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If you got 10k for investment nw, how are u gg....
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AK_Francis
Supreme |
09-Apr-2009 22:41
Yells: "Happy go lucky, cheers." |
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May be d penny stock, Bank Of Chian at HSI, worth considering. Today closed at 2.82 HK$, ard 56 cts S$. Much talk on ds burger in papers lately. AK bought it at 2.30 n 2.65 for testing. Will likely hold till Jun ds yr, optimistic mth fr MFTs. No calling. Ha ha, big wok, AK cleared Citi last nite at 2.79 USD, now 2.93 liao. Liao chow ah. Ok lah, no greed, as always say. |
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DnApeh
Master |
09-Apr-2009 20:30
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cosco... CD 7 cts | ||
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HLJHLJ
Veteran |
09-Apr-2009 20:26
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Correction to my 1st sentence. Maybe I would use it to buy capland or NOL. Buy 1 lot when correction (condn: Williams 7-day at low, MA closing up or your comfortable method). The rest put in safehaven (can be cash or comfortdelgro or smrt etc)
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HLJHLJ
Veteran |
09-Apr-2009 20:22
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Maybe I would use it to buy capland or NOL. Buy 1 lot when correction (condn: Williams 7-day at low, MA closing up). 2 lots put in safer haven (can be cash or comfortdelgro or smrt etc) If capland drops by 20% or more, i'll buy 1 more lot by selling away safe haven funds. So i've 2 lots now. If 2 lots drop by 25%, cut loss. However, it is up by 33%, buy 1 lot along the way. Up again by 33%, buy 1 more lot again. Cut loss maintains at 25%. Rationale of this method: -Start small (like doing business, try try first) - if business not very good, pump in slightly just in case it picks up. - if business still no good, something is really bad, get out!! - if business is good, let the profits run, pump in more along the way, in gradual manner in case tide changes. Note: the 25%, 33% can be changed, depending on your target and risk factor. If i aim for 100% profit, then divide by 4 parts ==> 25% (cut-loss percent). For averaging up, divide by 3. In this way, running up part is always higher than cutting loss one, so there will still be profit. Worst case is loss of 25%. Note: I used this method for my UT, doing fine. Not very good profits but safe and sound. I should have used this last yr for my cash part but a bit late, otherwise i'll be sitting with more bullets...Anyway... learning. Anyone got any good method, hope you can share. |
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jeremyow
Senior |
09-Apr-2009 11:02
Yells: "Passionate business investor" |
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Hi, there is no minimum to start investing. Opportunities can abound anywhere. The important thing is to know what to invest your money into. If you are a first-timer to investments, I suggest you find out more information about the various investment tools (e.g. fixed deposit, money market funds, unit trusts, insurance endowment plans, stocks, bonds, exchange-traded funds and forex) before investing your money. $10k may not be a large sum of money, but if you can find a suitable investment tool that you are comfortable with its risk-reward ratio, you can put your money into good use and make it work harder for you. I like investing in stocks because it can offer low risk and high returns if one is a knowledgeable, patient and disciplined investor. Make sure you understand fully where you are going to put your money into. Don't just listen only to people (e.g. financial advisers, investment bankers, analysts) talk about the merits of an investment tool. There is no such thing as a guaranteed success (getting confirmed good returns without possibility of capital loss) in a particular investment tool which many such people tend to exagerate. Do your own reading also. If one is not willing to put in the effort to find out more about investments, then it maybe better to leave the money in the bank. Afterall, it is the safest (but it does not help your savings to grow and fight inflation which erodes away the value of your money with time) compared to the many other types of investment tools around. If you are planning to enter the stocks market, do lots of reading on it. Find out more about technical analysis, fundamental analysis, portfolio theory, how to build up a portfolio of stocks, bear market psychology, bull market psychology, psychology of how traders trade, Singapore stocks markets and foreign stocks markets (e.g. US, HK, Taiwan, China, KL). To be successful in investments, knowledge, patience and discipline is very important. One must absolutely understand where one is investing his hard-earned money into so as to sleep soundly at night and not worry about negative surprises along the way. On a parting note, investments is not a way to make big money. It is only a way of putting one's money to better use (instead of leaving in the bank or stashing it under the pillow) to grow it's worth so as to help one meet his financial goal sometime down the road. So often, we heard of investors who are impatient and lose big money through investing in stocks. Stocks market is not a lottery machine where small bets can win big money.
