No one is certain how the covid-19 pandemic will finally play out. Have cash reserve which will last you for a long time, First one must have a clear mind the purpose of investing; is it: To get rich quick, but subject to high risk (b) to build long-term wealth steadily, safely but surely
For those who has a lot of cash and thinly invested, it may be a good time to start nibbling; buy some good companies slowly.The future is unpredictable, the pandemic can get worse (or better). Low stock price can go lower, much lower.
the stock market has gone through numerous crisis, it is always in the long-term uptrend.No need to get panic and run for the exit if you are in above and if you have invested in good businesses.
Below what Warren Buffett say to MBA student. Warren Buffett to MBA students: This is what ‘sets apart a big winner from the rest of the pack’
Don’t be someone who turns people off The big takeaway here is that if you want to be the person who is successful, who everyone wants to hire, you need to build habits of integrity. There are a handful of ways to that: • Fulfill your promises • Be honest • Be trustworthy • Give credit where credit is due • Be mindful and emotionally intuitive • Manifest humility • Be willing to admit you’re wrong • Offer help when it’s needed • Treat others with respect • Be charitable • Be patient
controversial ideas, innovative ideas, contrarian investing, at least when people die, they know why they die. .....and more careful before jumping in with both feet.
hehe QuellingBlaster, On your free stock tips, Warren Buffett has this to say: “Honesty is a very expensive gift, Don't expect it from cheap people.” ― Warren Buffett
Don’t be someone who turns people off The big takeaway here is that if you want to be the person who is successful, who everyone wants to hire, you need to build habits of integrity
Not limited to just being hired (although that's something critical too) but in all other aspects of life too. Without being of "the right character", which definitely includes integrity, one will face various friction and negative events in his life. Relationships - personal and professional - are built, developed and sustained over this.
And the great thing is, it's something all of us can always improve upon. This is through all the seemingly `small and routine' situations and events each day. Including at this website. But this requires some courage for we need to honestly look at ourselves first, and acknowledge our unattractive characteristics. Only then can we start doing something about these.
Always appreciate anyone who can stick out their neck and voice their recommendation/opinions with justifications no matter how smart/silly it may sound like to myself or to another.
Investment seems to be a guessing game of the future using present & historical information against others who are doing the same.
Its about your competitive edge
No one can claim he has exclusive knowledge/skills against the others for certain and for permanently.
however, having said that,
somehow its apparent that nature/business/investor/human behavior has a pattern that repeats or 'rhymes', which gives us optimism on the predictability of future
we can see this on how a good management continues to make good business decisions...and good profitable business continues to make more profit (ARBB, AGESON)...and a good investor continues to make good investment decisions!
As for us, all we can do is keep refining our-self to detect this pattern accurately which has multitude of variables affecting it.....knowing nothing is set in stone
Hahahaha , this stock has multiple quarter of high "trade receivable" , , net cash generated from operating activity is negative, and no dividend declared. Very suspicious report !
warrantKing ; Who cares..... as long as the stock goes up is good enough. This counter is just a speculative counter just like a lot of other counters in Bursa. Just look at Presbhd for example.....its a loss making counter running into hundreds of millions of losses and yet the share price keeps on moving up.....from a low of 10c now it is trading at 20c already. Same as ARBB....it went down to as low as 9.5c. Now it is trading at 16c already and possibly 20c within this wk. The bottom line is....we make money.... even in this time of uncertainty.
Hahahaha......My PRESBHD is also moving. I'm playing all speculative counters and making tons of money. Who cares about fundamentals in times like this. Just be thankful if you can make money now.
SINGAPORE: Record low interest rates are tempting some retail investors in Singapore to load up on debt to buy shares, just as the coronavirus outbreak creates the most volatile markets since the global financial crisis.
Individuals pumped around S$2bil into equities in March, 50% more than the previous month, Singapore Exchange Ltd data showed.
It looks like Singaporean newbies got infected by FOMO disease now !
SINGAPORE (April 6): Singapore announced S$5.1 billion ($3.55 billion) in additional economic spending such as wage support, waiver of levies and one-off payments to combat the coronavirus pandemic.
“This is an unprecedented budget for extraordinary times,” Finance Minister Heng Swee Keat told parliament on Monday, just over a week after the city-state unveiled more than $30 billion in new support measures as it braces for its worst recession.
On Friday, Singapore said it will close schools and most workplaces for a month as part of stricter measures to curb a recent jump in coronavirus infections. Singapore has reported a total of 1,309 infections and six deaths from the coronavirus.
Heng said the new measures unveiled in the third budget will increase the total spending on coronavirus relief to S$59.9 bln or 12% of gross domestic product (GDP). He said Singapore will draw an additional S$4 billion from its past reserves to fund the new measures.
“The situation remains highly fluid and uncertain. The government stands ready to provide further support should it become necessary,” Heng said.
Heng said Singapore’s overall budget deficit for financial year 2020 is expected to increase to S$44.3 billion, or 8.9% of GDP.
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....
MoneyMaker168
369 posts
Posted by MoneyMaker168 > 2020-04-06 13:56 | Report Abuse
No one is certain how the covid-19 pandemic will finally play out. Have cash reserve which will last you for a long time, First one must have a clear mind the purpose of investing; is it: To get rich quick, but subject to high risk (b) to build long-term wealth steadily, safely but surely