tag:blogger.com,1999:blog-30359464181330231702012-01-27T13:20:07.940+08:00The Pursuit of Wealth Thru' Capital Preservation and Appreciation.Wealth Journeyhttp://www.blogger.com/profile/11915861361512508441noreply@blogger.comBlogger1511100tag:blogger.com,1999:blog-3035946418133023170.post-11749054827677822472012-01-23T23:32:00.001+08:002012-01-26T09:19:13.745+08:00

Qualitative Factors :- News of Job cuts from the finance sectors. Recession News coming out from all authoritative sources like the IMF, global governments. The scary event of a Greece default which is getting nearer by the day. And what does the market do? When market reacts with ease to bad news, you can be sure it is discounted into the stock price. The most worrying thing de-railing this

Wealth Journeyhttp://www.blogger.com/profile/11915861361512508441noreply@blogger.com1tag:blogger.com,1999:blog-3035946418133023170.post-64079286749183720452012-01-20T12:53:00.000+08:002012-01-20T12:53:54.807+08:00

Homework for the Chinese New Year. Prepare your buy list :) It's time to get into the market. If it all goes smoothly, I will be increasing equity allocation as and when feasible. Though my schedule would be at least a bi-weekly buy in batch. The first targets next week will be those bluechips which are near 52 weeks low. HUAT AH! HAPPY CHINESE NEW YEAR!

Wealth Journeyhttp://www.blogger.com/profile/11915861361512508441noreply@blogger.com4tag:blogger.com,1999:blog-3035946418133023170.post-86416143134814555902011-12-22T12:01:00.001+08:002011-12-22T12:04:20.222+08:00

Dennis Ng, of Leverage Holdings, posted a good article on this issue. Good for a read for anyone who's interested. Compared to him, I am ball-less 'coz he also short CDL in this article. This is conviction man.. http://www.masteryourfinance.com/forum/phpBB2/viewtopic.php?p=17586#17586 Short term trading vs Investing, what's the difference? Based on the Rich people I know, including myself,

Wealth Journeyhttp://www.blogger.com/profile/11915861361512508441noreply@blogger.com2tag:blogger.com,1999:blog-3035946418133023170.post-37910548318262386062011-12-21T15:27:00.001+08:002011-12-21T15:29:48.192+08:00

Robert Kiyosaki was the one who flipped my mind when I read his book the Cashflow Quandrant when I was 29yrs old. From then on, I started to focus on becoming financial independence thru' the acquisition of assets, prudent leverage of debt and generation of cashflow to finance expenses and do more investments. Do take a look if nothing else at this wonderful video and the rest of the series. Of

Wealth Journeyhttp://www.blogger.com/profile/11915861361512508441noreply@blogger.com0tag:blogger.com,1999:blog-3035946418133023170.post-66969225663528996002011-12-08T17:26:00.000+08:002011-12-08T17:26:22.081+08:00

Don't invest your money in stocks, says Mark Cuban. Wall Street is no longer a good place to make money. Cuban discusses how average investors looking to invest $25,000, $50,000, $100,000 or more can get return on their money. "There is a transactional value to cash, and I think that the whole concept of you fall further and further behind because of inflation is ridiculous," he says. Read

Wealth Journeyhttp://www.blogger.com/profile/11915861361512508441noreply@blogger.com4tag:blogger.com,1999:blog-3035946418133023170.post-84895155939589029422011-10-31T12:23:00.000+08:002011-10-31T12:23:26.753+08:00

In SALUTE! to a great post by Master CW888. 无形胜有形。。。Once you confined yourself to a form, you will not break thru ... Like in accounting, substance over form (if I am correct at all)... The moral of the story When rules of the stock market are not set and defined, there is no way to know what it is so we have to master the Art of  Formless Form. When we cling to the form, there will be

Wealth Journeyhttp://www.blogger.com/profile/11915861361512508441noreply@blogger.com4tag:blogger.com,1999:blog-3035946418133023170.post-1017738066960867812011-09-11T12:23:00.000+08:002011-09-11T18:49:23.882+08:00

Actually all these talk to justify why must buy properties is just to please people who need factual evidence. I tell you... the only thing that affect property prices is Confidence of the Market you are in invested in. 1) Supply and Demand? Irrelevant -> you know in 2009, we talk abt oversupply in 2011. Prices still went up (confidence in the system was strong. Recovery, bright blue sky) Now

Wealth Journeyhttp://www.blogger.com/profile/11915861361512508441noreply@blogger.com5tag:blogger.com,1999:blog-3035946418133023170.post-55695002986035931032011-08-06T19:06:00.000+08:002011-08-06T19:06:28.513+08:00

No charts, No returns. I have cashed out of all my equities as of Friday 5th August 2011. Dividends collected was $127k but by year end, I should be in the region of $160-170k with my deposits and bonds. Based on my gut instinct (which is wrong most of the time), I bailed out myself. Did I just sold into the Selling Climax? ..hehe... A confluence of factors just make the future looks bleak.

Wealth Journeyhttp://www.blogger.com/profile/11915861361512508441noreply@blogger.com10tag:blogger.com,1999:blog-3035946418133023170.post-36466177754028807022011-07-09T17:28:00.001+08:002011-07-09T17:43:08.648+08:00

2011 Year to date (YTD) Return Portfolio -0.91% Equities-5.63% Dividend/Interest for 2011   $106,578 Absolute Return Since 11/2007 Portfolio 11.06% Equities23.39% Lousy performance by myself. I don't know what to say! :p But to make myself happier, since Nov 2007(when i started the portfolio), I had an equity portfolio XIRR of 8.16% and a total portfolio XIRR of 3.85%. What does

Wealth Journeyhttp://www.blogger.com/profile/11915861361512508441noreply@blogger.com5tag:blogger.com,1999:blog-3035946418133023170.post-14230136289033734252011-06-02T17:19:00.003+08:002011-06-02T17:28:37.757+08:00

2011 Year to date (YTD) Return Portfolio 0.51% Equities-3.48% Dividend/Interest for 2011   $78,909 Absolute Return Since 11/2007 Portfolio 12.33% Equities25.98% Time to be cautious? The last month, 3 notable fund managers (Howard Marks, Doug Kass, Jeremy Grantham) felt the market is going to experience a significant correction and possibly a crisis soon. Their advice were to

Wealth Journeyhttp://www.blogger.com/profile/11915861361512508441noreply@blogger.com0tag:blogger.com,1999:blog-3035946418133023170.post-89099375968708103872011-04-12T16:27:00.001+08:002011-04-12T16:38:45.812+08:00

2011 Year to date (YTD) Return Portfolio 2.59% Equities4.03% Dividend/Interest for 2011   $48,605 Absolute Return Since 11/2007 Portfolio 14.10% Equities35.75% World markets remain resilient to any negative news such as uprising or natural or man-made disasters. Just back from Taiwan and the investment sentiments there are also very positive with Tai-ex making new highs. What

Wealth Journeyhttp://www.blogger.com/profile/11915861361512508441noreply@blogger.com1tag:blogger.com,1999:blog-3035946418133023170.post-50284943649778062932011-03-15T14:35:00.000+08:002011-03-15T14:35:06.961+08:00

Good article by Douglas Kass on the more frequent occurrence of Black Swans and the interlocking effect they have on the globalised world. Of particular note, the asset mix in this age of frequent high impact unknown unknowns. Do you want to be too concentrated in your holdings? Do you think Cash is an asset class to be treasured and appropriate raised in weight-age even if it pays pittance?

