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wealthjourney 
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Portfolio Cumulative Return since 2007 : -0.06%Equity Cumulative Return since 2007 : +3.47%Dividend/Coupon/Interest received for 2009 : SGD$64,061P/S :1) Bought into SHK Corporate Arbitrage Fund with John paulson as underlying Fund manager.2) Tendered SPC shares for a total gain of 90%.3) Renewed Aud deposit for 3 months at 3.05%.4) Sell out of …
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wealthjourney
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This was taken off Paulson's 2008 Annual Report for his shareholders. Specifically, he has launched a Recovery Fund late 2008 and has cited Citi as an example of a recovery play he might be keen on. I believe he was also an active buyer of Bank of America.Extracted from the key introduction of the Recovery Fund :-
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I read with amusement on the above question posted by the Foodie Connection reporter, to a 50+yr old restaurant owner in the Sunday Times.To which the owner responded "I don't think about those things", obviously kinda perturbed by such a morbid question.Wouldn't it have been better rephrasing it in a more 'fantasy' way like "If there was only 1 food left on …
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wealthjourney
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One of my holdings is HK listed GuocoGroup. While many singaporeans would be familiar with the Singapore listed GuocoLeisure and GuocoLand, GuocoGroup is the one you want to be holding. Here's why I think GuocoGroup is a good buy.Company SummaryGuoco Group Limited ("Guoco") (Stock Code: 53), listed on The Stock Exchange of Hong Kong Limited, is an investment holding …
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wealthjourney
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Portfolio Cumulative Return since 2007 : -1.33%Equity Cumulative Return since 2007 : -0.5%Dividend/Coupon/Interest received for 2009 : $50,000
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wealthjourney
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wealthjourney
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Van Ness’ Blog | HypebeastNow.. this is what I call OBSCENELY RICH. Look at the number plates on the fast cars.. All are with "288" = Same Owner! GOSH!
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wealthjourney
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I believe this is the Visa Card guy who keeps dancing happily across countries with that catchy tune. However, this one is those that I've not seen before and it sure does brings a smile to me knowing how we are so different yet so similar. Enjoy!
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wealthjourney
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Cumulative Return since 2007 : -6.7%Dividend/Coupon/Interest received for 2009 : $43,995P/S : Choppy markets worldwide. Will conserve my cash and await the correction?
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wealthjourney
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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 …
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wealthjourney
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Here is a link to an Australian Get Rick Quick Scam. http://www.getrichslowly.org/blog/2007/06/11/get-rich-quack-david-schirmer-of-the-secret/As mentioned previously in my blog, be critical of what is told to you when attending investment seminar.
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wealthjourney
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Gold Coast lifestyle from Brett Clements on Vimeo.Queensland, Australia - Seeing this clip reminds me of my fond memories there...Really a wonderful place to stay for extended periods.Oh yes, which brings me to my opinion of the Aussie Dollar. It has depreciated a lot against the USD ('coz of the USD dollar strength, the impending economic global slow down). Since SGD is …
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wealthjourney
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Image by Getty Images via Daylife Warren Buffett's Investing QuestionsBefore Warren Buffett invests a dime, he asks:Is the company in an industry with good economics? That is, is it not in an industry competing on price?Does the company have a consumer monopoly or brand name that commands loyalty?Can anyone with an abundance of resources compete successfully with the …
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Book cover via Amazon Get Wise, Get Wealthy…and Get On With Your Lifeby Alexander Green, Chairman, Investment UInvestment Director, The Oxford ClubDear Investment U Reader,When I speak at investment conferences around the nation, I often tell investors not to watch MSNBC, CNBC or the other financial networks.Members of the audience sometimes find this comical - ...
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wealthjourney
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Image via Wikipedia When you buy into an equity investment (stocks or funds), you are mainly buying into the potential for capital appreciation and not so much for its dividend. However, when choosing an investment, a safer bet would be to go with the one with a consistent and sustainable dividend policy. Studies have shown this is a good barometer of future capital …
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Lessons on Harvard’s Endowment - MarketWatchHarvard’s Endowment Offers An Education in Asset AllocationBy James B. Stewart, The Wall Street JournalLast update: 8:22 p.m. EDT Sept. 3, 2008It’s back-to-school week, so let’s do some homework by studying the success of Harvard University’s endowment.Harvard Management Co., which runs the endowment, …
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wealthjourney
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Just applied for this as well. It's quite similar in terms to the other NCPS issued by DBS and OCBC. The concerns are similar to the others as well. So if you are buying this, it has bond-like characteristics and is very much affected by the SIBOR interest rate.Issuer: United Overseas Bank Limited ("UOB")Format: Class …
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wealthjourney
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When I first started out doing investments, I had attended a few seminars of options, cfd, forex, stocks, properties that boast immediate profits or explosive returns of 500% etc etc. However, I have always doubted the effectiveness for the investors. But I never doubted the effectiveness for the trainer. The trainers are indeed making explosive profits and guaranteed …
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wealthjourney
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I've been seeing more and more mass media articles educating consumers about the merits of passive investing using index ETFs with low expense ratio and the futility of choosing mutual funds that can outperform the indexes.This is good as consumers would have better alternatives to most mutual funds that underperformed the market with outrageous expense ratio. When it comes …
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