Thursday, April 07, 2016

SingPost

So to recap the happenings in Singapore Post management team for the past 1 year:

CFO & Corporate Secretary left in July 2015, followed by CEO resignation in Dec 2015 and now the Chairman also threw in the towel.

What do you think is happening inside the company?

Would Warren Buffet invest in such company?

Would YOU invest in such company?



Sunday, March 27, 2016

Trading for a Living? Really?


"As we explained earlier, day-trading is one of the dumbest jobs there is: According to one academic study, 4 out of 5 people who do it lose money and only 1 in 100 do it well enough to be described as "predictably profitable." 

Most of the folks who do it, in other words, would be far better off working at Burger King."

Most Wall Street traders have skills, information, and tools that day-traders can only dream of.  Trading is a zero-sum game: Market moves aside, every dollar won by one trader comes out of the pocket of another trader.  Day traders competing against Wall Streeters is the equivalent of a college football team (or Pee Wee team, depending on the day-trader's skill) competing against a pro team.  Is it possible to win?  Yes.  But it's highly unlikely (1 in 100).  Wall Street's winnings do have to come from somewhere, though, so Wall Street thanks the day traders for playing.

Day Trader

PLEASE READ the FULL article here:
http://www.businessinsider.com/henry-blodget-heres-what-day-traders-dont-get-2010-3?IR=T&r=US&IR=T

Saturday, March 26, 2016

Beware of Con-men

Beware of smooth-talking con-men. Some were ex-criminals i.e caught and jailed for cheating. Surprised??!

It is extremely important to do your homework properly. Some will say they have changed/repented and tell you sob-stories, please don't be manipulated emotionally, use your intelligence to think rationally. Just say "Thank You" and VERY VERY QUICKLY WALK AWAY. 


If you wish to part with your $, there are many other charities that are more worthy of your monetary contribution, don't be conned.