Wealth Journeyhttp://www.blogger.com/profile/11915861361512508441noreply@blogger.com2tag:blogger.com,1999:blog-3035946418133023170.post-71681622510679949752011-02-27T15:16:00.000+08:002011-02-27T15:16:26.979+08:00

A Straits Times article again highlighting the allure of private equity. They enticed you with phrases like "Though not easily accessible to the average investor, such funds outperform public equities" . Hmm...where have I heard that before.. it seems to be transplantable to Hedge Funds. If you want to do private equity, don't need to approach private equity fund via private banks or

Wealth Journeyhttp://www.blogger.com/profile/11915861361512508441noreply@blogger.com1tag:blogger.com,1999:blog-3035946418133023170.post-89575327815849066802011-02-27T12:38:00.000+08:002011-02-27T12:38:52.609+08:00

How to get rich? Read on and see my own conclusion at the end. Here's Jim Roger's Investment nuggets and this is what he has to say... On getting Rich “Historically, you buy stocks when they're yielding 6% and selling at eight times earnings. You sell them when they're at 22 times earnings and yielding 2%” "Take your money; put it in Treasury bills or a money-market fund. Just sit back, go

Wealth Journeyhttp://www.blogger.com/profile/11915861361512508441noreply@blogger.com3tag:blogger.com,1999:blog-3035946418133023170.post-42972363597869875112011-02-04T23:10:00.001+08:002011-02-04T23:12:29.977+08:00

2011 Year to date (YTD) Return Portfolio 0.76% Equities1.42% Dividend/Interest for 2011   $16,609 Absolute Return Since 11/2007 Portfolio 12.48% Equities33.75% Egypt and the Arab countries "crisis" on display but no hit to the market. Rightfully so I might think as they do not dominate World GDP as much as China, USA, Japan or Europe. Market has been exceedingly bullish in my

Wealth Journeyhttp://www.blogger.com/profile/11915861361512508441noreply@blogger.com3tag:blogger.com,1999:blog-3035946418133023170.post-57815972422295808222011-01-31T17:58:00.000+08:002011-01-31T17:58:54.943+08:00

When you buy a Reit, you are not a fractional owner of a string of properties. You will be another anonymous shareholder in a company that happens to be dealing with properties and returning you dividends. This is much like any other companies out there who is dealing with any other form of business(e.g, selling newspaper) and returning dividends to you. Reits are leveraged instrument. True. So

Wealth Journeyhttp://www.blogger.com/profile/11915861361512508441noreply@blogger.com7tag:blogger.com,1999:blog-3035946418133023170.post-87508301188944050952011-01-23T18:52:00.002+08:002011-01-23T18:52:33.733+08:00

More Investing and Less Analysing. Don't be paralyzed by Analysis. You can be an expert in fore-hand, back-hand, smash, volley.. but if you don't win the game, nothing else matters.

Wealth Journeyhttp://www.blogger.com/profile/11915861361512508441noreply@blogger.com2tag:blogger.com,1999:blog-3035946418133023170.post-44578952373988115152011-01-18T19:34:00.000+08:002011-01-18T19:34:05.184+08:00

Was reading thru a discussion forum and people were citing the increased coverage of media reports on bullish retail investors late to the party as an INDICATION the market is going to Crash. I beg to differ, the appearance of more late-comers retail investors(unlike the early retail investors like ourselves) does not fore-tell a crash. It is actually just an indication of optimism and possibly

Wealth Journeyhttp://www.blogger.com/profile/11915861361512508441noreply@blogger.com8tag:blogger.com,1999:blog-3035946418133023170.post-20811095336946724782011-01-08T17:17:00.000+08:002011-01-08T17:17:07.867+08:00

2010 Year to date (YTD) Return Portfolio 6.79% Equities13.17% Dividend/Interest for 2010   $191,875 Absolute Return Since 11/2007 Portfolio 12.03% Equities32.41% As expected, M&A activities have been going on and it might indicate the optimism of economic recovery by companies. 2008 was the year of doom, 2009 was the year of gloom/uncertainty, 2010 was the year of reviving

Wealth Journeyhttp://www.blogger.com/profile/11915861361512508441noreply@blogger.com2tag:blogger.com,1999:blog-3035946418133023170.post-20297844761602080242010-12-11T01:34:00.000+08:002010-12-11T01:34:59.340+08:00

Kaminsky's Call: Hedge Funds Do Worse Than Market? - CNBCMore shockingly, the study, aptly titled "Higher Risk, Lower Returns: What Hedge Fund Investors Really Earn," found that simply buying and holding stocks over that period produced even better returns. Something I have experienced and probably will never return to hedge fund or mutual fund investing again.

Wealth Journeyhttp://www.blogger.com/profile/11915861361512508441noreply@blogger.com0tag:blogger.com,1999:blog-3035946418133023170.post-79761637471071675982010-11-11T12:16:00.000+08:002010-11-11T12:16:07.343+08:00

How assets are valued - spoof video reveals shonky banking practices :) Clicked on other videos of the same series to discover banking motivations and Forecasting Techniques?

Wealth Journeyhttp://www.blogger.com/profile/11915861361512508441noreply@blogger.com5tag:blogger.com,1999:blog-3035946418133023170.post-30606478462795015232010-11-04T14:50:00.003+08:002010-11-04T15:07:01.864+08:00

2010 Year to date (YTD) Return Portfolio 5.22% Equity(Include Funds)  8.79% Direct Shareholding12.46% Dividend/Coupon/Interest received for 2010 YTD$156,959 Absolute Return Since Nov 2007 Portfolio 10.38% Equity(Include Funds) 31.01% Direct shareholding31.25% Just a little peek into my equities performance (since Nov 2007) grouped by bourses. 1) NYSE - 26.97% 2) SGX    - 41.41% 3)

Wealth Journeyhttp://www.blogger.com/profile/11915861361512508441noreply@blogger.com0tag:blogger.com,1999:blog-3035946418133023170.post-61117354231589249572010-10-10T02:25:00.005+08:002010-10-10T07:28:37.618+08:00

This was a question posted by another blogger @http://sgboleh.blogspot.com/2010/09/what-will-you-do-with-1-million-dollar.html  This is what I would do with the $1million dollars. When you come into the money, refrain from spending it on frivolous items you yearn for(Audi) or your family desires (holidays) with the money. These are expenses, you whittle down your money just like that? Poof...

Wealth Journeyhttp://www.blogger.com/profile/11915861361512508441noreply@blogger.com2tag:blogger.com,1999:blog-3035946418133023170.post-77328655979780611322010-10-04T08:46:00.000+08:002010-10-04T08:46:59.761+08:00

2010 Year to date (YTD) Return Portfolio 3.27% Equity(Include Funds)  4.36% Direct Shareholding 7.77% Dividend/Coupon/Interest received for 2010 YTD$139,593 Absolute Return Since Nov 2007 Portfolio 8.33% Equity(Include Funds) 25.57% Direct shareholding25.67% The market, thus far, refused to go down drastically on bad news but charged ahead on NOT SO BAD News. I am still a believer of the

Wealth Journeyhttp://www.blogger.com/profile/11915861361512508441noreply@blogger.com1tag:blogger.com,1999:blog-3035946418133023170.post-40327010957800990212010-09-02T01:46:00.000+08:002010-09-02T01:46:42.142+08:00

2010 Year to date (YTD) Return Portfolio -1.24% Equity(Include Funds)  -0.39% Direct Shareholding 2.46% Dividend/Coupon/Interest received 2010 YTD$115,981 Absolute Return Since Nov 2007 Portfolio 3.26% Equity(Include Funds) 18.06% Direct shareholding19.17% I would think the economy is still in recovery mode and market is in a stage of confidence building and accumulation for the next leg

