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36 comment(s). Last comment by calvintaneng 2021-10-05 18:21

calvintaneng

53,217 posts

Posted by calvintaneng > 2021-10-03 16:47 | Report Abuse

THE IMPORTANCE OF DIVERSIFICATION (Calvin Tan) This is a 3rd posting to warn about Black Swan event

https://www.eaglevisioninvest.com/the-importance-of-diversification-calvin-tan-this-is-a-3rd-posting-to-warn-about-black-swan-event/

3 Main Points in the above article

1) One 911 Event can Wipe of Entire Life's work when Twin Towers New York Collapsed
CEO turns into taxi driver. Never put all investments into One Basket

2) High Steel Prices no use if Contractors cannot pay. Petronas Twin Towers stopped work during Asian Financial Crisis & ran away

3) Oil Palm
The only safety that went up when everything else crashed

ahbah

6,059 posts

Posted by ahbah > 2021-10-04 08:14 | Report Abuse

Please no be a doom day prophet here lah.

Be positive when others are negative !

calvintaneng

53,217 posts

Posted by calvintaneng > 2021-10-04 08:18 | Report Abuse

ahbah Please no be a doom day prophet here lah.

Be positive when others are negative !
04/10/2021 8:14 AM

Ahbah Ahbah

You better be careful don't simply blindly chase stocks now

Later no more nasi lemak for you

Then you go line up for free food?

See

https://www.youtube.com/watch?v=B5fdvNMtaso

ahbah

6,059 posts

Posted by ahbah > 2021-10-04 08:24 | Report Abuse

Dulu got food kitchen,

Sikalang, just gantong white flag, got nasi lemak delivered free to our

door step !!!

calvintaneng

53,217 posts

Posted by calvintaneng > 2021-10-04 08:50 | Report Abuse

Hahaha

White flag?

After losing all in pump and dump syndicates stocks then surrender with white flag

LossAversion

1,684 posts

Posted by LossAversion > 2021-10-04 08:52 | Report Abuse

Calvin reading crystal ball now??

ahbah

6,059 posts

Posted by ahbah > 2021-10-04 08:53 | Report Abuse

I onli cry in the rain, so U cant see me crying lah !!!

newboy18

196 posts

Posted by newboy18 > 2021-10-04 09:02 | Report Abuse

this guy can't even save his company from bankruptcy

calvintaneng

53,217 posts

Posted by calvintaneng > 2021-10-04 09:06 | Report Abuse

Calvin no see crystal ball

Calvin sees the stock market is now being turned into a gambling casino

calvintaneng

53,217 posts

Posted by calvintaneng > 2021-10-04 09:07 | Report Abuse

Ahbah crying ?

Please better be safe than sorry and laugh instead of cry ok

calvintaneng

53,217 posts

Posted by calvintaneng > 2021-10-04 09:09 | Report Abuse

Save from bankruptcy ?

Exactly !!!

Those wise ones who take heed will be saved from bankruptcy later

Heedless ones will suffer losses later

Youngkid

291 posts

Posted by Youngkid > 2021-10-04 10:03 | Report Abuse

Boosa aldy crash loh!

Youngkid

291 posts

Posted by Youngkid > 2021-10-04 10:04 | Report Abuse

See Gloves counters almost dropped 80 % from peak

newbie8080

2,729 posts

Posted by newbie8080 > 2021-10-04 10:57 | Report Abuse

@calvintaneng, despite the many stock market crash since 40 years ago, quality stocks like Microsoft, Apple (US listed) or even in Msia (Maybank, public bank, TM, TNB) still around

Buy good quality stocks should be the key for successful investment without any worries stock market crash

calvintaneng

53,217 posts

Posted by calvintaneng > 2021-10-04 11:22 | Report Abuse

newbie8080

I remember my Remisier friend short maybank from Rm20.00 to Rm2.50 during the Asian Financial Crisis

public bank fell to only 80 sen

Nestle fell to only Rm11.80

of course they survived

but those who paid high prices with margin all their shares were forced sold at bottom prices

周 海

171 posts

Posted by 周 海 > 2021-10-04 11:24 | Report Abuse

Kiosaki missed so many predictions.

