*Official* General Market Chit Chat Thread

[[M]aiev]

my stock portfolio actually very small
250k~ish only

but I own a fully paid HDB flat
and have a 30% stake in small private retail/distribution business

debt free and live very frugally, monthly expenses 500-1000 nia

No obligation is da best in the life; else can ki tang liao..

Chu is one of the role model for sunday edmw thread.

Rich Dad Poor Dad is damn useful.

 

[klavier]

my stock portfolio actually very small
250k~ish only

but I own a fully paid HDB flat
and have a 30% stake in small private retail/distribution business

debt free and live very frugally, monthly expenses 500-1000 nia

What is impressive is your monthly expenses... I have to give my family members more than that!
Guess u must be single? Really much easier lifestyle to maintain.

 

[ValueInvestor]

No obligation is da best in the life; else can ki tang liao..

Chu is one of the role model for sunday edmw thread.

Rich Dad Poor Dad is damn useful.

Rich dad poor dad is a really powerful book if u grasp the concept
i read it in like 2006 and never looked back

even when i started invest in 2007 and bought stocks, burned myself badly in the GFC....... 8 years on it all still worked out right

always buy assets
avoid liabilities, dont use debt
be frugal, save as much as u can
work for income to build a base/business
mind your own business/put the income into assets
then finally let your assets work for u

there u have it ^_^

 

[ValueInvestor]

What is impressive is your monthly expenses... I have to give my family members more than that!
Guess u must be single? Really much easier lifestyle to maintain.

confirm forever alone leh, no girl want me LOL

must see your life style...

I am nerd, always at home watch show play games see market pcw one... dont spend much $$$

 

[Ji Ji Wa Wa]

confirm forever alone leh, no girl want me LOL

you so tikoh ofcuz lah

 

[Sinkie]

my stock portfolio actually very small
250k~ish only

but I own a fully paid HDB flat
and have a 30% stake in small private retail/distribution business

debt free and live very frugally, monthly expenses 500-1000 nia

Can I be your Boyfriend?

 

[ValueInvestor]

you so tikoh ofcuz lah

which guy not tiko? lol~~~~~~~~~~

 

[ValueInvestor]

Can I be your Boyfriend?

LOL LOL LOL

 

[tiny]

but since living off dividends/interest why not also just get a full time job

You go google for ladyyoucanbefree, she is getting S$51k of dividends each year. Can lao nuah.

 

[[M]aiev]

Rich dad poor dad is a really powerful book if u grasp the concept
i read it in like 2006 and never looked back

even when i started invest in 2007 and bought stocks, burned myself badly in the GFC....... 8 years on it all still worked out right

burnt urself badly at GFC? You offloaded during GFC ar ?

Society is indeed cruel if you know what i meant bah; that why this book is very powerful with the contents. Really love the book.

 

[ValueInvestor]

You go google for ladyyoucanbefree, she is getting S$51k of dividends each year. Can lao nuah.

yup~

must find her and jio her to be your gf, song song riao

 

[Mr.Canberra]

always buy assets
avoid liabilities, dont use debt
be frugal, save as much as u can
work for income to build a base/business
mind your own business/put the income into assets
then finally let your assets work for u

Well said!
I have the same thinking as you.

Most people have assets but depreciative ones such as cars!

 

[Ji Ji Wa Wa]

been a full time investor for 3 years plus riao

u in the forum so long never see me meh LOL


full time traders... most will fail after a few years... its like gambling in the casino, the house always wins
maybe only top 1% can make it and become rich

full time investor, living off dividends/interest is easier route

retail trader or traders in banks? from what you're describing it's retail.

 

[ValueInvestor]

burnt urself badly at GFC? You offloaded during GFC ar ?

Society is indeed cruel if you know what i meant bah; that why this book is very powerful with the contents.

burn my heart ba hahhaha

sti fell from 3800 to 2700.. then i go hoot my virgin STI ETF
2700 crash to 1500, over 40% paper loss... at night cannot sleep

really no bluff u, when STI was 1500 u will really think its going to zero and blue chips going bankrupt

 

[Ji Ji Wa Wa]

which guy not tiko? lol~~~~~~~~~~

not tikoh to the extent of what you did with girls in the past

 

[ValueInvestor]

retail trader or traders in banks? from what you're describing it's retail.

retail investors, only top 1% will survive

those that work for bank, different ba~ salary worker nia hehehehe

 

[ValueInvestor]

not tikoh to the extent of what you did with girls in the past

what u trying to say sia

u sound so scary wor

are u one of my ex gf or something LOL

 

[Mr.Canberra]

really no bluff u, when STI was 1500 u will really think its going to zero and blue chips going bankrupt

Hahaha yes I remember.

Standard Chartered Bank almost up lorry!
Damn classic lah at US$1.00 per share.

 

[Ji Ji Wa Wa]

retail investors, only top 1% will survive

those that work for bank, different ba~ salary worker nia hehehehe

don't talk like u ex-trader la

 

[ValueInvestor]

don't talk like u ex-trader la

u dont rike me is it LOL

I have worked as an equities dealer and prop trader before

so well~ ya

i not ex trader lor