Wealth Journeyhttp://www.blogger.com/profile/11915861361512508441noreply@blogger.com5tag:blogger.com,1999:blog-3035946418133023170.post-57117380681894232942010-07-24T07:34:00.000+08:002010-07-24T07:34:53.547+08:00

With reference to a discussion on the suitability of property as an asset class in investment. Someone quoted the Bubble decade and slump of property prices in Japan which have not recovered yet while I find that property is a suitable investment vehicle for long-term. Yes, when you do investing, you are pitching your judgement call against or with the market. We make our judgement call using

Wealth Journeyhttp://www.blogger.com/profile/11915861361512508441noreply@blogger.com4tag:blogger.com,1999:blog-3035946418133023170.post-28181096362707093412010-07-18T20:10:00.000+08:002010-07-18T20:10:40.570+08:00

Image via Wikipedia[QUOTE=sXXX]whoa.. .. i read ur blog too... i learnt in sch from my lecturers that only extremely sophiscated investors can invest in hedge funds... as the fund managers are really tip top in the investment arena and hedge funds will almost definitely provide absolute returns year on year... so from ur experience, not that true after all, rite?[/QUOTE] Why hedge funds have

Wealth Journeyhttp://www.blogger.com/profile/11915861361512508441noreply@blogger.com1tag:blogger.com,1999:blog-3035946418133023170.post-13144879750370792922010-07-02T16:38:00.000+08:002010-07-02T16:38:00.110+08:00

Douglas Kass (DougKass) on Twitter DougKass 1. death cross is b.s. indicator.. more on that tomorrow morning $ about 12 hours ago via TweetDeck 2. Emotional Abuse! http://bit.ly/9fNFOX $ about 13 hours ago via TweetDeck 3. i beleive today will mark a classic bottom $ about 14 hours ago via TweetDeck He was also the one who called the bottom in 2009. Two times lucky? Hopefully .... for the

Wealth Journeyhttp://www.blogger.com/profile/11915861361512508441noreply@blogger.com0tag:blogger.com,1999:blog-3035946418133023170.post-88215237266582417102010-07-01T18:47:00.000+08:002010-07-01T18:47:26.815+08:00

2010 Year to date (YTD) Return Portfolio -4.61% Equity(Include Funds)  -3.84% Direct Shareholding -2.62% Dividend/Coupon/Interest received 2010 YTD $91,676 Absolute Return Since Nov 2007 Portfolio -1.96% Equity(Include Funds) 12.70% Direct shareholding13.15% Another month of uncertainty and zero returns. My performance have been dismal as I have basically not earned anything (after

Wealth Journeyhttp://www.blogger.com/profile/11915861361512508441noreply@blogger.com0tag:blogger.com,1999:blog-3035946418133023170.post-81549844953517609732010-06-01T00:34:00.000+08:002010-06-01T00:34:17.563+08:00

2010 Year to date (YTD) Return Portfolio -4.90% Equity(Include Funds)  -3.93% Direct Shareholding -2.59% Dividend/Coupon/Interest received for 2010 $64,699 Absolute Return Since Nov 2007 Portfolio -0.78% Equity(Include Funds) 12.28% Direct shareholding12.80% 1) A market with very conflicting views. Positive economic data globally coupled with negative news about European Debt

Wealth Journeyhttp://www.blogger.com/profile/11915861361512508441noreply@blogger.com0tag:blogger.com,1999:blog-3035946418133023170.post-80261349344165284482010-05-25T16:02:00.003+08:002010-05-25T16:43:16.123+08:00

Image via WikipediaRisk aversion is high and sentiments bearish. Markets are pricing in the risk of contagion in europe as Spain just saved a local bank. War creates more fear as tensions are arising in North/South Korea and Iran/Israel with US military increasing their prescene in both region.  One of the ETF to consider for portfolio hedging in times of volatility is VXX (the short-term

Wealth Journeyhttp://www.blogger.com/profile/11915861361512508441noreply@blogger.com0tag:blogger.com,1999:blog-3035946418133023170.post-2210404768790209492010-05-07T16:23:00.000+08:002010-05-07T16:23:27.684+08:00

How a market crashes | Analysis & Opinion | How a market crashes May 6, 2010 16:30 EDT How can the market go, on a random Thursday afternoon, completely insane? The story which is emerging centers on old, boring Procter & Gamble, as can be seen in the PG chart from this afternoon. pgtips.tiff Look at the volume chart: what you see here is a big block of shares trading in P&G at around 2:30,

Wealth Journeyhttp://www.blogger.com/profile/11915861361512508441noreply@blogger.com0tag:blogger.com,1999:blog-3035946418133023170.post-87936483109414829902010-05-02T12:01:00.000+08:002010-05-02T12:01:41.437+08:00

2010 Year to date (YTD) Return Portfolio 3.95% Equity(Include Funds)  4.29% Direct Shareholding 7.42% Dividend/Coupon/Interest received for 2010 $42,981 Absolute Return Since Nov 2007 Portfolio 9.04% Equity(Include Funds) 20.31% Direct shareholding22.43% 1) Fear in the market once more. The Greece issue have brought up fear of a contagion on sovereign debts. Defaults are not

Wealth Journeyhttp://www.blogger.com/profile/11915861361512508441noreply@blogger.com0tag:blogger.com,1999:blog-3035946418133023170.post-15249369611282370652010-04-06T16:52:00.003+08:002010-04-06T17:04:05.012+08:00

2010 Year to date (YTD) Return Portfolio 5.08% Equity(Include Funds)  4.64% Direct Shareholding 8.20% Dividend/Coupon/Interest received for 2010 $30,894 Absolute Return Since Nov 2007 Portfolio 10.15% Equity(Include Funds) 19.88% Direct shareholding23.31% 1) You start seeing monetary tightening by governments thru' interest rate movements. This is nothing to be afraid of as this

Wealth Journeyhttp://www.blogger.com/profile/11915861361512508441noreply@blogger.com3tag:blogger.com,1999:blog-3035946418133023170.post-86930329383180651572010-03-03T22:04:00.000+08:002010-03-03T22:04:24.376+08:00

2010 Year to date (YTD) Return Portfolio 0.31% Equity(Include Funds)  -0.47% Direct Shareholding 2.08% Dividend/Coupon/Interest received for 2010 $15,077 Absolute Return Since Nov 2007 Portfolio 5.28% Equity(Include Funds) 13.90% Direct shareholding16.18%

Wealth Journeyhttp://www.blogger.com/profile/11915861361512508441noreply@blogger.com2tag:blogger.com,1999:blog-3035946418133023170.post-36619086546043342010-02-07T16:07:00.001+08:002010-02-08T01:00:08.871+08:00

2010 Year to date (YTD) Return Portfolio -3.03% Equity(Include Funds)  -4.48% Direct Shareholding -2.88% Dividend/Coupon/Interest received for 2010 $2,584 Absolute Return Since Nov 2007 Portfolio 2.27% Equity(Include Funds) 9.19% Direct shareholding10.38% 1) Add on to my existing positions in some companies by recycling the capital recovered from selling my funds. From what i

Wealth Journeyhttp://www.blogger.com/profile/11915861361512508441noreply@blogger.com0tag:blogger.com,1999:blog-3035946418133023170.post-53676311908800737792010-01-21T16:01:00.000+08:002010-01-21T16:01:27.060+08:00