He only made one right prediction: housing boom in the US in 2005. Later busted in 2008.

huawei19

41 posts

Posted by huawei19 > 2021-10-04 11:24 | Report Abuse

those r the history and would not happen again .


go and buy APPLE, TESLA, AMAZON, MICROSOFT....101% guarantee win...only one way up!!!!..

calvintaneng

53,217 posts

Posted by calvintaneng > 2021-10-04 11:26 | Report Abuse

Bad news out from China

Evergrande about 2% of China GDP is now suspended for failing to honour it's bond payment

The most secured investment is bond just like the most important part of the human body is the back bone and the most important support of the building is the main pillar

Now China Govt MUST STEP IN TO SAVE EVERGRANDE OR ELSE THE CONSEQUENCES WILL BE VERY BAD

周 海

171 posts

Posted by 周 海 > 2021-10-04 11:26 | Report Abuse

He always asked governments to cancel pension fund (EPF) because pension fund makes people lazy and unproductive.

周 海

171 posts

Posted by 周 海 > 2021-10-04 11:29 | Report Abuse

As for Evangrande, the biggest fear is still how much foreigners are into the bond program. How big the hole is.

If China doesn't save Evergrande, stock market will wobble for a few days. GDP of China will be scaled down and US tapering will be postponed. Good for growth stocks.

huawei19

41 posts

Posted by huawei19 > 2021-10-04 15:02 | Report Abuse

Evergrande is even worse than LEHMAN brothers ......

CHINA will collapse badly.....at 15 years backwards...the economy will be in the recession for long long period of time...riots and kiosk in china due to poverty and people r dying....the hype of the CHINA rise will be disappeared and vanished..china will need another 30 years to build and the cycle will continue....

calvintaneng

53,217 posts

Posted by calvintaneng > 2021-10-04 15:04 | Report Abuse

Evergrande is selling off Rm5 billions assets as
a stop gap measure to forestall default

More will come later

This Evergrande is only the tip of the iceberg

The colossal debt bomb hidden in all the other companies and banks will surface later as well

See if China will follow USA example of propping up it's economic system by artificial life support system of printing Fiat money

周 海

171 posts

Posted by 周 海 > 2021-10-04 15:10 | Report Abuse

Huawei will build back better.

Adam Khoo from Singapore did a deep down analysis of Evergrande'c current situation and he asked his students to buy stocks (not Evergrande's stock) on the dip.


You can check his video in Youtube.

huawei19

41 posts

Posted by huawei19 > 2021-10-04 15:21 | Report Abuse

singaporean r smart conmen and sweet talker like American....cant trust..trust your own analysis....wait for the nuclear to burst...it's timing now which is getting closer and closer...

Sslee

4,670 posts

Posted by Sslee > 2021-10-04 17:11 | Report Abuse

https://www.bnnbloomberg.ca/china-steps-up-efforts-to-ring-fence-evergrande-not-to-save-it-1.1661169

Bloomberg) -- As China Evergrande Group edges closer to a massive restructuring, Beijing has stepped up efforts to limit the fallout, signaling it’s willing to prop up healthy developers, homeowners and the real estate market at the expense of global bondholders. In the last week alone, Chinese authorities have dispatched top financial regulators to nudge the country’s massive banks to ease credit for homebuyers and support the property sector. They also bought out part of Evergrande’s stake in a struggling bank to limit contagion. The central bank meanwhile pumped 460 billion yuan ($71 billion) into the system over a five-day stretch to ease liquidity. The moves underscore that China will do everything it can to ring-fence Evergrande, while showing little interest in a direct bailout of the developer that has roiled global markets for weeks. That doesn’t bode well for bondholders -- both onshore and abroad -- looking for some kind of rescue from the Chinese government. “The first obligation is going to make sure that homeowners who bought those homes take delivery and are made whole,” said Marathon Asset Management Chief Executive Officer Bruce Richards, who started buying Evergrande debt last week. “At the very end of the pecking order are offshore bondholders.” For China, the risk of contagion far outweighs any potential damage from an Evergrande collapse on its own. Though Evergrande is one of the largest developers in China, it accounts for just 4% of sales in the country. A run on property firms in the wake of an Evergrande failure threatens to destabilize an industry that accounts for 29% of China’s economy, according to new research from Harvard University economist Ken Rogoff.

