Sunday, 21 November 2010

Punter takes stock and prospers after losing money

invest, thesundaytimes Nov 21, 2010

I can't help and notice that my investing strategy is quite close to that of Mr Brennen Pak.

  • Focusing on Singapore stocks.
  • Building portfolio mainly on Singapore blue chips.
  • My average yearly dividend income excluding realized P/L from short-term trading is 5.8% of total capital (based on total of long-term and short-term capital)
  • Holding a few multi-baggers.
  • During a market run-up, I may divest myself of stocks that I don't wish to keep for the long term and keep cash as a war chest for future market dip.
  • Investing in stocks using money that is not needed for the next 5 years or more.
  • Not investing in property but still prefer to invest in stocks as I love multi-baggers and made me feel so shiok!
  • Not owning a car.
Except I have no business. May be I should start thinking ...


1 comment:

  1. In Robert Kiyosaki's concept in "Rich Dad, Poor Dad", I guess you're probably still an (E)mployee, and is an (I)nvestor. But not yet a (S)mall business owner, or (B)ig business owner yet?

    ReplyDelete