*Official* MasterLeong Thread

[Genosis]

My aim is not winning. Is more of investing and get dividend as I said earlier.. If sti etf is to commit $200 monthly, How long do I have to commit? Not sure of all these.. That's why learning from the pro here.

Buying STI etf is not about winning. It is about getting market returns. You will not beat the market. But you could ride on the growth of blue chips and collect dividends......I would say this method fits your aim pretty well, unless you are already in your 70s or 80s

 

[Genosis]

When I see newbies want to buy banks now, it is a sign.

Hearing aunties and uncles talk about buying pennies in the wet market/kopitiam is also a sign.....

 

[[M]aiev]

When I see newbies want to buy banks now, it is a sign.

Haha now cannot hoot bank stock. It's doesnt mean that I will sell now. Will sell if reach that benchmark of P/B ratio.

 

[Genosis]

All 3 Banks facing strong resistance: 18, 21, 9.2+
Buy at your own risk

Ya.....must be cautious

Looking at the first trading day of 2016, might be deja vu all over again in 2017!

 

[yihao93]

Ya.....must be cautious

Looking at the first trading day of 2016, might be deja vu all over again in 2017!

Short short short

Now on mrt gg pArt time work
Siam max

 

[akwl88]

No buy banks now

Too ex

 

[lewissac]

My aim is not winning. Is more of investing and get dividend as I said earlier.. If sti etf is to commit $200 monthly, How long do I have to commit? Not sure of all these.. That's why learning from the pro here.

Investing is a very long commitment game, and probably need at least 7-10 years to see the fruits.

If you have only 2K, then DCA would be a best bet. Monthly $100 for 20 mths, and meanwhile in the course of 20mths DCA, you should be saving some $$ to invest too. Save $100 per mth, pretty confident most working class are able to do that.

If you are just dumping $2k only and then just wait for dividend, then I rather you dump into SSB Bonds for average 1.5% roughly, or CIMB FastSaver for 1% p.a.

Above all, DYODD. Assess every risk you take before every move you make.

 

[MasterLeong]

STI etf is it a platform and returning dividend from all blue chips company?










2k is the funds I'm going to invest. I don't wanna commit monthly, and just earn dividend from there.

Go read up more on etf and dca
Exchange traded funds
Dollar cost averaging

 

[MasterLeong]

My aim is not winning. Is more of investing and get dividend as I said earlier.. If sti etf is to commit $200 monthly, How long do I have to commit? Not sure of all these.. That's why learning from the pro here.



I did scan through bluechips like banks.

You sound really new
Dont be in too much hurry to get invested
Spend a few months reading up first
Anything not sure can ask us here

Sti etf would be good to get your feet wet
Dont dive down into the adult swimming pool yet

 

[MasterLeong]

Do you guys play mahjong ?

MJ is quite fun too but real life too slow pace, so not so like

texas hold em more fast and furious

 

[MasterLeong]

looks like a red red opening

STI to close lower in 2016?

cannot even beat 2882 previous 2015 closing sia lol

 

[MasterLeong]

Teach people how to play poker for fee lor

used to do coaching at $20-50 an hour during the poker boom 4-5 years back

in general hor... sg poker player seems to be very niao... they want to learn from pro for freeee, yet they can donk tens of thousands of dollars in casino

 

[MasterLeong]

anyway in the morning I will be less active riao
starting 2017, every morning I will go jogging then jiak breakfast

trying to lose weight

currently 65kg, my first TP is 60kg second TP is 55kg


gonna head off now for a jog, be back later

cheers

^_^

 

[lewissac]

MJ is quite fun too but real life too slow pace, so not so like

texas hold em more fast and furious

Mahjong is like playing show hand. Need "acting" skills as well as tactics.

 

[lewissac]

used to do coaching at $20-50 an hour during the poker boom 4-5 years back

in general hor... sg poker player seems to be very niao... they want to learn from pro for freeee, yet they can donk tens of thousands of dollars in casino

Haha!! Pro gamblers that I know always have this no.1 rule: Learn how to lose first.

Which is true; because when you learn how to lose, you start to realise that it is not about how to win $$, but it's more about how not to lose $$.

 

[MasterLeong]

Haha!! Pro gamblers that I know always have this no.1 rule: Learn how to lose first.

Which is true; because when you learn how to lose, you start to realise that it is not about how to win $$, but it's more about how not to lose $$.

Yup
Making less mistakes than your opponents equals to huat liao

 

[lewissac]

lol.. almost all of my watchlist stock are in red ink

 

[Genosis]

CCT getting more and more attractive liao.

Very tempting indeed......but not top of my shopping list

 

[madtari]

so which is the top of your shopping list?

Very tempting indeed......but not top of my shopping list

 

[lewissac]

Very tempting indeed......but not top of my shopping list

Ya.. too tempting. First stock in @1.520 now 6% drop.

Anyway wait for all possible corrections to get over and hope 2017, we all can huat.

Meanwhile close shop for 2016. Coming 2017, focus on DCA on ES3.