Stories about Making Money (3) The title is about making money not investment The One Who Took the Leap This is the final instalment of a real-life story shared with me by a colleague. It's about his ex-colleague, a humble civil servant earning a modest salary back in the early 2000s. Though his income wasn’t high, he had a strong interest in investing and was fortunate to have a small group of like-minded friends. They would regularly exchange tips, strategies, and market insights. During the SARS outbreak, he and his friends saw a unique opportunity in the market. They believed that the widespread fear and uncertainty would eventually pass—and when it did, a rebound would follow. Encouraged by these conversations, he was eager to invest. But his wife, concerned about their young family a
The title is about making money not investment The One Who Took the Leap This is the final instalment of a real-life story shared with me by a colleague. It's about his ex-colleague, a humble civil servant earning a modest salary back in the early 2000s. Though his income wasn’t high, he had a strong interest in investing and was fortunate to have a small group of like-minded friends. They would regularly exchange tips, strategies, and market insights. During the SARS outbreak, he and his friends saw a unique opportunity in the market. They believed that the widespread fear and uncertainty would eventually pass—and when it did, a rebound would follow. Encouraged by these conversations, he was eager to invest. But his wife, concerned about their young family and financial stability, ur
$Intel(INTC)$ Buy on rumours , sell on news. Sold my share. My prediction is Price will hover around 28 to 33 range until the first co-joint product is available and viable in the mkt. Can consider range trading at the moment by observing its price movement. Holding long term is for those staunch believers of Intel. Anyway, this industry has few niche players, high entry barrier and capital intensive investment. Can burn those billions quickly if not managed properly. Let hope CEO Tan will do a good job.
From reading certain details of the 1st stock bought, sometimes can roughly guess the age of buyer. :) My 1st buy is SingTel and surprisingly still holding on to it unlike my other buys. Had seen some of its best and worse and, the ups and downs. Read on papers its expansion to the regions, full of optimism, and how it was hammered when political turmoils struck. Was sad to see it plummeted to a low price shrouded with negative news, whether real or speculation. It has since recovered abit recently. Let's hope they continue to make wise investment decisions.
Stories About Making Money (2) The title is making money not investment. 😊 3. Intimate Relationship [Miser] This third story, shared by my brother, is about his friend's parents and their unique approach to investing. Over the years, this senior couple has focused exclusively on two stocks: DBS and OCBC. They studied every price movement meticulously, analyzed the annual reports, tracked dividend payment histories, and kept an eye on interest rate trends both locally and in the U.S. They would buy these stocks whenever their prices dropped, accumulating more shares with each "unreasonable" or unexplained dip. Because they were so familiar with the price patterns, they traded these stocks within a predictable range—buying at the lower end and selling at the high
Stories About Making Money (1) The title is making money not investment. 😊 1. All or nothing? This real-life story was related to me by a friend when he was in investment banking many years ago. I have since lost contact with him which is kind of sad. :( In his early years as an investment banker, he was posted to China to start the branch office when China was opening up to the world. During his posting there, he got acquainted to a client who invested with him. My friend specialised in commodity trading, in particular, in oil and precious metal trading. According to him, this client took a bet on oil based on his recommendation. He staked all he has at that time, buying future contracts that oil would rise. Oil price rose just as my friend predicated and his cl