It's been more than a year since anyone posted in this thread. In between, the Straits Times index has gone from slightly below 1500 points to higher than 2700 points. Almost double.
How many of you managed to double your money?
Loh K L
I'll accept your apology, Eddy but on one condition. You have to promise not to do it again.
Also, I'm not sure if you can do this but if it's possible, please delete my posts from the other forum. Thank you. I don't mind my views being spread across the internet but I would prefer that they stay in AQ where I'm more comfortable.
Loh K L
It's been more than a year since anyone posted in this thread. In between, the Straits Times index has gone from slightly below 1500 points to higher than 2700 points. Almost double.
How many of you managed to double your money?
Loh K L
Well, at least you were brave enough to buy in when the market crashed. If the posters on this thread had followed my suggestions, they would have easily doubled their money in less than a year.
When the market crashed in December 2008, I described it as a great opportunity. I have to say it turned out to be a much greater opportunity that I thought. I also said that you will kick yourself for not buying into the market then. Honestly, I kick myself too - for not buying more
Loh K L

Hi folks,
SGX maybe hot if:
Buy when there is blood on the street
Be greedy when others are fearful
And be fearful when other are greedy
agree?
Not really as I bought only blue chips. I’m brave because if you look at some of these companies, their fundamental is doing fine. Plus this time round I go for those with minimum debt.
If I’m brave enough I would have bought some reits which should give me easily more than 10% return annually based on last year price. I also miss out on banking stocks. The Chicken Little in me pulls me back from putting money into these counters even though some of them are fundamentally sound.
Going forward I think 2010 will be harder.
When fear reigns the market, people forget the fundamentals. Also, when there's fear, people will spread more fear. When the STI went below 1500 points, people were asking, "will it go down further?". You know, in a bear market, people keep asking this same question no matter how low the market falls.
Loh K L

Me? discouraging people from getting into stock?
Ok,let put this way, my not so good advice but still worth look at:
If you want to invest
Get a reliable Broker
These days you can do via Internet
Wait for market to CRASH Blood!
When it does Crash, and many people & companies go bankrupt
BUY Blue Chip stocks
Keep shares for 3-5 years, this way - you're sure to win
Does this made sense?
Last edited by eddy planer; 3rd Feb 2010 at 10:31.
Wow.... How time flies. It's already a yr since stocks hit their all time lows early last yr. I believe alot of people here has made quite a pile!!and i know who they are from the expensive fishes especially the plecos that they bought not by each piece but a few pieces at a time like their money cannot spend finish like that.
And what about those who bought ADA accessories during the height of the financial crisis without worrying about retrenchments, especially FULL ADA equipments some more!!! like LIGHT SET, 3ft TANK and ADA FILTER!!!!
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Admiring my Fishes calm the Beast within me
From the movie.. Inside ManBuy when there is blood on the street![]()
colin | The Wilderness and Forest | FTS
If you've learnt, teach, if you have, give.
Don't walk behind me as I might not lead, don't walk in front of me as I might not follow. Walk beside me, as my friend.
Mohamad Rohaizal is my name. If it's too hard, use BFG. I don't mind.
Depending on whom you speak to. As KL mentioned those who let fear control spread more fear. Did you notice that during any sales, people BUY BUY BUY but when the stock market is on sales, people SELL SELL SELL. I’m not familiar with real estate but I presume this is the same?
VERY WELL SAID!!!When stocks keep going up and up people are afraid that they will miss the boat so go and buy. If only people approach investments like during sales period - buy, buy and buy when things are at lelong prices and the best time to buy shares is when there's a recession.
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Last edited by aquarius; 3rd Feb 2010 at 20:33.
Admiring my Fishes calm the Beast within me



i bought some stocks in nekkei when the market crashed to average out my price. i'm still "under water" man.
i think most folks are out there to make short term profit, shortist and contrarians
golden agri anyone? quite an interesting counter
Last edited by desmondekker; 4th Feb 2010 at 09:58.
Seems like you are on the right track bro. CMA was my best bet in short time, making ard or >20%. The rest is like a guest in hotel, in and out.
At this point the stock is retreating back it suppose to be, was too high before then, so long STI is above 2700 and hold it strong, it should be doing fine.
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MISSION ACCOMPLISHED!!! TIME TO LAY BACK AND RELAX!
A Journey Of A Thousand Miles Begins With A Single Step



I'm well aware that when the market crashed in 2008, many investors were caught with stocks they bought at high prices. But I think it's not necessarily true that they used up all their funds. It's highly likely they still have money to invest but once caught with paper losses, very few would dare to buy anymore. Fear will cloud their minds and the only thought they have is to hold on to their paper losses and hope for the best.
I went around persuading friends to get into the stock market when it tanked in December 08. But only 2 persons took my advice. They are laughing all the way to the bank now but these 2 are people who have never dabbled in the stock market before. For those who were already caught with paper losses, no amount of persuasion will convince them to buy some more.
Fear is a very powerful emotion, just as powerful as greed
Loh K L
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