Some arguments made by a certain prominent blogger is so skewed that it is almost laughable….for eg palmoil is used in everthing we use so you should therefore buy palmoil stocks
The true fact about investing is everything has a fair price at any one time….so knowing when to buy and also SELL is just as important…not dum dum buy only
Good writeup. Before trying to understand the market, understand yourself first. Are you a trader or investor? What is your long term and short term? What is your risk level? That should give you some idea what sort of stocks that you want to buy or sell. Good.
More than 50% of packaged supermarket products contain palm oil and palm kernal oil, and it's in nearly everything including shampoo, lipstick, bread, chocolate, ice cream, detergent, soap and more. The reason for this is because it's a stable oil which is good for deep frying and with fatty acid chain of C8, C10, C12, C14, C16, C18, C18' and C18" it can be fraction into functional fat or further chemically react into ingredient for cosmetics, hygienic, personal care, biodiesel, lubricant, moisturiser, explosive (nitroglycerin) and etc.
Beside Palm tree is an incredibly efficient oil bearing crop.
My advice is never time the market. Each new year we we can see a lot of sin ka lan analysts giving predictions of index. Every amateur stock trader will be able to do that too. Just take the index of the last trading day of the year /- 15%. Unfortunately all these so-called analysts are looking at one side of the coin. So, never ever take their opinions seriously.
Stay invested. My Pick are banking and construction sectors. Dark horse is technology.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
skoh888
1,022 posts
Posted by skoh888 > 2022-07-03 10:41 | Report Abuse
Great article cyan! Welcome back!