wealthjourney 
user profile for wealthjourney
N/A
N/A
June 05, 2008
This Month’s Activity
*Chart is only an approximation of the actual activities.
‘Pongs’ and ‘Reads’ use the left scale; ‘Pings’ uses the right scale
Last 5 Pings
2009 Year to date (YTD) ReturnPortfolio 19.86%Equity(Include Funds) 37.72%Direct Shareholding51.94%Dividend/Coupon/Interest received for 2009 $120,761Absolute Return Since Nov 2007Portf …
Posted by
wealthjourney 
- To follow/ignore wealthjourney, please sign in to your Ping.sg account.
From what I gathered .. 1) The share issue will mean index ETF need to buy C to reweight it correctly in the index - (So means selling will be supported hopefully)2) The book value(if you trust the numbers) before the share issue was around $4+. So, after the X% dilution, you just deduct accordingly (assuming no change in book value). Probably around the share issue price of …
Posted by
wealthjourney
- To follow/ignore wealthjourney, please sign in to your Ping.sg account.
"Another fallacy - Exit when you make an 'above-average' profit ie 50% gain in 3 months."Yes, I choose to let my profits run and cut my losses using trailing cut loss of 25% (but very troublesome, have to update my excel sheet daily with the highest closing price since i purchase the stock).. A bit wide but it will not force me out easily with whiplash on the stock …
Posted by
wealthjourney
- To follow/ignore wealthjourney, please sign in to your Ping.sg account.
Business Times - 09 Dec 2009Exposing fallacies in investment That's the mission of Boston University professor Zvi Bodie, who is enraged at financial advisers' 'misinformation', reports GENEVIEVE CUA A US-BASED professor yesterday slammed the financial industry for perpetuating investment 'fallacies' that do little to educate retail investors about risk and return.These …
Posted by
wealthjourney
- To follow/ignore wealthjourney, please sign in to your Ping.sg account.
The most important thing when starting out is to know your investment temperament(trader or investor) and lay out your Investment Policy. This is my initial draft investment policy if you are interested to peruse, but you could always find a lot of suggestions from books of proven gurus. http://docs.google.c om/fileview?id=0B6Um 2mxsWCQRMmRmMWIxNGQt OWU4ZC00ZGY2LTlhNjQt …
Posted by
wealthjourney
- To follow/ignore wealthjourney, please sign in to your Ping.sg account.
Most Popular Pings
My friend emailed me this and i found it very funny and couldn’t help but want to share it with you guys! Happy weekends!Dear Prim@ Minist@r,We citizens of Singapore urge you to PLEASE MIND YOUR OWN BUSINESS.We DO NOT NEED your help. Every time, you mention HELP, we have to runFor cover!!!Help the poor? Raise ...
313
0 
0
Posted by
wealthjourney
- To follow/ignore wealthjourney, please sign in to your Ping.sg account.
“You should avoid buying a new whole life, endowment or investment-linked policy as thecharges are too high. It is better to buy term insurance for your insurance protection and tinvest in …
266
0
0
Posted by
wealthjourney
- To follow/ignore wealthjourney, please sign in to your Ping.sg account.
Tan Kin Lian’s BlogInsurance agent does not tell the truthDear Mr. Tan,I met an insurance agent on the street, and was introduced to their “savings” plan. I read through your website and understand that such a policy is called a regular premium ILP policy, which provides life insurance cover and also an investment portion.The agent ...
264
0
0
Posted by
wealthjourney
- To follow/ignore wealthjourney, please sign in to your Ping.sg account.
Image via Wikipedia If you want to know more about value investing but are often put off by most books out there that tries to explain investing in such a boring manner, Warren Buffett's letters to Berkshire's shareholders are easy read.It is easy read as it is not very technical but it gives you a good grasp of what to look out for in a …
Posted by
wealthjourney
- To follow/ignore wealthjourney, please sign in to your Ping.sg account.
Image via WikipediaYou have heard stories of traders or punters made good by investing all their money into 1 stock and newspaper stories proclaiming how a trader can turn $1,000 into $100,000 in 1 month or even having 1000% return on investment.For a beginner to investment, they might be convinced that the only way to get rich is to have concentrated bets. However, that is …
Posted by
wealthjourney
- To follow/ignore wealthjourney, please sign in to your Ping.sg account.
Bet you all didn't know what to expect in this post ;)