Originally posted by deathbait:worst example ever.
Anyway, the resolution of this matter lies in the function of the investor. If he's a long term investor buying into a company via shares because he believes in the future of the company, there is no difference in his role and that of a man who starts a business.
Andrew however is referring to the investor(or speculator) who buys shares with the intention of selling them for a profit. I find it highly amusing because Andrew has always flamed speculators. Anyway, speculators obviously hold no loyalty to the company and will dump shares high to buy back low.
Still, more than a few people have lost their shirt on such strategies based on market timing. Andrew, you're still living in HDB right?
Delusional idiot. So when are you carrying out your insane threats against me?
Originally posted by weewee:now is indeed a good time to buy shares. It is just my own opinion anyway.
There is no need to be in a hurry even though it is a good time. You can pick and choose and wait for a good price. That is what investment is all about. You get out when it is high (and the situation looks bad, like last year) and wait for it to come down. You only buy companies you can trust (blue chips) and you only trade the big economic cycles (in terms of years).
See this opinion piece (that liar Chin Eng calls it a letter to the press) I wrote for Today Newspaper.
http://www.casinogamblingprevention.com/Whosgoingtotakecreditforgamblersloss.pdf
sigh
dodge again.
It's an innocent question. Are you still living in a HDB? Do you own a car? How well off are you? Is your current networth indicative of an expert in the markets?
And for the last time. It's already been carried out. Things take time when they are real, not imaginary.
Originally posted by AndrewPKYap:I guess it is only fair that after warning people of the impending crash and now that the crash happened as predicted, I should also say that the time has come to start thinking of investing in the stock market.
Long term investment hor... and don't borrow money to buy.
DJ, STI are all below the level they were in Jan08, and US$ is at its historical low against all major currencies
it is always easy to buy but hard to sell for a good price.invest in long term is good but you have temptation to sell also.......
imo, definitely the market hasn't bottom out.
so called long term investors don't time their buy and sell. they buy when they see a distinct opening in a company they like. a bear market helps but it is not a major determinant factor that influence their decision.
they have holding power, money invested are spare cash and they accumulate the stock holding when they see an opportunity.
long term investors also sell, they don't hold forever. it is just that the law of averages help them post a profit when they sell.
will andrewpkyap be jailed?
Originally posted by Jamie Zawinski:will andrewpkyap be jailed?
haha...possible.... especially when the authority already know his real name, profile, how he looks like and which companies he was working for.
andrew..what is the latest update?
wow I have not looked at this thread for a while and I did not know so many idiots appeared....
When I said the market was coming down and even as it was crashing, so many idiots disagreed with me and were slapped repeatedly by the markets on my behalf...
I said to start thinking of investing... more idiots come along try to act smart, and the market again, slapped their idiotic faces on my behalf....
ST Index.... yesterday and today...
Up almost 250 points, almost 10% in two days!!!!
You want to be a guru like me, you must buy and read my book and maybe, you have a chance to become one....
The silenced from the idiots, my guess is that they are in a coma from being repeatedly slapped by the market while I am looking at my profits increase...
It is a volatile time now indeed.... who knows what will happen, the market has oppose all logic and shot up!!! Sitting on the fence now....
So mr andrew, how is your stock position so far? Making loads of money?
Originally posted by AndrewPKYap:you have a chance to become one....
become what......?
Originally posted by AndrewPKYap:
The silenced from the idiots, my guess is that they are in a coma from being repeatedly slapped by the market while I am looking at my profits increase...
folks i know who made good money are generally coy about their gains......i guess you are `just looking' at your profits....
Andrew, I bet your investment must be bleeding profusely now huh?
o.k lets cut the bullshit.
I have SGD 15K. And i want to know, IF i decide to give Andrew this money, whats he gonna do with it. Any gurantees ? Will we come up with some kind of reciprocity in this process ? Are you the real deal is all i wanna know.
And please keep asinine comments to yourself thanks.
This is a serious question. Seriousness emoticon not added to attenuate the seriousness of this question.
Before talking about investment, we all need to know what is intrinsic value, P/E ratio, P/B ratio, trading volume, bid and ask price and so on....
Not knowing how a company works will eventually spell your doom... lucky i revert my decision to buy STI ETF today.
Well.. so much for investments advice ?
Well, I dun believe Andrew can give u GUARANTEES as no one is God. U need to do ur judgement and decide if u want to venture into new land. Best is invest in things for long term gains. I only believe in prudent thinking if u want to earn money.
wait until the dust settles. maybe year end or early next year.
it is still very unstable now.
Years back, I asked a customer that why they didnt want to list their company as they are huge enough.
The answer was "why do I want to make money for others to spend"
During the last economic downturn, they listed the company.
I have seen only 2 types of people that makes money from stock
1 with insider information and the other type that glue their eyes on the screen
I think buying 4D and Toto is a better bet if you are not the 2 types of people above
I aiming to 3rd type
Buy index ETFs during recessions
This thread was started in jan 08. If you have started investing long term at that time, it will take very long to earn much as at that time, price of stocks is still pretty high.
But i believe now is the time to start investing. I shall not disclose any further details on how much i gonna invest.
hey ppl here my take on this thread
now we are facing global financial crisis u will take at least 3 years to have a permannet rebound. those rebound that we have recently is largely due to the US presidential election, it will start going down soon
if u are thinking of being a long term investor u r going to be a long long long long long long investor. no joke
my advice: lose small win big, whenever u buy stock if u suffer 8% loss sell that stock no point holding on, you wont know what will happen esp at this point of time. you dun wan to be a long long long long long long investor :)