what i said is what i read or come to know form other..i dont makeup myself..

http://www.addictedtoprofits.net/platmembers/LONGBEARSHORTBULL.pdf

Pls read with due diligent..you must live with your decision..

And nobody can tok up or down any counter...really..market is too big...not even Buffet..maybe he can do it for just one day only...

We here in sharejunction is just too small...

Hi stupidfool, dont be demoralised, i am 68..the most i can ride another 2 more cycle include this one and then i be gone...right???..and i do make $ but not as what i want to be...i should said somewhere between average and above average.

But this round if heaven permit, we must not miss..you should not miss also..i have friend who are even much better off then me...there are always someone who are higher than us, so we must be humble..i start out as a technician also, now i am a business owner.

To be really rich, we must do and own business, not buy share..share are for investment..but can never compare to business..for me , my business make me more $ then stock..many time over..be brave if you are young ..try business..what can you lose? you got nothing to lose, but alot to gain.

But pls dont look at $...we are as good as we are alive, the thing we have are as good as we are alive...if we are dead, even the whole world to us is useless..your wealth cannot follow you beyond that crematorium door...70% of what i have will be for charity...all my 4 children are capable..they dont need my $..some of my friend are gone..soon it will be my turn, will i ever see them again?

Dont compare and dont be sad, be brave and be happy...look like rally coming, but this time dont ne greedy, i think it will be as usual..i think DOW will go back to 11000 before it go to retest oct low..

Many countries facing property px falling...NZ,China,japan,Sth Korea,Australia ,UK,canada and of course...The USA.

Never out all your $ in just 2 counter...even if it is blue chip..very dangerous...dont u think so?

and what is the chance of multi bagger compare to mid cap??

for me around 10..thanks for posting..i do read this forum regularly..thanks all for sharing.

ahem...I am not sifu, and i didn't say we cannot hold too many counters, in fact, I hold 6 stocks, and 3 unit trusts, and i will start buying more blue chips probably next year... yes, I admit I missed SPH at 3.18, thinking that it will drop somemore, before i can get the dividend, oh well, now that 3.61, I will give a miss.. I will try harder next time...

i am going to buy Parkway Holding real soon, I wish it break 1.00, oh well, let's see.. it has been yo-yo from 1.03 to 1.41, and now 1.09...

heee.. yeah, I am lucky... I got these two tenants from this website... http://www.expatriates.com/classifieds/singapore/rma/ save my agent fees also, heee... 1 is indonesian chinese, and 1 is malaysian, both are Singapore PRs...

yeah, me myself had been "a tenant" since I was age 18.....

staying at Sunway for 2 years, Michigan for 5 years, then, Woodlands, rosewood for 1.5 year, 3 months at Eunos, Amber garden (now enbloc), 1.5 years at Lakepoint condo, 4 months at Jurong East block 103, and now become landlord collecting rentals, ha ha...

I have seen different types of tenants, while I was a tenant..., heee.... but it is fun experience....

It is always good to let the children have a headstart in life.

But dont we also want them to know that money is hard to earned and has to work for it and not just hand them on a silver plater?

cheongwee

U buying up so many counters?

All the sifu here like livermore,jj...etc..tell u not to hold too many counters??

Just hold maxi 2 or 3 can loh

Friend

Statistics shows that 1 in 10 tenants are lousy.

U are lucky thus far.

Good for u cheongwee.

The share mkt can bring out the best of everybody.

I bought 200 lots..sold all at one go..cause i thought play over ...it did not got the IR project..no worried..this time must not miss..and sorry.. i dont like to go to pub..it is one of a hell...more for those who are drunkard...but i will shout loud here so you know..

Now you know i am wating to buy..so the day come you know..and everyone here who buy will also know..dont need to shout....speak softly, but carry a big stick..

you must "screen" your tenants.... my tenants both are professionals, leaving home at 8 am and come back only at 7 pm, and 1 tenant go back to KL every friday night and back on Monday midnight, the other one, every friday night goto his gf place, and come back on sunday night..

this is the best scenario.. almost didn't see them at all... and yet, one common room $600, including electricity bills, staying at jurong east. electricity bill only max $160++ so far.

stupidfool      ( Date: 06-Dec-2008 18:53) Posted: This 3k a month....is it NET or it has to deduct off expenses like agent fees,repairs and maint.,taxes,overdraft int and depreciation? Expert calculated that the  returns of properties is about 3 to 4 % a year.Slightly better than FD. AND......most interesting of all findings.......that over a 20 year period,the capital appreciation of real estate is only about 1 to 2 %. This is because over the 20 year period,there are fall and rise of property px. Of course here we talk of properties over a broad range.There could be instances where a person just hit jackpot by buying at the ritr place and at the rite time.For example,en bloc sale. Finally,ppl talk about rental.There are many problems with tenants as we read from the papers. Some tenants can gif u hell.       baseerahmed      ( Date: 06-Dec-2008 16:26) Posted: baseerahmed Master Others   /   What would you do with a million pounds?   /   Posted: 01-Apr-2007 13:00      4Go to Message x 0 x 0 Personaly, with a million pounds , I will get myself a freehold property. Depending on the current condition/state it is in , might do some minor repairs ,refurbish etc.and let it out for rent . Could easily fetch around $3000 per month. As pointed out by EastonBay, $30k per annum is a luxury in Singapore . Its like another person in the household bringing in a monthly salary of $3000. On top of that the property is yours, period.Your money is locked away. I would treat it like my children's property. I am just the custodian . Cash in hand (or bank/ FD) might be tempting to spend. Unlike, say shares, funds management , where u are at the mercy of ups and down , ur property is solid on the ground. Won't bother me if the property price goes up or down.We have a solid asset here. Maybe a bit old fashioned , but Old is Gold ! Of course lah, can use the rent money to play play some shares ..hahaha...! ...sigh....hahaha ! (so, ultrameg , when can I expect the demand draft for a million pounds ? ; ) hahaha