sti looks like its in freefall lol

[frenchbriefs]

sti looks likes its in free fall lol.....down 20 percent since april wtf,is that coinciding with ah gong's death?

frankly i prefer snp over sti,since sti is just a stupid clone of the US stock market but worse still it lags behind alot,probably because of negative factors in asia.but im just curious,do singaporeans really have that little confidence in their own country?down 20 percent wtf.

anyway im thinking of picking up some sti soon,it looks relatively cheap now,alot of the gains since 2010 has been wiped out.

 

[Sinkie]

How to buy the index?

 

[frenchbriefs]

How to buy the index?

theres a etf for it,eS3 i think.

 

[laksaboy]

True liberation is not giving a shit whether your silly gor pio goes up or down.


[video=youtube;1lWJXDG2i0A]https://www.youtube.com/watch?v=1lWJXDG2i0A[/video]

 

[frenchbriefs]

True liberation is not giving a shit whether your silly gor pio goes up or down.


[video=youtube;1lWJXDG2i0A]https://www.youtube.com/watch?v=1lWJXDG2i0A[/video]

money is the one true god,without money u are at the mercy of others,at the mercy of governments,of political parties,of religion,of businesses,ur at the mercy of bosses,of idiots,ur at the mercy of policies,at the mercy of the masses of idiots who vote for those policies,your fate is determined by others.u must worship money for it is your only salvation,first to insulate yourself,then to seek power to fight the forces of stupidity.

 

[laksaboy]

money is the one true god,without money u are at the mercy of others,at the mercy of governments,of political parties,of religion,of businesses,ur at the mercy of bosses,of idiots,ur at the mercy of policies,at the mercy of the masses of idiots who vote for those policies,your fate is determined by others.u must worship money for it is your only salvation,first to insulate yourself,then to seek power to fight the forces of stupidity.

Money is fine and dandy, but to watch like a hawk 24/7 over the ups and downs of stocks and stock markets seems like too much hassle and more trouble than it is worth. Your emotions and your mind are better invested in other things.

 

[Leongsam]

Money is fine and dandy, but to watch like a hawk 24/7 over the ups and downs of stocks and stock markets seems like too much hassle and more trouble than it is worth. Your emotions and your mind are better invested in other things.

If you have liquidity you don't have to watch your stocks like a Hawk. Invest for the long term. For example in the current turmoil I'll pick out a handful of quality stocks that have been hammered despite strong fundamentals.

In NZ these will be stocks like Auckland Airport, power companies, Sky City etc.

I then forget all about them and check prices again when the turmoil is over and the markets pick up again.

Most of the time I have found that I have made at least 7% to 10% in a year. In one lucky streak I actually doubled my money in 18 months.

 

[dancingshoes]

How to buy the index?

theres a etf for it,eS3 i think.

or the CFD, code: SG30SGD

 

[Reddog]

True liberation is not giving a shit whether your silly gor pio goes up or down.

Laksa my friend, you have shown great wisdom. Peace to you brother. It's buying opportunity time.

 

[dancingshoes]

If you have liquidity you don't have to watch your stocks like a Hawk. Invest for the long term. For example in the current turmoil I'll pick out a handful of quality stocks that have been hammered despite strong fundamentals.

In NZ these will be stocks like Auckland Airport, power companies, Sky City etc.

I then forget all about them and check prices again when the turmoil is over and the markets pick up again.

Most of the time I have found that I have made at least 7% to 10% in a year. In one lucky streak I actually doubled my money in 18 months.

in times like this, most likely, it will go down again. how do you know it's bottom?

 

[Leongsam]

in times like this, most likely, it will go down again. how do you know it's bottom?

It does not matter if it goes down again because it will always come up again.

I've bought shares that dropped a further 25% before they bounced back.

If shares that I have earmarked drop further, it gives the opportunity to buy more.

EG bought 100 lots at $3. The share drops to $2 after that so you buy another 100 lots so your average purchase price is $2.50.

 

[dancingshoes]

It does not matter if it goes down again because it will always come up again.

I've bought shares that dropped a further 25% before they bounced back.

thanks boss for your invaluable info. from experience cheers.

 

[dancingshoes]

yesterday, china cut its rate again to help the stock market. if today, SSE doesn't go up later. it could spell big trouble for the rest of the world.

 

[FlyOnTheWall]

Remember to buy high and sell low

 

[Leongsam]

Remember to buy high and sell low

You need to be working in Temasek or GIC to be allowed to do that.