreign currency) or such other amount as...

Read More

Second Pillar of Wealth

Just For Thinking … For most of us in the working class either as employees or self-employed, our First Pillar of wealth most likely to come from exchanging our precious time, energy, knowledge, and skills for money. Some may supplement it by taking on more part-time jobs. The Second Pillar of Wealth is most likely to come from exchanging our money, financial and investing skills to Grow money. You may want to make a definite commitment to spend some of your precious time and energy in building up this Second Pillar of Wealth bit-by-bit, month-by-month and year-by-year. Acquiring financial and investing...

Read More

Sembcorp Marine wins contracts worth US$427.6m

Noble Corp (NE.N) exercised options with Sembcorp Marine (SCMN.SI) to build two new harsh-environment shallow water drilling rigs for US$235 million ($296.9 million) apiece, bringing the total it has under construction to four, the company said on Monday. The new jack-up rigs are expected to be delivered by Sembcorp’s Jurong Shipyard in the third quarter of 2013 and first quarter of 2014, and still leave Noble with two options to build new jack-ups. The vessels will have the capability to operate in water depths up to 400 feet (122 meters) and drill to depths of 30,000 feet. Earlier this...

Read More

Have you started using CAGR or XIRR to measure your portfolio performance?

“What gets measured, gets managed.” – Peter Drucker “Insanity: doing the same thing over and over again and expecting different results“ – Albert Einstein Someone said in a private email to me: Thanks for “pushing” people around you to measure their performance and educating us on the 2 mathematical tools, XIRR and CAGR.  I have started to use them in my tracking. “Keeping detailed records of your stock transaction is NOT measuring your portfolio performance. Better know the difference” – Createwealth8888 Don’t just keep detailed records of your stock transactions. You may have to measure and track your portfolio...

Read More

Shocking Truth on some Stock Gurus!

Just For Thinking …. Like most Sundays, I was flipping through thesundaytimes papers at air-con KopiTiam while having breakfast with Kopi-O siew dai. As usual there will be some Stock Gurus advertising how easy they can teach you to make money from the stock market and you can reach financial freedom by following their method but firstly you have to put $X,XXX in their pocket. On Pg 3, I can’t really miss reading off the bold-worded of easy trading in the stock market. Let recall what did I joke about … Read? Hey! Are you good at stocks? (2) Getting an...

Read More

Investing Made Simple by Uncle8888 (10)

Read? Investing Made Simple by Uncle8888 (9) Simplify your investing to avoid undesirable stress when you read the news that your stocks were halted and later got suspended. Why would you want to do that just to make some money from the stock market? Why stress yourself? I believe that there are enough opportunity in SGX to invest in non S-Chips to make decent returns. I have been doing that with non S-Chips since Nov 2008. I don’t even care to invest in overseas stocks for the same reason. The blue chips in SGX are also global companies with global presence...

Read More

Like us on Facebook

Follow us on Twitter