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Andrew
Master |
07-Apr-2009 23:46
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Are you the thread starter ?? Ain't playing stock already ?? SinoTF ?? 28% Yield....so good Stocks - Blue Chip is the way to play, but 10K buy 1 lot of DBS, NOL would be good, but you miss the boat. Sold mine @139, 29cts profit. Again.....maybe tomorrow 160.... Forget about the penny stocks, simply too risk. Bought Unifood for free, so it is either more profit or less profit only. Some even say it may be the start of a bull run....+20% from low.....but the situation still very bad leh....Or simply....stock now is just so cheap..... Gold - 880 today is simply horrific for me, When I got married my Platium ring is only 500/oz something like that......very very cheap then. Some even claim 2K/oz next year !!! sure or not ??. BTW, how much do you value 10K ? Are a risk taker ? Put in bank (Saving account.....not some juicy Golden Swan Nest Fund) is probably best but you may slammed me for that. OK.....the real thing....my sis recently took 10K to play forex.....I told her you probably will lose 20K......she slammed me also. But as of now, still making a few hundred bucks....now and then using some computer software....WOW. ...I don't play forex 10K can play meh ?? USD should have collapsed....and to everyone surprise, it grow stronger against other currency.....Theory say US notes is still the WORLD SAFEST investment because USA has NEVER miss a interest payment for the last 200 years !!! WOW WOW..... So ....think about it.....10K is still good money....YOUR money......YOUR call.......
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knightbridge
Veteran |
07-Apr-2009 18:00
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If using 10k determine the time frame. How long? Expected Rate of Return - less fees. What kind of return you are look at. 5%- 10% per annum or 20-50%. Once this is determine Personal Risk Profile. Can you afford to lose the 10k for 100% return and above.. Or letting it grow slowing over the years.. Create a game plan and follow it with cut loss in place.. Probably 1 stock counter... Do alot homework , be patience and buy at the right price.... 1 hit and 1 kill.. Good Luck/.. |
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AK_Francis
Supreme |
07-Apr-2009 17:43
Yells: "Happy go lucky, cheers." |
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Topping up CPF is a good idea, depending on your commitment. Young n single, married(below 40), married(above 50) n last but not least above 55, retiree. Presumes ds 10k is d extra cash beside keeping your min cash of 6mths monthly home expenditures. Single-note that first 20k in ord acct cannot be used for investment. With intention to buy new hse. Married-note d same with Single, but children edu fee ok. Married above 50- put inside your SA acct to earn d 4%++ int, if your SA amount is not reaching your forecasted Retirement amount. If your SA alrdy exceed d RA amount, top up for your wife ones. If both SA also max, then top up any parents RA who are supported by u. Retired-not much thing u can do eventhough your RA is max, as u need to wait until 63, some 65 then u can draw out your cash mothly. If u are not covered by free medical benefits, then use d $ to buy health insurance loh. Above did chip in children's factors n acute n prolong illness. Children's income can compliment d needs as arises. Some of d above AK had gone thro', for sharing. Sifus may hv their invaluable views as well. |
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freeme
Elite |
07-Apr-2009 16:16
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lol. maybe I should say if you only got 10k, what can you do to make the best out of it? 10k might be a smally amount, but if you got it rite 10k also can become 20-30k.. | ||
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Hulumas
Supreme |
07-Apr-2009 15:58
Yells: "INVEST but not TRADE please!" |
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Top up CPF.
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wongmx6
Veteran |
07-Apr-2009 15:48
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10K is relatively small amount in share market, For myself, i will dump it into STI index Fund. | ||
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filippoh81
Member |
07-Apr-2009 15:38
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ya me too...i wan to know too | ||
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freeme
Elite |
07-Apr-2009 15:31
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to build a portfolio? |
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