My experience with hedge funds and managed account:- 1) underperformed in bull market and outperformed in bear market RELATIVELY (not Absolute returns). 2) redemption typically takes 3-6mths to complete and is subject to their terms. In 2008, 3 of the hedge funds I have freezed their redemption and you can't take your money out even if you know the fund is going to blow up on you. 3) I got one

Wealth Journeyhttp://www.blogger.com/profile/11915861361512508441noreply@blogger.com0tag:blogger.com,1999:blog-3035946418133023170.post-38586250865082330622010-01-07T20:00:00.000+08:002010-01-07T20:00:43.776+08:00

2009 Year to date (YTD) Return Portfolio 19.86% Equity(Include Funds)  37.72% Direct Shareholding 51.94% Dividend/Coupon/Interest received for 2009 $120,761 Absolute Return Since Nov 2007 Portfolio 8.20% Equity(Include Funds) 16.04% Direct shareholding 20.18% 1) I made a mistake in calculating the YTD returns for the equity & direct shareholding. I forgot to

Wealth Journeyhttp://www.blogger.com/profile/11915861361512508441noreply@blogger.com0tag:blogger.com,1999:blog-3035946418133023170.post-75470997433205573082009-12-18T01:34:00.002+08:002009-12-18T01:34:56.068+08:00

From what I gathered .. 1) The share issue will mean index ETF need to buy C to reweight it correctly in the index - (So means selling will be supported hopefully) 2) The book value(if you trust the numbers) before the share issue was around $4+. So, after the X% dilution, you just deduct accordingly (assuming no change in book value). Probably around the share issue price of $3.+ after dilution

Wealth Journeyhttp://www.blogger.com/profile/11915861361512508441noreply@blogger.com5tag:blogger.com,1999:blog-3035946418133023170.post-33530976281239825812009-12-10T16:10:00.001+08:002009-12-10T16:10:41.735+08:00

"Another fallacy - Exit when you make an 'above-average' profit ie 50% gain in 3 months." Yes, I choose to let my profits run and cut my losses using trailing cut loss of 25% (but very troublesome, have to update my excel sheet daily with the highest closing price since i purchase the stock).. A bit wide but it will not force me out easily with whiplash on the stock prices (When i feel the biz

Wealth Journeyhttp://www.blogger.com/profile/11915861361512508441noreply@blogger.com2tag:blogger.com,1999:blog-3035946418133023170.post-91942258480245766782009-12-09T14:17:00.002+08:002009-12-09T14:17:54.950+08:00

Business Times - 09 Dec 2009 Exposing fallacies in investment That's the mission of Boston University professor Zvi Bodie, who is enraged at financial advisers' 'misinformation', reports GENEVIEVE CUA A US-BASED professor yesterday slammed the financial industry for perpetuating investment 'fallacies' that do little to educate retail investors about risk and return. These fallacies include

Wealth Journeyhttp://www.blogger.com/profile/11915861361512508441noreply@blogger.com1tag:blogger.com,1999:blog-3035946418133023170.post-54684895435013426262009-12-05T18:34:00.002+08:002009-12-05T18:35:29.192+08:00

The most important thing when starting out is to know your investment temperament(trader or investor) and lay out your Investment Policy. This is my initial draft investment policy if you are interested to peruse, but you could always find a lot of suggestions from books of proven gurus. http://docs.google.com/fileview?id=0B6Um2mxsWCQRMmRmMWIxNGQtOWU4ZC00ZGY2LTlhNjQtYmRjZmNmM2UyYmIw&hl=en As

Wealth Journeyhttp://www.blogger.com/profile/11915861361512508441noreply@blogger.com5tag:blogger.com,1999:blog-3035946418133023170.post-45723444841157932972009-12-04T18:42:00.003+08:002009-12-04T20:26:16.277+08:00

2009 Year to date (YTD) Return Portfolio 19.40% Equity(Include Funds)  82.59% Direct Shareholding 169.53% Dividend/Coupon/Interest received for 2009 $96,103 Cumulative Return Since Nov 2007 Portfolio 5.26% Equity(Include Funds) 14.36% Direct shareholding 19.89%

Wealth Journeyhttp://www.blogger.com/profile/11915861361512508441noreply@blogger.com0tag:blogger.com,1999:blog-3035946418133023170.post-90915788443856848022009-11-30T14:56:00.002+08:002009-11-30T14:56:43.784+08:00

Taken off SCMP.COM Quiet achiever Noble builds global footprint with stellar growth rate Howard Winn Noble Group founder and chief executive Richard Elman is determined to double the size of the company every five years. Noble Group is the largest Hong Kong company in terms of revenue, but it is probably better known in Brazil or Argentina, where it has large agriculture operations. Its

Wealth Journeyhttp://www.blogger.com/profile/11915861361512508441noreply@blogger.com0tag:blogger.com,1999:blog-3035946418133023170.post-78374925929796554082009-11-27T16:42:00.005+08:002009-11-27T16:57:58.883+08:00

Honestly Speaking - Speak Your Mind About Investing Have you guys watched the commercial on TV lately.. with the people in there dunno fretting about what.. machiam like die father die mother look like that.. Here's what I created to lighten up the mood .. haha.. look out Marvel Comics! oH.. you should head over to view the comic gallery.. there are a lot more that is 10x funnier than

Wealth Journeyhttp://www.blogger.com/profile/11915861361512508441noreply@blogger.com0tag:blogger.com,1999:blog-3035946418133023170.post-69796951762437766632009-11-04T17:06:00.000+08:002009-11-04T17:06:20.513+08:00

Warrent Buffett does the splits for Berkshire Hathaway Berkshire Hathaway Inc.'s planned 50- for-1 stock split will put its Class B shares within reach of investors Warren Buffett once called an ``inferior'' class. The proposed split, announced today as part of Berkshire's takeover of Burlington Northern Santa Fe Corp., would push the price of each Class B share to $US66.51 from $US3,325.35,

Wealth Journeyhttp://www.blogger.com/profile/11915861361512508441noreply@blogger.com0tag:blogger.com,1999:blog-3035946418133023170.post-12593389433587462912009-11-01T19:07:00.001+08:002009-11-01T20:53:39.172+08:00

2009 Year to date (YTD) Return Portfolio 16.66% Equity(Include Funds)  76.16% Direct Shareholding 160.25% Dividend/Coupon/Interest received for 2009 $87,599 Cumulative Return Since Nov 2007 Portfolio 2.30% Equity(Include Funds) 10.33% Direct shareholding 15.76% 1) Big fluctuations in market value for this month but ended up more or less at where I left off in

Wealth Journeyhttp://www.blogger.com/profile/11915861361512508441noreply@blogger.com0tag:blogger.com,1999:blog-3035946418133023170.post-72288967110921124602009-10-27T09:45:00.000+08:002009-10-27T09:45:05.180+08:00

曹仁超：未来三个月下调幅度可能在2500-2700点_财经_凤凰网 四十年投资智慧融为两本书 曹SIR做投资四十年，从5000港币起家，赚到2亿的财富，出版的《论势——曹仁超创富启示录》《论战——曹仁超创富战国策》两书，是一生投资智慧的总结，有缘者将会从中掘得黄金。《论势》是投资哲学，讲进出时机，《论战》是投资策略，讲如何实战以及管理资金。 《论势》归结为一句话就是“有智慧不如趁势”，也叫“趁势创富”。这里的“势”不局限于股市或商品市场，外延更广，包括世界大势、宏观大势、产业大势、股市大势和大众情绪，在大势分析正确的基础上，不仅可以投资股票，还能投资地产、黄金和大宗商品。 《论战》才是真正上战场实战，是战略的执行。曹SIR操作的经验之谈总结为几句话：止蚀不止赚、沟上不沟落(买涨不买跌)、宁买当头起、莫买当头跌。记者林兰 曹仁超，上海富商之后，孩童时期家道中落，40年投资生涯，将

