Thanks so they indulged in some window dressing to earn some extra fees

You don't need balls you just need a lot of money and time. I think there's a stock thread, you can read there and see.. TLDR you have to do your due diligence - visit the company that you are planning to invest in, if they own hotels etc. visit it, stay there for a while to get a feel of how they run things. Read the annual reports, interim reports etc - be very aware that "creative accounting" can be used, so don't rely on that 100%.

And then technicals of course.. the trend and volume. Stuff like P/E and a whole lot of stats that I've already forgotten - price/sales ratio, EPS etc.

Ask people you know, your friends and family, what they think of the company and the things they do. Find out as much as you can about the management, listen to the way they talk - you can get a lot of clues from the way they talk, the clothes they wear, the way they sit, the way they treat other people etc.

Above all.. read. A lot. Read all the local major news websites every day. Search google for references to the companies that you are planning to invest in. Keep asking why.. why is the P/E so low (or high?) why is the turnover so high, but there's hardly any profit?

Conduct a SWOT analysis.. what are their SWOTs and how do they plan to mitigate/take advantage of them?

http://ctb.ku.edu/en/table-of-contents/ass...t-analysis/main

Do this every day.

Sometimes bad things happen, and the market overreacts. The market pretty much always overreacts to things - for instance the Komugi rat issue. You can see everyone (including me) thinking that they won't be affected by this.. but sooner or later people always overreact, as you can see in IGBREIT early November. So there's lesson #1 in value investing - people always overreact to bad news.

Case #2 - September 11, 2001 - http://www.investopedia.com/financial-edge...ock-market.aspx

This is a good time to top up. You will need to be very fast when it happens.



Be aware of thin volume. If you offer to buy/sell in large volume in a thinly traded counter, you might cause a price spike/crash. You might end up in a pretty bad position financially, after it's all matched. Also, depending on the exchange, trading on the counter may be halted and you may be investigated.

Do all that every day, for a few hundred counters and maybe you can beat a good mutual fund long term, if you don't end up in a bad position due to undiagnosed age-related dementia, or parkinson's or alzheimer's or whatever.

This post has been edited by wodenus: Feb 15 2017, 11:28 AM

Do you think more young people are going to doctors because they are richer and can afford it now? As a doctor you probably know that 95% of the patients you see have illnesses that are not life-threatening and will resolve themselves given some time and rest.

He's an MD.. try to guess how much his premium is

Yes.

You guys are lucky you never let them in.. noodles in KL will cost you Rm10 at least

You'd expect that for EM actually.

it's stated in a box at the bottom, might have to scroll down to see it.

It's immortality of a sort I guess. Increasing your net worth is a sort of accomplishment, proof that you did something with your life. What is the sum total of say 90 years of life? what did you have to show for it? sometimes you want to leave a legacy, to say that this is what you did with your life, proof that you did not waste the life that you were given.

Some people get married, have kids, and achieve a sort of immortality that way. For the rest of us that have not been so fortunate, at least we get to pass on something when we are gone.

There is a value to money you don't use, it can be used to support your descendants. If what you like is cheap, what else can you do with the excess money?

If you aren't familiar with the process, there's a scary period of a day or two when that happens. Usually after that the funds should be in. This is a normal thing but the scary period should not be more than a week or so. After that if it's still missing you might have to check with FSM and your bank.

(deleted)

This post has been edited by wodenus: Feb 19 2017, 10:51 AM

Eep.. you're right so deleted

If you look at the 3-year chart, volatility does seem to be around there actually. 2013 is already out of scope, that was 4 years ago.

This post has been edited by wodenus: Feb 19 2017, 08:20 PM

2% is free money too

I would, but how would you mitigate forex risk?

You have no way of knowing that, unless you can tell the future. If you really want to say that is a fact, I will need to borrow your time machine even so there might be the possibility of alternate timelines...

Okay you think Singapore will improve fair enough, but there are two ways for the cross rate to collapse, one is for Singapore to collapse (unlikely), another is for us to become Singapore - this is not entirely unlikely.

This. People get nervous and switch here, switch there, pull out and put in.. and eventually realize that over the long term they'd have done better if they left it alone

AmAsia REITs too

If you are still confused google "Moonlite Bunny Ranch"