FastFastCar Neutral Newbie March 19, 2012 Author Share March 19, 2012 if you are so good why are you asking people who have lost alot of money you reminded of the investors who drives rolls royce to wall street and stay in few arces mansion but seek advice from fund managers who takes the subway to work Who knows, one mountain always has one mountain higher, we can always learn from one another ↡ Advertisement Link to post Share on other sites More sharing options...
FastFastCar Neutral Newbie March 19, 2012 Author Share March 19, 2012 Indonesia/Philippine funds are the only funds that generated profits in the last 10 years, that's why I mentioned them specifically. Again, investing is up to personal preference. I find that Legg Mason has lost their midas touch in picking the good stocks after their last showing. For me, I'm pretty confident about Indonesia as I've direct family links there, and hence I know how well the economics is working there. Well, like you I liquidated everything last September and missed the recent run up, too much cash earning less than one percent but not really confident about the general economy, so just itchy and decide to go in gradually regularly rather than totally not doing anything Link to post Share on other sites More sharing options...
Scb11980 1st Gear March 19, 2012 Share March 19, 2012 sabbie have not heard from you for a long while how are you are you still doing insurance work or property Link to post Share on other sites More sharing options...
2009k Neutral Newbie March 19, 2012 Share March 19, 2012 Actually I'm still waiting to enter again. I didn't accumulate enough before the recent run-up, so now sitting on the sidelines. In the last major correction, shanghai went to 2100 yet the unit trust was over valued, I too sit out and have not went in. Still waiting for blood on the street. Link to post Share on other sites More sharing options...
FastFastCar Neutral Newbie March 19, 2012 Author Share March 19, 2012 sabbie have not heard from you for a long while how are you are you still doing insurance work or property I am not sabbie, I am a manager in a mnc, nutti to do with insurance or property Link to post Share on other sites More sharing options...
2009k Neutral Newbie March 19, 2012 Share March 19, 2012 liongold and wheelock shot through the roof last friday i bought wheelock a week ago and off load today with a small tidy profit this is my first time "gambling" this way wilmar is another counter that may surprise everybody and shot past 5.6 i think the market is for short trading only now for long term, temporary measure to preserve capital but good bonds and high yield stocks what is your opinion on this I got out of the market and will monitor to see if it indeed goes down in big correction. Will still put money into equity for this year. The rest of my monies in properties. I rather collect rent than bonds for there should be a bonds melt down that will bring unit trust with them. For dividend play it's only worth it when dust settle or you accumulate dollar averaging over time. I not so into dividend as yet for 2012 until otherwise will give a call here. Link to post Share on other sites More sharing options...
Scb11980 1st Gear March 19, 2012 Share March 19, 2012 I am not sabbie, I am a manager in a mnc, nutti to do with insurance or property but mods said you are sabbie Link to post Share on other sites More sharing options...
Relacklabrudder 1st Gear March 19, 2012 Share March 19, 2012 You think it's a good fund? I think I will hold it for 10 years and invest 1K per month for the next ten years. is this a good idea? I believe countries like singapore malaysia indonesia and thailand will be the powerhouses of the world in 10 years time, what say you? can it grow to one million by the time I hit 50 years old? y not buy 5 lots of Lee Metal every month and get 5% dividend annually besides capital appreciation Link to post Share on other sites More sharing options...
FastFastCar Neutral Newbie March 20, 2012 Author Share March 20, 2012 y not buy 5 lots of Lee Metal every month and get 5% dividend annually besides capital appreciation Never heard of this company, good or not? I am not stock expert, that's why leave it to the fund managers to do. Link to post Share on other sites More sharing options...
Relacklabrudder 1st Gear March 20, 2012 Share March 20, 2012 (edited) Never heard of this company, good or not? I am not stock expert, that's why leave it to the fund managers to do. the thing about fund is they never promise u will profit but they make u promise to give them their manager's fees every year. Lee Metal, very stable (if u like stable, dividend stock). not much to monitor, buy with cpf and keep under pillow type search it up : http://www.shareinvestor.com/news/index.ht...amp;counter=593 from their latest financial report: Edited March 20, 2012 by Relacklabrudder Link to post Share on other sites More sharing options...
FastFastCar Neutral Newbie March 20, 2012 Author Share March 20, 2012 the thing about fund is they never promise u will profit but they make u promise to give them their manager's fees every year. Lee Metal, very stable (if u like stable, dividend stock). not much to monitor, buy with cpf and keep under pillow type search it up : http://www.shareinvestor.com/news/index.ht...amp;counter=593 Thanks for the tip, I will have to study the stock more, yeah, the bad thing about funds is the high costs and the management fee of 1.5% pa, hence I only buy funds with lower expense ratios and online for less front end fees, and this fund has a expense ratio approved by CPF at least. Link to post Share on other sites More sharing options...
Jamesc Hypersonic March 20, 2012 Share March 20, 2012 That's strange, I have not lost money in the past 5 years. Even the best investor have lost money in the last 5 years. Please share your expertise with us and let us know what you invested for the last 5 years. Link to post Share on other sites More sharing options...
Porker Turbocharged March 20, 2012 Share March 20, 2012 MCF investors all damn sat one. Better than Warren Buffett and George Soros Link to post Share on other sites More sharing options...
FastFastCar Neutral Newbie March 20, 2012 Author Share March 20, 2012 Even the best investor have lost money in the last 5 years. Please share your expertise with us and let us know what you invested for the last 5 years. Markets generally up the past few years, doesn't take an idiot to make money. Invested in a variety of unit trusts in 08 and lost money initially but all profitable in 10 after markets recovered, sold them all off in september last year and park in mmf. Bought a property in 08, rented it out and sold it in 10 but sold too early and only made 40K. Bought another property in 10 and flip it 3 months later for a profit of 50K. Bought another property after that and did not want to sell, but force to sell it off after 1 year and this time never really make, maybe only around 20K. So total profits over the past 5 years maybe 125K? Not much la, 25K per year only, cannot even match 1 month's salary of most of the forummers here. Link to post Share on other sites More sharing options...
FastFastCar Neutral Newbie March 20, 2012 Author Share March 20, 2012 MCF investors all damn sat one. Better than Warren Buffett and George Soros That's why people here all drive Porker and M3 mah, lousiest maybe a CLS. Link to post Share on other sites More sharing options...
Jamesc Hypersonic March 20, 2012 Share March 20, 2012 That's why people here all drive Porker and M3 mah, lousiest maybe a CLS. I think one bro here drives a CLS, he is gonna be really upset to read you compare his car as lousiest here! Link to post Share on other sites More sharing options...
Jamesc Hypersonic March 20, 2012 Share March 20, 2012 MCF investors all damn sat one. Better than Warren Buffett and George Soros Haha thats right! But the best thing about them is that they are all so modest and always asking how to invest. Warren Buffett and George Soros should be asking them! Link to post Share on other sites More sharing options...
Porker Turbocharged March 20, 2012 Share March 20, 2012 I think those who claim to drive P car and M3 are fakers. Don't believe them. CLS is real though ↡ Advertisement Link to post Share on other sites More sharing options...
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