Wealth Journeyhttp://www.blogger.com/profile/11915861361512508441noreply@blogger.com0tag:blogger.com,1999:blog-3035946418133023170.post-42713338389672494642009-10-27T09:08:00.000+08:002009-10-27T09:08:37.759+08:00

曹仁超：未来三个月下调幅度可能在2500-2700点_财经_凤凰网 曹仁超将5000元变为2亿的“股神” A股慢牛将重回6000点 投资者最关心A股市场走势，曹SIR的看法是什么呢？曹SIR认为，A股从2008年11月开始进入新一轮牛市，本轮牛市将持续7年。2008年11月到2009年7月是牛市的第一阶段，2009年四季度有可能出现C浪下跌，但跌幅不会太大，未来三个月，下调幅度可能在2500-2700点。这同时也是建仓的机会。2010年A股进入牛市第二阶段，出现“慢牛”机会极大，牛市第二阶段上涨不会低于9个月，甚至达到两年。在慢牛阶段，A股会反复上升，但上升速度没有今年这么快，也不是普涨，有些板块涨，有些会跌。根据香港经验，牛市二期会持续两年半到三年，2010—2012年都会是牛市二期。牛二结束后，会进入牛市第三期。“我看好内地股市的长期趋势，日出东方、日落西方，在未来三到四年，

Wealth Journeyhttp://www.blogger.com/profile/11915861361512508441noreply@blogger.com0tag:blogger.com,1999:blog-3035946418133023170.post-70494477966012433692009-10-24T14:23:00.001+08:002009-10-24T14:23:32.508+08:00

Look out for something along the line of this phrase in How to Get Rich Courses. "To qualify to invest in investments of the rich, you need to have at the least the nett worth of $1million. Find out how you can invest with the rich even if you do not have it in this event." Out of boredom, I attend these seminars and I can tell you the modus operandi and I am still amazed that there are so

Wealth Journeyhttp://www.blogger.com/profile/11915861361512508441noreply@blogger.com0tag:blogger.com,1999:blog-3035946418133023170.post-17474335564298272532009-10-21T23:07:00.000+08:002009-10-21T23:07:48.356+08:00

Anthony Bolton: this bull market is not over - Telegraph "The bargain phase is over. But despite the fact the market is well off lows, we expect the bull market to go on. It's a multiyear bull market," Bolton said in Seoul on a trip to mentor young Fidelity portfolio managers in Asia. Bolton is president for investments at Fidelity International, an affiliate of Boston-based Fidelity

Wealth Journeyhttp://www.blogger.com/profile/11915861361512508441noreply@blogger.com0tag:blogger.com,1999:blog-3035946418133023170.post-70979622009946542192009-10-12T18:31:00.000+08:002009-10-12T18:31:56.872+08:00

Don't Get Hit by Crash at Finish Line - WSJ.com In his classic book "The Intelligent Investor," Benjamin Graham -- Mr. Buffett's mentor -- advised splitting your money equally between stocks and bonds. Graham added that your stock proportion should never go below 25% (when you think stocks are expensive and bonds are cheap) or above 75% (when stocks seem cheap). The belief that extending your

Wealth Journeyhttp://www.blogger.com/profile/11915861361512508441noreply@blogger.com0tag:blogger.com,1999:blog-3035946418133023170.post-16291535161600283592009-10-11T13:25:00.002+08:002009-10-11T13:30:43.088+08:00

Here's the link to the article by Warren Buffett suggesting there is value in Value investing after all -> http://www.gurufocus.net/guruek/thesuperinvestors.pdf If you have not read it before, please do it! It is good for you! :) If you have read it already, please read again! It is good for you! :) My list of gurus I read for my own investment knowledge. 1) Bruce Berkowitz 2) Seth Klarman 3)

Wealth Journeyhttp://www.blogger.com/profile/11915861361512508441noreply@blogger.com0tag:blogger.com,1999:blog-3035946418133023170.post-63661653994387275522009-10-07T15:05:00.006+08:002009-10-07T15:09:38.487+08:00

An art sculpture by Chinese artist Chen Wenling. It is titled "How to Escape" and depicts a Bull that ensured disgraced Wall Street Financier Bernie Madoff won't be going anywhere soon.

Wealth Journeyhttp://www.blogger.com/profile/11915861361512508441noreply@blogger.com0tag:blogger.com,1999:blog-3035946418133023170.post-65113883543125055172009-10-01T16:14:00.013+08:002009-10-13T15:21:31.332+08:00

2009 Year to date (YTD) Return Portfolio 17.25% Equity(Include Funds)  72.09% Direct Shareholding 162.14% Dividend/Coupon/Interest received for 2009 $82,217 Cumulative Return Since Nov 2007 Portfolio 2.74% Equity(Include Funds) 7.78% Direct shareholding 16.6% 1) Added more australian companies to my portfolio as there are still quite a few good names that are

Wealth Journeyhttp://www.blogger.com/profile/11915861361512508441noreply@blogger.com1tag:blogger.com,1999:blog-3035946418133023170.post-733452736981562522009-09-29T19:36:00.001+08:002009-09-29T19:37:36.901+08:00

Greg Fraser, analyst, Fat Prophets Perversely, the government's ultimatum to Telstra to physically untangle its network from its retail business provides a smidgin of certainty. Shareholders now know they will own two companies after Telstra complies with the minister's decree. The first will be a network company. It will have about nine million residential and business customers, plus a clutch

Wealth Journeyhttp://www.blogger.com/profile/11915861361512508441noreply@blogger.com0tag:blogger.com,1999:blog-3035946418133023170.post-63770279640541893522009-09-23T22:08:00.001+08:002009-09-23T22:10:08.425+08:00

Wealth Journeyhttp://www.blogger.com/profile/11915861361512508441noreply@blogger.com0tag:blogger.com,1999:blog-3035946418133023170.post-77548411604140034462009-09-23T19:56:00.004+08:002009-09-23T20:06:30.709+08:00

According to the report in SCMP, I kinda struck IPO Lottery! :) Only 6% of IPO subscriber for SinoPharm got their shares, albeit at the minimum 400 shares at hkd$16. You cannot imagine how miserable 400shares was since I actually had put in a bid for HKD$3million worth of shares but got allocated 400 shares. SinoPharm was active today on HK exchange and I sold my 400 shares for some

Wealth Journeyhttp://www.blogger.com/profile/11915861361512508441noreply@blogger.com0tag:blogger.com,1999:blog-3035946418133023170.post-77875626511516922932009-09-08T01:49:00.000+08:002009-09-08T01:50:40.696+08:00

A tribute to Michael Jackson. Very entertaining!

