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According to the report in SCMP, I kinda struck IPO Lottery! :) Only 6% of IPO subscriber for SinoPharm got their shares, albeit at the minimum 400 shares at hkd$16. You cannot imagine how miserable 400shares was since I actually had put in a bid for HKD$3million worth of shares but got allocated 400 shares. SinoPharm was active today on HK exchange and I sold my 400 shares …
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Marc Faber InterviewBloomberg, June 9, 2008Marc Faber spoke to Bloomberg Television by phone earlier today and had the following to say:Obviously, the economy is already in recession. Corporate profits will disappoint. In particular, the consensus earnings for 2009 are still far too high. And after jobs creep downward, obviously valuations look less compelling.Well, I would ...
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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 …
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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 …
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Portfolio Cumulative Return since 20072.74%Equity(Incl. Funds) Cumulative Return since 20077.78%Direct shareholding Cumulative Return since 200716.6%Dividend/Coupon/Interest received for 2009$82,217 1) Added more australia companies to my portfolio as there are still quite a few good names that are undervalued like Stockland, TabCorp, ANZ, NAB, Telstra, Wesfarmers etc with
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“Rogers Says Bull Market in Oil Has ‘Years to Go’”Bloomberg, June 6, 2008Jim Rogers, the chairman of Rogers Holdings, spoke to Bloomberg’s Betty Liu from Singapore on Thursday on a number …
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Look out for something along the line of this phrase in How to Get Rich Courses. "To qualify to invest in investments of the rich, you need to have at the least the nett worth of $1million. Find out how you can invest with the rich even if you do not have it in this event." Out of boredom, I attend these seminars and I can tell you the modus operandi and I am still …
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Image by Renegade98 via Flickr During this hard times in the market, people feel compelled to sell out their investment.They panicked when they see losses of $3~4k in their individual stock and maybe a loss of $30k in their portfolio.However, you should only sell if you feel the investment has served its purpose or the price is right or the business behind the investment does …
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Profiting From Global Change - Barrons.comProfiting From Global ChangeBy LESLIE P. NORTON | MORE ARTICLES BY AUTHORAN INTERVIEW WITH MOHAMED EL-ERIAN: Pimco’s co-chief executive discusses his latest book, which puts today’s market traumas into context.EL-ERIAN IS NO STRANGER TO BARRON’S READERS. He has shared his penetrating views on developing and …
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Greg Fraser, analyst, Fat Prophets Perversely, the government's ultimatum to Telstra to physically untangle its network from its retail business provides a smidgin of certainty. Shareholders now know they will own two companies after Telstra complies with the minister's decree.The first will be a network company. It will have about nine million residential and business …
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2009 Year to date (YTD) ReturnPortfolio 17.62%Equity(Include Funds) 74.97%Direct Shareholding161.29%Dividend/Coupon/Interest received for 2009 $87,599Cumulative Return Since Nov 2007Portf …
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"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 …
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In this market, what’s a long-term investor to do? - MarketWatchBuying, holding — and wondering what’s nextIn this market, how diversified does a buy-and-hold investor need to be?By Andrea Coombes, MarketWatchLast update: 12:00 p.m. EDT July 22, 2008SAN FRANCISCO (MarketWatch) — Even in a bear market, short-term rallies aren’t unusual. The only …
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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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Book cover via Amazon Yes, You Can Create Your Own Financial Plan - Morningstar SpecialistsYes, You Can Create Your Own Financial PlanTake advantage of simple solutions and learn from your mistakes.Christine Benz is Morningstar’s director of personal finance and the editor of the Morningstar PracticalFinance newsletter. She is also the author of the second edition ...
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Book cover via Amazon Jim Rogers: China’s Economic Advance is All But UnstoppableTuesday, April 15th, 2008Jim Rogers: China’s Economic Advance is All But UnstoppableBy Keith Fitz-GeraldInv …
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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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Commodities seem highly volatile at the near-term and a long-only strategy in mutual funds/unit trusts like Schroder SAS Commodity and Agriculture might not be an optimal solution.Thus, I have decided to switch into Permal Natural Resources as it is a multi-strategy fund which is good for volatile times.Hedge funds are great in times of volatility and depressed markets. …
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An art sculpture by Chinese artist Chen Wenling. It is titled "How to Escape" and depicts a Bull that ensured disgraced Wall Street Financier Bernie Madoff won't be going anywhere soon.
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