Investment Ideas - 2
Recap:
A lay person like me will use simple ways to invest. -ZOOM
Zero in on few areas of interest. Look around your place of stay, your workplace and places where we go for relax
Observe the environments. Any construction works in progress, any supermarkets, shopping malls, etc
Open your mouth. Communicate with the people whom we come across with. Chat with them
Make the kill.
Example:
I am an engineer. So I will assume that I know more about construction companies. This can be the deadliest mistakes as I am putting my emotions into play.
Just for illustration. I choose construction companies. What can I do now?
Look around my house or my workplace to see if there are construction sites. If there are, check out the names of the constructions.
Then go and check on internet or SGX to see the construction related companies being listed. Check also for reviews for the completed projects.
Typically, I will only look at the profile of 3 companies as I do not have much time to do survey for 10 companies at the same time.
Things to focus:
Revenue
Expenses
Net profit
Ongoing projects
Assets
Special items or 1 time gain/loss
This can easily be compared using excel
Choose 2 of the companies to monitor the share price next.
Also your available funds
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