z3fthology

199 posts

Posted by z3fthology > 2021-10-04 17:26 | Report Abuse

noob question aside of evergrande issue now and us interest adjustment expectation in 2022, how do you think the US Gov's debt ceiling will hurt the market?

calvintaneng

53,217 posts

Posted by calvintaneng > 2021-10-04 19:10 | Report Abuse

Regarding US Interest rate & debt ceiling

Listen to Dr Marc Faber

https://marcfabersblog.blogspot.com/

calvintaneng

53,217 posts

Posted by calvintaneng > 2021-10-04 20:21 | Report Abuse

Inflation Time Bomb
By Marc Faber

https://marcfabersblog.blogspot.com/

Serious

174 posts

Posted by Serious > 2021-10-05 10:23 | Report Abuse

Peter Cai, a research fellow with the Lowy Institute, said the Chinese government had learned from its management of other recent big collapses including aviation and tourism group HNA.

“One missing piece is that the Chinese government is willing to let Evergrande go down,” he said. “They are more and more experienced and emboldened to let really large and over-leveraged companies go under.”

He said while Evergrande’s liabilities were enormous the situation was different to the collapse of Lehman Brothers, where sub-prime mortgages had been packaged up and sold across the entire economy.

“Here we are talking about a highly leveraged Chinese property development firm,” he said. “Despite its size, I think it’s quite unlikely to cause the kind of systematic meltdown we experienced in 2008.”

Posted by OldWiseMan100 > 2021-10-05 11:57 | Report Abuse

every year he says the same thing, crash happening soon, buy gold... and buy his book.

what is new?

stockraider

31,556 posts

Posted by stockraider > 2021-10-05 12:14 | Report Abuse

Right thing to do loh!

Let evergrande collapse & buy the piece of business cheaper loh!

After that only think whether should rescue the company loh!


Posted by Serious > Oct 5, 2021 10:23 AM | Report Abuse

Peter Cai, a research fellow with the Lowy Institute, said the Chinese government had learned from its management of other recent big collapses including aviation and tourism group HNA.

“One missing piece is that the Chinese government is willing to let Evergrande go down,” he said. “They are more and more experienced and emboldened to let really large and over-leveraged companies go under.”

He said while Evergrande’s liabilities were enormous the situation was different to the collapse of Lehman Brothers, where sub-prime mortgages had been packaged up and sold across the entire economy.

“Here we are talking about a highly leveraged Chinese property development firm,” he said. “Despite its size, I think it’s quite unlikely to cause the kind of systematic meltdown we experienced in 2008.”

calvintaneng

53,217 posts

Posted by calvintaneng > 2021-10-05 13:52 | Report Abuse

Bursa Technology index falls the most after Nasdaq ends sharply lower

https://www.theedgemarkets.com/article/bursa-technology-index-falls-most-after-nasdaq-ends-sharply-lower

calvintaneng

53,217 posts

Posted by calvintaneng > 2021-10-05 14:07 | Report Abuse

AFTER EVERGRANDE ANOTHER DEVELOPER GOES INTO BOND PAYMENT DEFAULT
https://www.cnbc.com/2021/10/05/china-property-default-risk-for-fantasia-sinic-amid-evergrande-crisis.html

Shalala

2 posts

Posted by Shalala > 2021-10-05 16:52 | Report Abuse

why us farmlands are correlated to local oil palm lands?? (just ask)

calvintaneng

53,217 posts

Posted by calvintaneng > 2021-10-05 18:21 | Report Abuse

Shalala

Like this

US farm lands produce these two major crops - Corn and Soybean

Now Us is pivoting into biodisel from fossil fuel

And both corn and soybean are used as biodisel
Since biodisel demand is good prices of corn and soybean are up and people are bidding up the prices of farm lands. Soybean is also a good export to China and prices are high

Since over here palm oil is also used as biodisel and food

And with high cpo prices land ownership becomes a good proposition as well to go up in prices

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