As from April 2013 my Journey in Investing is to create Retirement Income for Life till 85 years old in 2041 for two persons over market cycles of Bull and Bear.

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This blog is authored by an old multi-bagger blue chips stock picker uncle from HDB heartland!

"The market is not your mother. It consists of tough men and women who look for ways to take money away from you instead of pouring milk into your mouth." - Dr. Alexander Elder

"For the things we have to learn before we can do them, we learn by doing them." - Aristotle

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Saturday, 31 December 2011

Do you still believe in financial experts or Gurus forecast and calls?

Read? 4 financial experts' forecast for this year

There are no experts who can forecast. They are just paid to tell a fairy tale story in the stock market.

Only Carmen Lee has a small consolation prize for her forecast for biosensors at $1.35

Closed at $1.43 on 30 Dec 2011

I have been holding biosensors since 21 Jan 2008, CAGR on unrealised gain is 22.2% over 3.9 years.
Biosensors is the newest multi-bagger in my current portfolio at last market closing.
I have sold some positions to lock in realised profit to make a new pillow but it is currently only 43% full of feathers. I will sell some to make it into the newest pillow stock aka zero-cost investment holding and hopefully to grow a new money tree when biosensors starts giving out stock dividends.


  1. Dear Sir,

    You are absolutely right when you wrote there are no experts who can forecast. Unfortunately I learnt this through the hard way. We need more people like you.


  2. It is our mistake if we rely on a guru to forecast a price.

    It is far easier to just do it yourself, that way, all the blame or fame is yours alone.


  3. I have Biosensors 3 lots average 52 cents. Do you think its convertible is going to be an issue? I think the company has got a good story but the borrowing costs will be a diluting factor. I do not think it will give dividends with 3 years.

  4. Young company can only fund their growth plan either with equities or debts.


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