03-04-2014, 02:01 PM
(03-04-2014, 01:45 PM)Belg Wrote:Ha! Ha!(03-04-2014, 01:33 PM)Temperament Wrote:(03-04-2014, 01:11 PM)Belg Wrote:Ha! Ha!(03-04-2014, 12:17 PM)Temperament Wrote:(03-04-2014, 09:28 AM)CityFarmer Wrote: Just for the sake of discussion. Uncle Temp.You are right! Besides the stalwarts listed in the STI INDEX which have been cheery picked for us; there are still a lot of stalwarts for us to pick ourselves and many other types like you said. But for people who are like me not so bright, i go for stalwarts first before i like to look at other plays. (aka grower, asset play, cyclical, etc..) Actually i think all stocks are "cyclical".. only some stocks are more cyclical than others.
I agree that I may not able to buy SGX at the right price anytime as I like. But if there is a large pool of similar stalwarts, I might be able to buy one at the reasonable price, most of time as I like.
The challenge is to find enough stalwart stocks to build-up the pool. It also depends on whether opportunities arises for other types of stock, e.g. grower, asset play (special situation) etc at the bargain price.
Ha! Ha!
Ha Ha!
Every stock goes through the cycle of Bull and the Bear. I.e. they are cyclical in nature.
More cyclical nature stocks - property play, commodities, oil & gas etc.
Although cyclical, we are all interested to know that there are many still who has that investment moat to withstand the cycles well and infact still keeping good profit margins.
You sound like a veteran in the investment markets. i think you must have been investing for many years already. If you say only 5 years, i will be very surprised. i guess at least 15 to 20 years already.
Right?
Uncle Temp, I am really flattered by your comments.
In front of the very good teachers here, I am still learning along. Not as much experience as you have mentioned, though I have lose a lot before I start learning about value investing and also Warren Buffett.
TA is not a safe and sound method to gauge market in general, at most they offer a good indication whether its a good entry point.
FA is just like a guide, good enough to entice people to take the first step to buy. Really, whether there is real growth in the company, only the insiders or people familiar in the industry knows. Take a leaf out from Blumont saga.
Market to me is just like a game, make how much eat how much has already been decided.![]()
Invest and prosper.
Who can think he can stop learning in life?
i still keep on reading books on investments from FOC NLB even until today.
In the beginning, reading too many books sometimes confused me because every author has his own merits. Of course a few may not be suitable readings yet we have to read them to find out what is suitable and what is not suitable for our temperaments.
I am here because i like to learn from everyone who is willing to share his acquired knowledge and even more important his experiences.
Besides, if i stop learning, i think is the day i will be dementia or gone with the wind.
"The truth will set you free" is very true indeed!
Happy learning!
Shalom.
WB:-
1) Rule # 1, do not lose money.
2) Rule # 2, refer to # 1.
3) Not until you can manage your emotions, you can manage your money.
Truism of Investments.
A) Buying a security is buying RISK not Return
B) You can control RISK (to a certain level, hopefully only.) But definitely not the outcome of the Return.
NB:-
My signature is meant for psychoing myself. No offence to anyone. i am trying not to lose money unnecessary anymore.
1) Rule # 1, do not lose money.
2) Rule # 2, refer to # 1.
3) Not until you can manage your emotions, you can manage your money.
Truism of Investments.
A) Buying a security is buying RISK not Return
B) You can control RISK (to a certain level, hopefully only.) But definitely not the outcome of the Return.
NB:-
My signature is meant for psychoing myself. No offence to anyone. i am trying not to lose money unnecessary anymore.