Wealth Journeyhttp://www.blogger.com/profile/11915861361512508441noreply@blogger.com0tag:blogger.com,1999:blog-3035946418133023170.post-65248658718391418872009-08-31T21:00:00.012+08:002009-09-02T23:18:54.188+08:00

Portfolio Cumulative Return since 2007 : -0.06%Equity Cumulative Return since 2007 : +3.47%Dividend/Coupon/Interest received for 2009 : SGD$64,061P/S :1) Bought into SHK Corporate Arbitrage Fund with John paulson as underlying Fund manager.2) Tendered SPC shares for a total gain of 90%.3) Renewed Aud deposit for 3 months at 3.05%.4) Sell out of Cathay Pacific Bond

Wealth Journeyhttp://www.blogger.com/profile/11915861361512508441noreply@blogger.com3tag:blogger.com,1999:blog-3035946418133023170.post-13404020191692482442009-08-28T16:59:00.004+08:002009-08-28T17:08:07.654+08:00

This was taken off Paulson's 2008 Annual Report for his shareholders. Specifically, he has launched a Recovery Fund late 2008 and has cited Citi as an example of a recovery play he might be keen on. I believe he was also an active buyer of Bank of America.Extracted from the key introduction of the Recovery Fund :-

Wealth Journeyhttp://www.blogger.com/profile/11915861361512508441noreply@blogger.com0tag:blogger.com,1999:blog-3035946418133023170.post-30919204869322045572009-08-23T13:04:00.009+08:002009-08-23T13:42:10.806+08:00

I read with amusement on the above question posted by the Foodie Connection reporter, to a 50+yr old restaurant owner in the Sunday Times.To which the owner responded "I don't think about those things", obviously kinda perturbed by such a morbid question.Wouldn't it have been better rephrasing it in a more 'fantasy' way like "If there was only 1 food left on earth, what food would you like to

Wealth Journeyhttp://www.blogger.com/profile/11915861361512508441noreply@blogger.com2tag:blogger.com,1999:blog-3035946418133023170.post-60777747624814333322009-08-22T16:02:00.008+08:002009-08-23T23:32:19.850+08:00

One of my holdings is HK listed GuocoGroup. While many singaporeans would be familiar with the Singapore listed GuocoLeisure and GuocoLand, GuocoGroup is the one you want to be holding. Here's why I think GuocoGroup is a good buy.Company SummaryGuoco Group Limited ("Guoco") (Stock Code: 53), listed on The Stock Exchange of Hong Kong Limited, is an investment holding and investment management

Wealth Journeyhttp://www.blogger.com/profile/11915861361512508441noreply@blogger.com0tag:blogger.com,1999:blog-3035946418133023170.post-50937588313110596642009-08-07T22:28:00.013+08:002009-10-15T13:38:08.261+08:00

Portfolio Cumulative Return since 2007 : -1.33% Equity Cumulative Return since 2007 : -0.5% Dividend/Coupon/Interest received for 2009 : SGD$50,000

Wealth Journeyhttp://www.blogger.com/profile/11915861361512508441noreply@blogger.com0tag:blogger.com,1999:blog-3035946418133023170.post-16265318767629514182009-08-06T16:25:00.003+08:002009-08-22T17:17:58.584+08:00

Wealth Journeyhttp://www.blogger.com/profile/11915861361512508441noreply@blogger.com0tag:blogger.com,1999:blog-3035946418133023170.post-27133062549113877002009-07-11T13:46:00.000+08:002009-07-11T13:47:03.389+08:00

Van Ness’ Blog | HypebeastNow.. this is what I call OBSCENELY RICH. Look at the number plates on the fast cars.. All are with "288" = Same Owner! GOSH!

Wealth Journeyhttp://www.blogger.com/profile/11915861361512508441noreply@blogger.com0tag:blogger.com,1999:blog-3035946418133023170.post-13110269174514896812009-07-06T15:12:00.003+08:002009-07-06T15:15:41.043+08:00

I believe this is the Visa Card guy who keeps dancing happily across countries with that catchy tune. However, this one is those that I've not seen before and it sure does brings a smile to me knowing how we are so different yet so similar. Enjoy!

Wealth Journeyhttp://www.blogger.com/profile/11915861361512508441noreply@blogger.com0tag:blogger.com,1999:blog-3035946418133023170.post-81086957629172045542009-07-01T00:54:00.006+08:002009-10-15T13:37:47.353+08:00

Cumulative Return since 2007 : -6.7% Dividend/Coupon/Interest received for 2009 : $43,995 P/S : Choppy markets worldwide. Will conserve my cash and await the correction?

Wealth Journeyhttp://www.blogger.com/profile/11915861361512508441noreply@blogger.com0tag:blogger.com,1999:blog-3035946418133023170.post-90657398293574346652009-06-30T00:36:00.005+08:002009-06-30T02:58:24.815+08:00

http://vhead.blog.sina.com.cn/player/outer_player.swf?auto=0&vid=10254745&uid=1319156057This guy created a whole fortune in excess of HKD$100 Million thru' investing with only less than HKD$100 Thousand. We can learn a lot from this guy and he is very humourous too. I especially like his comments on taking analysts' views too seriously. He mentioned that to be successful, you learn from those who

Wealth Journeyhttp://www.blogger.com/profile/11915861361512508441noreply@blogger.com0tag:blogger.com,1999:blog-3035946418133023170.post-75271627927603065002009-06-29T22:00:00.002+08:002009-06-29T22:02:07.989+08:00

中国10大女富豪：长安俱乐部陈丽华居首(组图)_财经_凤凰网中国10大女富豪：长安俱乐部陈丽华居首\(组图\) 3、刘迎霞：财富5亿元，年龄30岁，出生地哈尔滨，教育背景硕士，主要公司黑龙江翔鹰集团，首次证券市场融资未上市，主要行业建筑、装饰、水利、筑路。 点评：30岁就成了女富婆，还那么年轻漂亮！谁说女人读到了硕士和博士就有点傻了，刘迎霞可是典型的“知识创造财富”。但是年轻多金，学历有那么高，不知道那个男人能配得上她。祝她婚姻幸福美满！3、刘迎霞：财富5亿元，年龄30岁，出生地哈尔滨，教育背景硕士，主要公司黑龙江翔鹰集团，首次证券市场融资未上市，主要行业建筑、装饰、水利、筑路。点评：30岁就成了女富婆，还那么年轻漂亮！谁说女人读到了硕士和博士就有点傻了，刘迎霞可是典型的“知识创造财富”。但是年轻多金，学历有那么高，不知道那个男人能配得上她。祝她婚姻幸福美满！____________

Wealth Journeyhttp://www.blogger.com/profile/11915861361512508441noreply@blogger.com0tag:blogger.com,1999:blog-3035946418133023170.post-25009101153080680322009-06-28T20:05:00.002+08:002009-06-28T21:05:34.601+08:00

Depending on your capital, you might want to consider treating physical property as an alternative to bonds instead.I am of the view that bonds if bought under par will give you upside limited to the discount you bought it at, unless interest rate continues dropping which is unlikely.However, properties bought below par or even at par can have unlimited appreciation and can be held for the long

Wealth Journeyhttp://www.blogger.com/profile/11915861361512508441noreply@blogger.com0tag:blogger.com,1999:blog-3035946418133023170.post-9715854851843137192009-05-30T17:45:00.005+08:002009-10-15T13:39:06.076+08:00

Cumulative Return since 2007 : -8% Dividend/Coupon/Interest received for 2009 : $33,222 P/S : For taking advantage of possible inflation and USD Downtrend, I have started taking positions in physical Gold. Gold should be well supported as China have also been increasing their gold reserves in their National Reserve. It will not be a long-term position and I intend to dispose of Gold if the

Wealth Journeyhttp://www.blogger.com/profile/11915861361512508441noreply@blogger.com1tag:blogger.com,1999:blog-3035946418133023170.post-28447214370762453412009-05-25T08:33:00.000+08:002009-05-25T08:34:04.672+08:00

