*Official* MasterLeong Thread - Part 2

[Mr.Canberra]

Sauce?

This is not fear mongering lah. Most of the forumers here are youngsters. Never been through financial crisis or hard times before.

Those who have been through financial storms before will know this is an unspoken practice of those company bosses that are more gracious. Only retrench staff after Lunar New Year in consideration to staff's feelings during festive season. Those who are very profit driven will axe staff before the work year ends liao.

 

[Layers]

I am super insecure with my job.

Haiz...

Sent from Sony E6853 using GAGT

 

[only_lonely]

How u guys judge which price is good to buy?
What price u submitted in vickers usually?
Same as bid price or lower by?

 

[Shion]

This is not fear mongering lah. Most of the forumers here are youngsters. Never been through financial crisis or hard times before.

Those who have been through financial storms before will know this is an unspoken practice of those company bosses that are more gracious. Only retrench staff after Lunar New Year in consideration to staff's feelings during festive season. Those who are very profit driven will axe staff before the work year ends liao.

I suspect this may be going to happen at my workplace in the near future due to some plans in the minds of the mgmt.

 

[EvilPaladin]

update on portfolio

intend to sell down m1 from 15,000 to 10,000

intend to add more ST from 7,000 to 10,000
intend to add more CDG from 8,000 to 10,000

a man with a plan - respect boss

 

[Mr.Canberra]

I suspect this may be going to happen at my workplace in the near future due to some plans in the minds of the mgmt.

Just like trading/investment always devise a contingency exit plan for yourself.

http://www.mom.gov.sg/passes-and-pe...gn-worker-levy/calculate-foreign-worker-quota

Nowadays the criteria are stricter liao. You need to find a lot of local phantom workers to ram up the quota hahaha.

 

[MasterLeong]

How u guys judge which price is good to buy?
What price u submitted in vickers usually?
Same as bid price or lower by?

must see valuations... like PE yield book value, depending on what stock... i often talk about valuations here

when buying i rarely Q, mostly will take the seller immediately... 1 cent I dont care one, just dun want miss the boat

 

[MasterLeong]

I am super insecure with my job.

Haiz...

Sent from Sony E6853 using GAGT

better than no job right?

now economy damn bad leh

why u feeling insecure?

 

[MasterLeong]

Can think of Long-Term Capital Management.

But also got day traders like Takashi Kotegawa (B・N・F) that make money from trading. Still this is like very few.

yeah I read the book on LTCM.... very epic... so much smart ppl, but when over themselves

 

[lewissac]

How u guys judge which price is good to buy?
What price u submitted in vickers usually?
Same as bid price or lower by?

Usually I will look at financial reports, especially he cash flow first, followed by debt and leverage, earning and returns.

If I feel the price is right, I will just buy. Everyone have their own set of intrinsic value of a company. So best is DYODD and find the right value for yourself.

Cheers!

 

[Maeda_Toshiie]

Mr Bharath Jayaram, 26.

"moved from Bangalore..."
"now a SG PR..."

"I have achieved a six-figure sum already, and make an average of five figures a month..."

"My trading account currently stands at more than $250k."

Sent from . using GAGT

US stock nia, ride the bull run. He can make that kind of money at SGX then talk.

 

[zzxiaoboizz]

if I can get 9 other SSI warriors, I steady

we all sit front row of M1 AGM and make noise

1. MasterLeong

who want to join in put your name

U only need hulk(uncle168)

Sent from Samsung SM-N910G using GAGT

 

[Layers]

better than no job right?

now economy damn bad leh

why u feeling insecure?

Seem like will get pop anything de feeling

Sent from Sony E6853 using GAGT

 

[starfish.starfish]

Seem like will get pop anything de feeling

Sent from Sony E6853 using GAGT

Just remember never invest your emergency funds. And if you feel insecure in your job I suggest a bigger emergency fund covering > 6mths of expense.

 

[Shion]

Just like trading/investment always devise a contingency exit plan for yourself.

http://www.mom.gov.sg/passes-and-pe...gn-worker-levy/calculate-foreign-worker-quota

Nowadays the criteria are stricter liao. You need to find a lot of local phantom workers to ram up the quota hahaha.

Yeah, I already have something in mind...

Wa...if get caught, quite jialat right ?

 

[Genosis]

US stock nia, ride the bull run. He can make that kind of money at SGX then talk.

Good point.....he is basically riding on a rising tide in the US market

The difficult part is staying on the tide...

 

[Retireready]

I invest my emergency funds too to prevent myself from spending them but only in blue chips stocks though hahaha

Just remember never invest your emergency funds. And if you feel insecure in your job I suggest a bigger emergency fund covering > 6mths of expense.

 

[Asphodeli]

jialat, money mind and edmw more threads on money issues...

 

[Genosis]

jialat, money mind and edmw more threads on money issues...

No worries......as long as there are no 'Jip Lai! Hot stock tips to share!' threads sprouting up everywhere, we are not in a bubble yet

 

[Retireready]

Go create one

No worries......as long as there are no 'Jip Lai! Hot stock tips to share!' threads sprouting up everywhere, we are not in a bubble yet