Many people practice Dollar Cost Averaging (DCA) down, but do people practice averaging up? To begin, DCA up is a practice to purchase share at a higher price than you already bought in order to achieve a larger position in your portfolio. Averaging up is a more sensitive issue which many people did not advocate because people simply…
Month: June 2012
Initiating a commodites position – Boom or doom?
It was 9.am in the morning as I checked into my Singapore account. The previous night DJI slumped to 250 basis points as Moody downgrades the grades for up to 15 banks. How will STI perform today? I believe everyone will agree that valuations for some of the blue chips that we have here is…
Dividend – Your Crossover Point
Are you a dividend investor? If so, what is the desired outcome that you wish to achieve at the end of the journey? The goal of every dividend investor is to accumulate a portfolio of dividend income producing stocks, mostly defensive in nature – which would in turn give out dividend income to investors….
Oil Price Down = Buying Opportunity for Transportation?
Commodity Oil has been pushed lower in May due to weak market sentiment of the economy, sending the price from 100+ level to around 90. With oil beginning to show some kind of weakness, we might see a buying opportunity in transportation related stocks such as SIA, Tiger and Comfort. SIA closed at 10.10 today,…
The Richest Man in Babylon ~ Verdict
The richest man in Babylon I was reading an article by Dennis Ng on “The Richest Man in Babylon” and some of his thoughts and while I thought some of the strategies were pretty obvious to everyone, it is still a good refresher even for myself from time to time. 1st Strategy —Save at least 10% of your income In the book The…