*Official* SGXcafe Thread

[StragenKreuss]

saw that wee hur is your top position, whats good about it?

What's with the "+infinity%"?

 

[StockBot]

What's with the "+infinity%"?

What u mean? I dunno lol

 

[TheIntelligentInvestor]

My preference would have been to put 'na' since I just want to illustrate a portfolio with STI ETF and some satellite holdings. But SGX Cafe wants me to put in a buying price. So instead of estimating, I changed it to '0' since 'Not Applicable' is not allowed. Since my estimate of about $5 for OCBC has caused a disturbance in the force. If '$0' causes problems, I will estimate $100 buying price and be the biggest loser in sgxcafe? Thats ok with me. I'm here to give advice, not to win investing competition.

I prefer not to have too much of an awareness of buying price - dwelling too much on purchase prices from long ago may result in "sunk cost fallacy" when making buy/sell decision. When investing, psychology is important and you need to have the right numbers in your head. One should sell when the stock is overvalued, the buying price is not so important.

But I appreciate the discussion and notice increased pageviews to the blog due to Felix's post. (blog is advertising free - I started it as an experiment only).

I also noticed that Dividendknight posted a comment in sgxcafe - he is 100% spot on. The portfolio illustrates core-satellite strategy.

Thanks

To illustrate your core-satellite strategy, why not put the current price as a starting point and evaluate from there onward on how your portfolio is doing comparing to sti index? just a suggestion.

 

[Genosis]

What u mean? I dunno lol

The PL% for his Yuzoo is +Infinity%

Glitch in the system?

 

[StockBot]

The PL% for his Yuzoo is +Infinity%

Glitch in the system?

I also dunno sia lol

 

[shokus]

The PL% for his Yuzoo is +Infinity%

Glitch in the system?

because he put purchase price as 0, so any stock price becomes infinite profit percentage (a questionable interpretation of dividing by 0)

 

[StockBot]

To illustrate your core-satellite strategy, why not put the current price as a starting point and evaluate from there onward on how your portfolio is doing comparing to sti index? just a suggestion.

He says for illustration only, yet he purposely set himself up for top profit % by a wide margin

If illustration would had key 10,000 shares he key 8463 ocbc shares and fake those odd lots to make it look real

Obviously he giving excuse after being caught of his fake ocbc position

To illustrate your core-satellite strategy, why not put the current price as a starting point and evaluate from there onward on how your portfolio is doing comparing to sti index? just a suggestion.

He just trying to show off, he always brag that he bought at gfc lows uob ocbc dbs and he recently also bought at 2500 lows, he just wants to boost his own ego

 

[akwl88]

Core-satellite investing is a method of portfolio construction designed to minimize costs, tax liability and volatility while providing an opportunity to outperform the broad stock market as a whole. The core of the portfolio consists of passive investments that track major market indices, such as the Standard and Poor's 500 Index (S&P 500). Additional positions, known as satellites, are added to the portfolio in the form of actively managed investments. Read on to find out how this works.

 

[limster]

Core-satellite investing is a method of portfolio construction designed to minimize costs, tax liability and volatility while providing an opportunity to outperform the broad stock market as a whole. The core of the portfolio consists of passive investments that track major market indices, such as the Standard and Poor's 500 Index (S&P 500). Additional positions, known as satellites, are added to the portfolio in the form of actively managed investments. Read on to find out how this works.

To illustrate your core-satellite strategy, why not put the current price as a starting point and evaluate from there onward on how your portfolio is doing comparing to sti index? just a suggestion.

Thanks for the suggestion. Good idea.

Happy there is discussion on core-satellite as an alternative to 100% stock-picking.

 

[Optionstrader]

2009 is the time to buy

Sent from Asus ASUS_Z00AD using GAGT

 

[neolaw]

saw that wee hur is your top position, whats good about it?

I think their Australia properties are good.

Also they do have worker quaters in SG.

I'm waiting to see the property cycle comes back.

 

[neolaw]

What's with the "+infinity%"?

I contra off and left a few lots when I sold. Therefore their cost is zero.

 

[Mecisteus]

He just trying to show off, he always brag that he bought at gfc lows uob ocbc dbs and he recently also bought at 2500 lows, he just wants to boost his own ego

our felix likes to pick on others and intimidate them. before that was keverus, yyhwin and now limster. all are just posting on the internet with the spirit of sharing. not sure why people are taking them so seriously. there is nothing to gain out of it. i believe all of these guys are adults and are strong enough to take criticisms.

however, if felix is intimidated instead, he will cry father and mother.

PS: felix put me in on his ignore list so he can't read this message.

 

[Genosis]

I contra off and left a few lots when I sold. Therefore their cost is zero.

I see.....now it makes sense

 

[Perisher]

stockbot, you need to stop going getting personal.
If you look back at your own post, you will see plenty examples of you shooting people down. Correcting things is fine, putting people down isn't.
It's good to correct/rectify/question stuff which we find odd but there is no need to go personal. It also allows room for people to reply and explains.

Only when people are deliberately scamming or committing fraud, then it's good to warn/alert people to them.
For the most part, believing things posted by random strangers online without due diligence is one's own fault.

Peace out.

 

[hellclown]

our felix likes to pick on others and intimidate them. before that was keverus, yyhwin and now limster. all are just posting on the internet with the spirit of sharing. not sure why people are taking them so seriously. there is nothing to gain out of it. i believe all of these guys are adults and are strong enough to take criticisms.

however, if felix is intimidated instead, he will cry father and mother.

PS: felix put me in on his ignore list so he can't read this message.

this is also one of the reason why i chose to hide my portfolio(cos of best world) after seeing my total return is one of the top few.

 

[ckboyz]

stockbot, you need to stop going getting personal.
If you look back at your own post, you will see plenty examples of you shooting people down. Correcting things is fine, putting people down isn't.
It's good to correct/rectify/question stuff which we find odd but there is no need to go personal. It also allows room for people to reply and explains.

Only when people are deliberately scamming or committing fraud, then it's good to warn/alert people to them.
For the most part, believing things posted by random strangers online without due diligence is one's own fault.

Peace out.

Totally agree with this.

 

[sandwicher]

stockbot, you need to stop going getting personal.
If you look back at your own post, you will see plenty examples of you shooting people down. Correcting things is fine, putting people down isn't.
It's good to correct/rectify/question stuff which we find odd but there is no need to go personal. It also allows room for people to reply and explains.

Only when people are deliberately scamming or committing fraud, then it's good to warn/alert people to them.
For the most part, believing things posted by random strangers online without due diligence is one's own fault.

Peace out.

Totally agree. Apparently age doesn't equate maturity.

 

[Connoisseur-1976]

When so many people agreed, it's time to reflect.

 

[StockBot]

no worries, this will all end

when i start up this thread, intro to u about this free and good site,
put in the effort to make the ssi dragon investor list, did any of u all thank me? nope

when u do good things, no one bothers to thank u
when u do bad things, everyone bashes u

the world is like that one, best is for me to be selfish and not share anything anymore