new investor

this article is only IN MY OPINION.

weijie called me for a drink @ 8.30 while i was in bugis area. the beautiful thing abt me is... Sui Chuan Sui Dao.

He jio me go Viliage for his dinner. (did i spell it wrongly?)

and intro me this black beer

he asked me abt some questions abt investment as he is interested.

Overall, i think u must have money, guts and patience.

Nowadays ah pek anyhow buy to earn easy money thus u must know how to exit to void these ah pek.

1) Guts - my brother got lots of them... He had been doing 3 days contra these few days. He does not have much capital but i believe he made abt 1k - 2k within this week.

2) Patience - If u buy something at high price, u need to have the patience to wait for the price to go up again. Else u will sell at loss

3) Money - in the event, u dont think the share is making money or contra failure, u must have money to cover up.

Things to take note while investing.
1) Is the share been speculate?
2) What is ur target growth / period of investment?
3) Is there any sector which is ur favorite?

Eg.
1) There could be internal news running but u dont know. Do u wanna try to take the risk? Is there bad news, like profit warning upcoming?

2) What is ur growth / period ratio? Eg. U intend to earn 5% within 3 mth

3) Normally if u in a sector, u will prefer to buy things in the sector.
Eg. I am in the computer line / i like gauges and computers, i may prefer shares like Creative, Brilliance, Microsoft (US), or even Apple (US).

Ultimately, its depend on ur risk.
Shares are for high risk ppl.
Contra-ing shares is for high risk ppl with lots of guts and yan guang + time

Shares is quite tiring lor. A bad report from all over the whole world, may affect your price. Who knows... Another 911 occur somewhere... or GDP says its a good yr

If u are middle risk, i advise u go for unit trust.
If u are low / no risk, keep in bank and earn 0.25% interest/yr