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
A friend in stock brokering asked - if mkt went up and stayed elevated when FED raised the rates, now that FED cut rates and we continue to think mkt will still moves up? What is the logic here? When will reversal take place if not now then when? Beware of news and media report , always exercise prudent and invest with caution...
Books 1. "The Intelligent Investor" by Benjamin Graham 2. "Rich Dad Poor Dad" by Robert T. Kiyosaki 3. “Think and Grow Rich” by Napoleon Hill 4. “One Up On Wall Street” by Peter Lynch 5. "Common Stocks and Uncommon Profits" by Philip Fisher 6. “The Complete Turtle Trader” by Covel, Michael W Have you heard of or read the above books? I did and I read more than that. Understanding the ideas, principles and strategies behind these books may not necessarily means you will be successful in investing. These ideas require you to have certain discipline and skill sets. And more importantly, patience. There is another part of investment which you need to understand and that is your psychology about money and human nature. Stock Market Crises / Panic since 1995 1. Asian Financial Crisis (