David Fuller (Fullermoney): Substantiating bullish bias for equities “I have described conditions as being more bullish than bearish for a number of months. However such claims need to be substantiated by technical (market) evidence, which is best monitored every day. “I will review the process, discussed at length in Fullermoney, in what can be a template for subscribers, not only for today’s

Wealth Journeyhttp://www.blogger.com/profile/11915861361512508441noreply@blogger.com0tag:blogger.com,1999:blog-3035946418133023170.post-40281896339081864742009-05-25T08:32:00.001+08:002009-05-25T08:32:43.386+08:00

Financial Times: Declining Libor “As a barometer of the financial crisis, it’s been hard to beat Libor, the London interbank offered rate for borrowing short-term funds in the banking system. “On Wednesday, dollar Libor for the benchmark three-month sector set at 0.71625 per cent, extending its run of declines for 36 straight days. A comparison of Libor with the Fed funds rate shows that the gap

Wealth Journeyhttp://www.blogger.com/profile/11915861361512508441noreply@blogger.com0tag:blogger.com,1999:blog-3035946418133023170.post-62959411253144779202009-05-21T11:15:00.001+08:002009-05-21T11:15:54.182+08:00

Don't Believe in Buy and HoldThe buy and hold devotees say you can't time the market, and if you aren't in all the time, you risk missing much of the gain. A Spanish research firm found that if you removed the 10 best days for the Dow Jones industrial average in the 1900-2008 years, two-thirds of the cumulative gains were lost. But if you missed the 10 worst days, it found, the actual

Wealth Journeyhttp://www.blogger.com/profile/11915861361512508441noreply@blogger.com0tag:blogger.com,1999:blog-3035946418133023170.post-29470914230122825222009-05-19T19:13:00.003+08:002009-05-19T19:30:21.090+08:00

If you were to invest $100,000 in 2004 and the next 4 years (end 2007), you achieve a gain of 25% annually with all money re-invested. How much would you made?end of 2004 - $125kend of 2005 - $156kend of 2006 - $195kend of 2007 - $244kIf in year 2008, you lose 60% of your gains, how much would you have made?END OF 2008 - $97K left (a loss of $3k after holding for 5 years)If instead of holding

Wealth Journeyhttp://www.blogger.com/profile/11915861361512508441noreply@blogger.com0tag:blogger.com,1999:blog-3035946418133023170.post-66271663430479929002009-05-14T00:41:00.003+08:002009-10-15T13:39:26.638+08:00

Cumulative Return since Inception: -9.78% Dividend/Coupon/Interest received YTD : $20,400 P/S: Despite the market run up, I have allocated more into equities for the month of April. Going forward, I expect to be putting more cash to work whenever a correction happens (like what is happening today). Individual stocks are from Hong Kong, Singapore and Australia. ETFs are from US, Europe, Hong

Wealth Journeyhttp://www.blogger.com/profile/11915861361512508441noreply@blogger.com0tag:blogger.com,1999:blog-3035946418133023170.post-24249135539122304912009-05-12T10:56:00.000+08:002009-05-12T10:57:32.774+08:00

In a small town on the South Coast of France, the holiday season is in full swing, but it is raining so there is not too much business taking place. Everyone is heavily in debt. Luckily, a rich Russian tourist arrives in the foyer of the small local hotel. He asks for a room and puts a Euro100 note on the reception counter, takes a key and goes to inspect the room located up the stairs on the

Wealth Journeyhttp://www.blogger.com/profile/11915861361512508441noreply@blogger.com1tag:blogger.com,1999:blog-3035946418133023170.post-22525818087707635212009-04-28T17:02:00.002+08:002009-04-28T17:02:49.031+08:00

http://maps.google.com/maps/ms?hl=en&ie=UTF8&msa=0&msid=106484775090296685271.0004681a37b713f6b5950&ll=47.100045,9.316406&spn=34.792294,79.101563&t=h&z=4Interesting application of google map to track swine flu outbreak.

Wealth Journeyhttp://www.blogger.com/profile/11915861361512508441noreply@blogger.com0tag:blogger.com,1999:blog-3035946418133023170.post-9643008897996920362009-04-22T20:28:00.000+08:002009-04-22T20:29:36.945+08:00

Wealth Journeyhttp://www.blogger.com/profile/11915861361512508441noreply@blogger.com0tag:blogger.com,1999:blog-3035946418133023170.post-48550616663610934622009-04-11T16:21:00.013+08:002009-04-26T12:32:54.991+08:00

Cumulative Return since Inception: -12.80%Dividend/Coupon YTD : $8,000P/S: I have included a new row to track my passive income as I have been in Cash for most of last year. I hope to increase the passive income this year significantly as I allocate out of cash into the portfolio. Hopefully, it will get back to the 6 figure passive income I expected.I have also changed my Return to track from

Wealth Journeyhttp://www.blogger.com/profile/11915861361512508441noreply@blogger.com0tag:blogger.com,1999:blog-3035946418133023170.post-23803594070048076382009-04-11T00:46:00.004+08:002009-04-26T11:27:42.474+08:00

For the $30k, I would buy the following :-$5k - HK Tracker Fund , 2800.HK$5K - iShares STI ETF$2.5k - SingPost$2.5k - SPH$2.5K - Boustead$2.5k - Rotary Engineering$2.5k - ComfortDelgro$2.5k - Wheelock$2.5k - NOL$2.5k - SAT SvcAverage Dividend Yield should be around 5%.Then, whenever you get the dividends, you decide where you want to average down/up or diversify into other ETFs. 'coz your amount

Wealth Journeyhttp://www.blogger.com/profile/11915861361512508441noreply@blogger.com2tag:blogger.com,1999:blog-3035946418133023170.post-23149530686581459982009-04-08T15:21:00.001+08:002009-04-08T15:21:57.526+08:00

Soros Says Fed in a Bind Beware Stagflation Bursting of Bond Bubble: Tech Ticker, Yahoo! FinanceAfter the financial market collapsed last fall, the Fed responded with a massive injection of liquidity and expansion of the monetary base.Eventually, Ben Bernanke & Co. will face the challenge of having to remove that liquidity from the system. "That's a big and difficult task and probably the

Wealth Journeyhttp://www.blogger.com/profile/11915861361512508441noreply@blogger.com0tag:blogger.com,1999:blog-3035946418133023170.post-20320852890337897252009-04-07T21:32:00.001+08:002009-04-07T21:32:33.463+08:00

The Perfect BusinessAH PERFECTION: Strange, but the most popular, the most widely-requested, and the most widely quoted piece I've ever written was not about the stock market -- it was about business, and specifically about what I call the theoretical "ideal business." I first published this piece in the early-1970s. I repeated it in Letter 881 and then again in Letter 982. I've added a few

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Rich Man, Poor ManRULE 3: RICH MAN, POOR MAN: In the investment world the wealthy investor has one major advantage over the little guy, the stock market amateur and the neophyte trader. The advantage that the wealthy investor enjoys is that HE DOESN'T NEED THE MARKETS. I can't begin to tell you what a difference that makes, both in one's mental attitude and in the way one actually handles one's

Wealth Journeyhttp://www.blogger.com/profile/11915861361512508441noreply@blogger.com0tag:blogger.com,1999:blog-3035946418133023170.post-31616838681780070022009-04-06T16:06:00.000+08:002009-04-06T16:07:10.505+08:00

I watch a Taiwanese show on Cable last night and following is a recap :-1) A head of institutional fund said stock market typically follow a pattern yearly :- i) Feb-March - Consolidation ii) Apr - May - Rally iii) June - Increased Volume but sideway market iv) July - Aug - Correction v) Sept - Rally All the way till Jan.2) They attribute the current Taiwan Market rally to the

