tag:blogger.com,1999:blog-7944902213075756335.post4157321755880086974..comments2024-03-28T23:00:40.055+08:00Comments on A Singaporean Stocks Investor (ASSI): Avoiding the memory effect.AK71http://www.blogger.com/profile/16832145412062954289noreply@blogger.comBlogger6125tag:blogger.com,1999:blog-7944902213075756335.post-40566075089866437772010-04-18T21:14:34.868+08:002010-04-18T21:14:34.868+08:00Hi Raelynn,
Your grandfather is a wise man. :)
A...Hi Raelynn,<br /><br />Your grandfather is a wise man. :)<br /><br />As for liquidating some of your investment if the price hits target, I do that too. It's hedging. In case it goes higher, at least you still have more to sell. If it goes lower, at least you have locked in some gains. :)<br /><br />If you trade online, I think the brokerage per transaction is less than $30. I guess your AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-79644081870309461062010-04-18T19:12:31.461+08:002010-04-18T19:12:31.461+08:00I agree... I think my grandfather says it best, &q...I agree... I think my grandfather says it best, "if you feel that it's a good stock, just buy some first. if the price falls, you can buy even more, if the price goes up, you can still buy and make some gain eventually through averaging".<br /><br />On a side note, I'm having this mental debate about selling my shares because the number of lots i have are very small (imagine theRaelynnnoreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-21736614227829145532010-04-18T14:14:53.200+08:002010-04-18T14:14:53.200+08:00Hi Anonymous,
Yes, even with the best FA and TA, ...Hi Anonymous,<br /><br />Yes, even with the best FA and TA, we need a good dose of luck on our side. Luck is something we have no control over, of course.<br /><br />I am not sure if I can make a wrong right. Haha.. If I am wrong, I'm wrong. Soldier on.<br /><br />However, I believe that as long as my investment decisions are based on sound FA and as long as I have bought at fair entry AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-3775057223816688592010-04-18T14:08:45.023+08:002010-04-18T14:08:45.023+08:00Hi DP,
I continue to believe that it is not in th...Hi DP,<br /><br />I continue to believe that it is not in the interest of the lenders to proceed with a foreclosure of YK Shintoku. With credit increasingly available, the re-financing of YK Shintoku is more probable than not and this is likely to be at an interest rate much lower than the current 7.07%. I will wait patiently for the good news. :)<br /><br />Upon the successful refinancing of YKAK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-14692642172212297862010-04-18T12:31:26.545+08:002010-04-18T12:31:26.545+08:00Hi there,
You always make a lot of sense esp when...Hi there,<br /><br />You always make a lot of sense esp when the market is so uncertain & we are looking for a direction. sometimes, there are no "right" or "wrong". sometimes it is just pure luck. sometimes having a focused mind & strategy like yours will make the wrong become right. cheers !Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-40866860761589480562010-04-18T11:41:26.182+08:002010-04-18T11:41:26.182+08:00hi AK,
In a few month's time, when the px is b...hi AK,<br />In a few month's time, when the px is beyond 20cts, I can imagine your friends lamenting, "If only i bought saizen at 17cts". People do not like to buy cheap. They like to buy when it is hot. And that could be when we dispose of these "hot potatos" that will eventually "burn" some careless investors. Like you, I have continued to add at 16.5 and 17ctsAnonymousnoreply@blogger.com