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
It is here where I share with you how I did it!
FREE Education in stock market wisdom.
Think Investing as Tug of War - Read more? Click and scroll down
Holding of DBS back to the same level in portfolio with slightly higher cash flow
ReplyDeleteuncle
ReplyDeletei just bought 500 share at 15.84
I iniitiated 700 shares at $15.8 using CPF OA. Slowly accumulate more if go lower
ReplyDeleteShould be done liao!
DeleteYou won!
CW,
ReplyDeleteLOL!
Never give qiang bei face.
One by one start coming in buying at better prices...
The one who buys at $15 and below for the win!
15 and below. you waiting?
Deleteyeh,
DeleteMy hands not itchy. Still early days. DBS breaking $15 is not that far off if STI breaks 2700.
This bout of volatility is not even close to the one we experienced end 2011 during the US fiscal cliff. There's also an off chance we may see 2008 all over again. Not a market call! Just saying...
Can't control; but can prepare.
As a trend follower, I rather buy on the way up than on the way down. My "ba wu" different from qiang bei.
He must have bought during the market opening BEFORE the RMB fixing and market suspension in China. Ouch!
Near daily high of $16.03 some more ;)
Well, you beat him at daily entry!
Well done :)
My next buy is probably at around STI 2650. Waiting to open by cash war chest. CNY depreciation Is causing the market turmoil. We have the makings of AFC again.
ReplyDeleteBanks r volatile during this period.
ReplyDeleteToday my hands v itchy like most on DBS n Ocbc, two strongest banks in the world. Almost hit buy at below 16 for DBS and Ocbc at below 8.4... then I ask myself again... m I sure. Inner voice never give me an answer.
I took few hrs break n go back focus on work. Once I forget everything about stocks, I m back again on the screen. This time Inner voice say don't buy bank stocks now!
For uncle, he wrestle DBS over the years via many many rounds. He know the temperament of DBS better than many retail investor.
So make sure dun follow blindly, which I know most pple understand but sometimes r so tempted. Health is more impt than wealth. When health is weak, mind is not as clear, this is the time to forget about wealth n stocks! otherwise it may weaken ur health further.
My way of thinking...