Investment during NS

[zul99z]

Enjoy your stay here, everyone is here to learn, don't worry about noob/pro. Everyone is noob at some parts and expert at other stuff.

Hi bro, care to give any advice regarding the market? Like which stocks are safe to buy now, market conditions etc? Would love to learn from all the pros here.

 

[MikeZhang]

Hi bro, care to give any advice regarding the market? Like which stocks are safe to buy now, market conditions etc? Would love to learn from all the pros here.

IMHO, I would say never to consult ppl which stock to buy, because they would won't tell you when to sell. I would suggest you to do more reading and attending seminar or event invest fair. Learn more about FA and TA before you start trading. Cheers

 

[Perisher]

Hi bro, care to give any advice regarding the market? Like which stocks are safe to buy now, market conditions etc? Would love to learn from all the pros here.

There is 2 way, the less taxing one is what Shiny Things recommend, buy etf+bonds and rebalance every year. It's relatively safe and give you market returns.

Alternatively, if you really wish to learn investing

1. Read Seeking Alpha, Read blogs, Read forums
2. Understand the terms they use by using Investopedia
3. Read even more, go library borrow books. There are many books thread in this forum.
4. Start a paper trading account(fake account) and try your hand at buying/selling/holding shares. It will be very different from the real thing but still worth to test.
5. Once you are clear about what you are doing, open a brokerage account and start investing small with all your clearly defined principles. See what works and learn from it.

Everyone has their own style/way of investing/trading.
As for safe counters, stick to STI ETF, safest among all stocks since it holds 30 counters instead of 1.

 

[Bedokian]

TS, just to note that there are many ways to approach the world of financial markets.

From what you have read and will be reading in this part of HWZ, some are individual counter champions, some are index/ETF advocates, some are traders and some are a little bit of all. You can read it up here, as well as from books and blogs, of the different styles of investment and trading (note: these 2 are different). Once you have read them, settle on one that you are comfortable with.

If I were you, it would depend on what I would do after NS. Here is an investment approach:

If I am going for further studies full time, the savings that I had would be in a fixed deposit (with fixed deposit rates getting favourable and the impending interest rate rise) for the years that I am schooling, and when I graduate this amount (along with whatever pay obtained from vacation jobs) would form up part of my emergency fund. When I start working, depend on my comfort level, allocate some of the pay to savings and some for investments, and the rest as expenses.

If I start working immediately after NS, take half for investment while the remaining half form part of the emergency fund basis. Then I will allocate my pay between these two, on top of my usual expenses.

In all, set a quota for your emergency fund (3/6/12 months of expenses/pay, or by a quantum e.g. $5K, $10K, etc). Then any spillover from my pay allocation for emergency fund will go to investment, starting as cash portion of my portfolio. Thence from there, allocate to equities, bonds, etc.

Caveat emptor, the above would be my style.

 

[Average]

Hi, care to share which counters you bought and at what year? And how much capital did you use when you started investing? Looking at the oil crisis, yuan devaluation, us elections next year I think the market is gonna crash pretty badly by end of next year/2017. What's your assessment on this?

All bought this yr after blue chips came off the April highs. I thot I'm getting gd deals until now, LOL. Majority holdings in M1 and Ocbc.

Very dissapointed in their price movement but when I decide to buy, I already accept the downside risks and plan to hold long term. Now I nibble a little here n there, 100shares, as the market falls futher.

Regarding starting capital. $1000 would be sufficient but more is OK. You can do DCA on STI etfs, using standchart ACC. At the same time u consider how much other savings u have to keep u going day to day. Watever amt invested, worst case is lose all. So must assesst Ur risk appetide before buying, not jump bedok reservoir after losing.

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[Average]

Appetite*

Yea the probability of a stock market crash is becoming higher as time passes. The fear is rising fast. Stocks have been unable to retake their highs, instead making new lows. That's all I know, nth technical. Actually Singtel is pretty strong, it is the only telco still staying above $4 after so many months of bear market.

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