*Official* MasterLeong Thread

[MasterLeong]

Oh ya, the 8k erza loss was because I tried to contra 100k worth of erza stock hahaha

Over 90% of ppl who trades actively loses money over the long run

 

[MasterLeong]

Let go my bank stock too early so now with some cash to trade

Maybe can park your cash into reits or telcos ba

 

[Layers]

Mct 1.415. Anyone kio?

Sent from Sony E6853 using GAGT

 

[MasterLeong]

KC and SCI up a lot today
See tmr will have short covering or not
I wanna clear my KC off at $6 or higher
Cheers

 

[MasterLeong]

Mct 1.415. Anyone kio?

Sent from Sony E6853 using GAGT

Waiting to sell off my KC then go hoot MCT

 

[MasterLeong]

http://www.theedgemarkets.com.sg/sg/article/here’s-biggest-challenge-global-investors-will-face-2017

 

[Takodoro]

At least u heng heng got saved by ARA
Stop fifo le ba, its addictive and damaging

Yup. Agreed.

If I just all in long DBS at 13.66, I already 25% capital gain plus 4% dividend gain as of today.

But I still proud of the fact that at least I managed to break-even from all the FIFO trading. That's why I said I levelled up gao gao this year.

Now is to resist the temptation from the dark side and to slowly build up my core portfolio. CMT and FCL are going to be core for very long term.

 

[xersion]

Why u sold everything?????

Cash out and pay for new house

Sent from OPPO X9079 using GAGT

 

[homedriver]

Waiting to sell off my KC then go hoot MCT

KC not for Long term?

 

[MasterLeong]

KC not for Long term?

KC is trading position
I mentioned a few times before liao
Whereas SCI is the preferred one for long term as most of their earnings comes from their utilities segment

 

[MasterLeong]

Cash out and pay for new house

Sent from OPPO X9079 using GAGT

U getting married or married liao ah
Gong xi gong xi

 

[MasterLeong]

Yup. Agreed.

If I just all in long DBS at 13.66, I already 25% capital gain plus 4% dividend gain as of today.

But I still proud of the fact that at least I managed to break-even from all the FIFO trading. That's why I said I levelled up gao gao this year.

Now is to resist the temptation from the dark side and to slowly build up my core portfolio. CMT and FCL are going to be core for very long term.

Yeah CMT and FCL just hold for the 5-6% dividends lor
Slowly buy up and build up your core portfolio

Too bad now banks expensive liao, maybe reits and telcos will form a good base for u

 

[strangerjun]

Any counters to recommend that is quite stable tht I don't have to monitor tht much

I lost abt 5k in captial don't Wana do trading already

Dbs ocbc and uob I kinda miss the boat

Telco don't look safe like it used to be

Hi Bedok reservoir neighbour,

your 5k loss is in cnmc ah? When you invest for long term, you have time on your side to ride the gyrating market. But when you do trading, you don't have the luxury of time.

I suggest you stop trading for time being and hone your skills and building your trading strategy. In the end, you might find yourself becoming a better or perhaps realize that trading is not your cup your tea.

This is a good thread to start and learn about building a portfolio consisting of stocks that pay out good and regular dividends.

 

[strangerjun]

Yeah CMT and FCL just hold for the 5-6% dividends lor
Slowly buy up and build up your core portfolio

Too bad now banks expensive liao, maybe reits and telcos will form a good base for u

I bought starhub today liao.

 

[MasterLeong]

Hi Bedok reservoir neighbour,

your 5k loss is in cnmc ah? When you invest for long term, you have time on your side to ride the gyrating market. But when you do trading, you don't have the luxury of time.

I suggest you stop trading for time being and hone your skills and building your trading strategy. In the end, you might find yourself becoming a better or perhaps realize that trading is not your cup your tea.

This is a good thread to start and learn about building a portfolio consisting of stocks that pay out good and regular dividends.

Very welll said bro

 

[MasterLeong]

I bought starhub today liao.

Welcome on board mate
Hope it can go back above $3 healthy levels soon

 

[loveboon]

Master, do you think it is feasible to invest in POSB invest saver and hold for long term?

 

[Maeda_Toshiie]

A few pov from me:

1. KC - Based on the 2016 price history, 6.00 - 6.20 is a major area of resistance. KC will not cross that region if there is nothing substantial in terms of oil price stabilizing at a higher price. Note that the last time OPEC agreed to cut production, it didn't exactly work out...

2. Noble - Company is not making a profit at least until next year. The name and reputation may also have been damaged. Even with profit, it may emulate Creative... I consider 20c to be a major resistance.

 

[mazatsushi]

Any counters to recommend that is quite stable tht I don't have to monitor tht much

I lost abt 5k in captial don't Wana do trading already

Dbs ocbc and uob I kinda miss the boat

Telco don't look safe like it used to be

If you don't have the time or talent to stock pick like me, just stop wasting your time.

Go assemble a core of passively managed index funds/ETFs and DCA monthly. Keep doing that and let the magic of compounding do its work.

Best advice I can give from personal experience.

 

[Maeda_Toshiie]

Any counters to recommend that is quite stable tht I don't have to monitor tht much

I lost abt 5k in captial don't Wana do trading already

Dbs ocbc and uob I kinda miss the boat

Telco don't look safe like it used to be

Telco - buy 2000 shares of Singtel, and forget that you own it for the next 5 years.

STI ETF - Buy 2000 shares of ES3, and forget that you own it for the next 5 years.

REIT - Buy 2000 shares of MCT and CMT each, and forget that you own it for the next 5 years.


Meanwhile, go read some decent books on investments.