Wealth Journeyhttp://www.blogger.com/profile/11915861361512508441noreply@blogger.com0tag:blogger.com,1999:blog-3035946418133023170.post-40648943918681676902009-04-03T14:16:00.001+08:002009-04-03T14:16:20.064+08:00

I got this quote below from Howard Marks of OakTree Capital :-"In my opinion, there are two key concepts that investors must master: Value and Cycles. For each asset you're considering, you must have a strongly held view of its intrinsic value. When its price is below that value, it's generally a buy. When it's price is higher, it's a sell. In a nutshell, that's value investing.But values aren't

Wealth Journeyhttp://www.blogger.com/profile/11915861361512508441noreply@blogger.com0tag:blogger.com,1999:blog-3035946418133023170.post-76307529240049424422009-03-31T17:37:00.000+08:002009-03-31T17:38:08.963+08:00

Maybe I am wrong but for the qualitative measures like management ...and the business model.I prefer to assume that a blue chip has the management quality and business model to sustain (the very reason it became a blue chip was its management ability to create a business model that is competitive in their respective sector). I do know their business model but not in the details. I believe capable

Wealth Journeyhttp://www.blogger.com/profile/11915861361512508441noreply@blogger.com0tag:blogger.com,1999:blog-3035946418133023170.post-22127278795767278662009-03-31T15:03:00.001+08:002009-03-31T15:03:59.399+08:00

A lot of global blue chips (not financials) are turning up in my screen that fits my criteria of, even after normalising earnings & FCF with an appropriate capitalisation rate :-1) EV/FCF of 10%.2) P/B under 13) P/S ratio under 0.74) Discounted FCF with MOS of 20% at least.6) Dividend Yield of > 5%7) Strong B/SCase in point, Arcelor-Mittal... Something is wrong somewhere.. maybe I missed it...

Wealth Journeyhttp://www.blogger.com/profile/11915861361512508441noreply@blogger.com0tag:blogger.com,1999:blog-3035946418133023170.post-29553151323664762602009-03-31T14:54:00.002+08:002009-03-31T14:56:49.693+08:00

My views on analyzing the B/S, P&L and Cash Flow Statement:1. On the B/S. A B/S that is well-structured or well-proportioned supporting the underlying business and its further growth, is certainly superior to a B/S with a big overall size and/or big key B/S items. It is also very important to verify that the asset items in a B/S are of sufficiently good-quality, and their values properly or

Wealth Journeyhttp://www.blogger.com/profile/11915861361512508441noreply@blogger.com0tag:blogger.com,1999:blog-3035946418133023170.post-83632071632529458052009-03-28T21:27:00.004+08:002009-03-29T21:26:40.642+08:00

Wow... The marketing is damn solid.Click on the Concert Tab under the link.http://www3.mercedes-benz.com/mbcom_v4/xx/e-class/en.htmlA voice recording done inside the car while it is being driven.As for the car, it does not look nice.. but does have a lot of new innovative features. Interesting... maybe have to go and take a look at the real one when it arrives.My favourite in Mercedes lineup

Wealth Journeyhttp://www.blogger.com/profile/11915861361512508441noreply@blogger.com0tag:blogger.com,1999:blog-3035946418133023170.post-17976099737367340842009-03-16T18:41:00.001+08:002009-03-16T18:41:16.227+08:00

CANSLIM Trading Style Broken Down | Stock Trading To GoCAN SLIM is Investor Business Daily’s (IBD) acronym for the seven common characteristics all great performing stocks have before they make their biggest gains. My trading foundation is rooted in CAN SLIM although I use it differently than most beginners now that I have evolved into other styles and methods.CANSLIM Letter BreakdownLet’s start

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YTD Returns : -13.87%Sold off some equities funds to switch into the equivalent ETFs. The trend towards ETFs only bodes ill for most mutual funds.

Wealth Journeyhttp://www.blogger.com/profile/11915861361512508441noreply@blogger.com0tag:blogger.com,1999:blog-3035946418133023170.post-47637273830290475752009-03-15T18:23:00.001+08:002009-03-15T18:23:48.469+08:00

March 2007Written on 06-03-2007 9:27 am by CraigHow to Identify a Change in Trend - Easy as 1-2-3In the book Trader Vic - Methods of a Wall Street Master, Victor Sperandeo mentions three rules for correctly identifying a change in trend. Here they are as follows:Step One: The Trend Line BreakThe first thing that you want to look for is a trend line break on a correctly drawn trend line. The trend

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Stock Chart Volume | How Traders Use Volume on a Stock ChartStock Chart VolumeHow to interpret volume on a chartStock chart volume is probably the most misunderstood of all technical indicators used by swing traders.There is only a couple of times when it is actually even useful and if you get right down to it, you really could trade any stock without even looking at it. But, I’m getting ahead of

Wealth Journeyhttp://www.blogger.com/profile/11915861361512508441noreply@blogger.com2tag:blogger.com,1999:blog-3035946418133023170.post-82881635655127668582009-03-10T20:07:00.001+08:002009-03-10T20:07:42.192+08:00

Investing in bad timesRE: Investing in bad timeswilliamlim Wrote:Care to give advice on how you used hedgeing in your portfolio. Would the hedge amount be equivalaent to the total value of your long only portfolio or is it only up till the amount you think the loss in your long-only portfolio would be?You have to shift your focus and view first. You hedge by going short when the market is

Wealth Journeyhttp://www.blogger.com/profile/11915861361512508441noreply@blogger.com0tag:blogger.com,1999:blog-3035946418133023170.post-53184021967065265382009-03-06T15:30:00.001+08:002009-03-06T15:30:16.256+08:00

Mid-Continent Tab Card Co. « Compounding MachinesDuring her presentation, Schroeder provided a fascinating case study of a private investment Buffett made in 1959 in a company called Mid-Continent Tab Card Company. At the risk of sounding technical, tab cards were something used in computers back in the day. At any rate, with over 50% profit margins, selling tab cards was IBM’s most profitable

Wealth Journeyhttp://www.blogger.com/profile/11915861361512508441noreply@blogger.com1tag:blogger.com,1999:blog-3035946418133023170.post-9560266607422856722009-03-03T14:12:00.003+08:002009-03-03T14:31:05.930+08:00

My approach to portfolio construction was decided on the premise that mine is a lump sum investment and future investment would only be thru' dividends/coupons. So, I need to make sure that no matter what I do, the capital will be intact in a way or another.A way to minimize the loss would be a 50% bonds, 50% stocks portfolio. The bonds portion could be make up of real bonds and property that is

Wealth Journeyhttp://www.blogger.com/profile/11915861361512508441noreply@blogger.com0tag:blogger.com,1999:blog-3035946418133023170.post-78561040830666678132009-02-26T18:18:00.001+08:002009-02-26T18:18:04.305+08:00

Talking Stocks « blog maverickOn the flipside, share buybacks are horrid for several reasons 1. It allows companies to manipulate earnings per share. Buy back enough stock, and you will hit your Wall Street expectations. 2. Companies will undertake risky cash management strategies to pay for the share buybacks. Since its one time, they can take greater risks 3. Companies will

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blog maverickI’m also looking at stocks in industries that I know very well that yield 6pct or more. Dividends that I think are safe in companies that I think are very strong. This wont be a big part of my portfolio. Just a tasting.Why ? Because there are some good companies, in good businesses where I think the dividend is safe, and 6pct , plust hopefully future dividend increases is a good

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