Shares Trading - Tips, Insider News, Market News, etc

[hquek]

MMM:

I suppose sending by mail is pretty safe...


So troublesome... why can't they use POSB/ DBS as participating bank.... :x Still must go and get cashier's order,etc...

Agree. maybe should rephrase as how come dbs so laoyah never get themselves in as one of the participating bank. I've missed out on some of those offers cos cannot be bothered to do all that stuff.

[worryfather]

MMM:

I suppose sending by mail is pretty safe...


So troublesome... why can't they use POSB/ DBS as participating bank.... :x Still must go and get cashier's order,etc...

Hi MMM,

did you try to find out by using the POSB/DBS ATM? think no harm trying right?

[worryfather]

ChiefKiasu:

Augmum:

maybe will only look at it when opportunity strikes if there is crises with sharp fall........

That's right. Chase not the magic dragon. When people start asking you to buy a certain stock, rest assured that it is already too late to buy the stock. Resist all temptations to buy a stock on the rise. Always buy on the downturn. Identify all the resistance and support levels before you buy so that you can set your profit targets - and you MUST have a target.

That's good advice, but it is quite difficult to do.

Sometimes you set your profit target to be 20%.
When reached, sold, the share continues to go up.
But i guess, discipline is the no 1 rule in share trading.

Have you sold all your shares or still holding on?

[worryfather]

minnie2004:

That's true. I don't have the gut to catch a falling knife. My DH is less emotional. During the last crisis in 2008 when Suntec Reit was at the lowest (this is a stock we follow closely), I checked all the technical indicators and all signalled \"buy\". The div yield was close to 20%!! I was too chicken but informed DH anyway. He went ahead and bought the shares. And they just kept going up :celebrate:. So I guess I'm a better analyst than a trader :stupid:

sometimes it needs not only guts to catch a falling knife, you will also need to overcome the greed of hoping to catch the lowest.

Well, chances will come....

[minnie2004]

BigDevil:

Talks have been on shares....what about ETFs?

Like to hear the opinions here....would you or would you not buy ETFs?

Yes I like ETFs too. If you have a view (+ve or -ve) on a sector, it's easier to buy ETFs than picking individual stocks. I bought the GLD (gold) and DBA (agriculture) in the US. GLD has been performing well but DBA is going nowhere

I never buy mutual funds. Don't trust the fund managers and the fees are too high.

[BigDevil]

minnie2004:

I never buy mutual funds. Don't trust the fund managers and the fees are too high.

Err...if I'm not wrong, ETFs are also managed by fund managers and their fees are also factored into the prices of ETFs...

[MMM]

worryfather:

MMM:

I suppose sending by mail is pretty safe...


So troublesome... why can't they use POSB/ DBS as participating bank.... :x Still must go and get cashier's order,etc...

Hi MMM,

did you try to find out by using the POSB/DBS ATM? think no harm trying right?

It didn't work. I usually left it to the last day to apply. Luckily this time round, I apply early only to realise that the option wasn't available on my atm. Then did I read about this participating bank thingy.

I just got a CO and sent in already.... Already make $ on rights so worth the effort

[minnie2004]

BigDevil:

minnie2004:

I never buy mutual funds. Don't trust the fund managers and the fees are too high.

Err...if I'm not wrong, ETFs are also managed by fund managers and their fees are also factored into the prices of ETFs...

Most ETFs are passive index funds and they only track the underlying index. So no active management is involved hence fees are very low.
U can check out this website: http://www.investopedia.com/university/exchange-traded-fund/

\"An ETF trades like a stock on a stock exchange and looks like a mutual fund. Its performance tracks an underlying index, which the ETF is designed to replicate. The difference in structure between ETFs and mutual funds explains part of different investing characteristics. The other differences are explained by the type of management style. Because ETFs are designed to track an index, they are considered passively managed; most mutual funds are considered actively managed.\"

[MMM]

Any CITI supporter here???


Wanted to look for some views.

[Augmum]

Busymom:

The problem with the last crisis was that the price correction was a very slow one. Right after the collapse of Lehman, market was volatile but the drop was not drastic. At that time, you could make more money by taking a trading approach rather than holding long term. But key is, one must be prepared to hold, otherwise, it's just too risky.

True......the recent STI correction to 1450,
index din tally with shares prices if u make a comparison.....
in the past when index was at 1500, blue chips such as banks, sgx, and others were not that \"expensive\".....
that was one of the reason which refrained me for catching \"the falling knife\"