Saturday, February 25, 2012

Singapore - World's 3rd Richest Country

According to this report, Singapore now is ranked the 3rd richest country in the world, based on a per capita GDP of US$56,649, just behind Qatar and Luxembourg, ahead of Norway, Brunei, UAE, USA, Hong Kong, Switzerland, The Netherlands, Australia, Austria, Ireland, Canada and Kuwait.  France, UK, Italy, Germany, Japan, & South Korea are not even in the top 10 list.

Thursday, February 23, 2012

Mind Your Land Banking Investment

It is reported in today's news that Edgeworth Properties, a Canadian land banking company, has filed for bankruptcy protection.

Edgeworth came to the InvestFair at Suntec around 2009/10, and they were marketing their land banking investment to Singapore investors at that time.  Each plot of land went for around US$10,000.  Their land is in the province of Alberta, a province thriving with activities of oil sands.  I was quite tempted to make that investment at the time, but then based on the principle that don't put all your eggs in the same basket, and considering I already have one land banking investment and still yet to see any good outcome, I decided not to.

Looking back, it was really lucky that I didn't make that investment, otherwise, my money might be gone by now.

The moral of the story is that:  If you want to invest in something, make sure you have some good knowledge about what you are investing, and must know the company that you are dealing with.  Well, you can never be 100% sure, but then at least it will help you minimize your potential loss.

Happy investing! 

Saturday, February 11, 2012

Invest Wisely in 2012 with Dr Alexander Elder

This morning, I attended an investment seminar with Dr Alexander Elder at Marina Bay Sands Convention Center.

Dr Elder shared with the audience some interesting perspectives.

1. Valuing  shares is like valuing your house.  How do you know what price your apartment can command?  Probably you will look at the price of the one above your floor, the one below your floor, and then you take an average of the two.  Moving average is like the average of your house price.  If share price is above the moving average, then you know now it is above its value.  Quite an interesting analogy.

2. When looking at a stock, always look at it in 2 time frames, for example, weekly & daily charts.  Use weekly chart to get the big picture, then daily chart for buy/sell decision.

3. Risks:  Information risk vs money risk.  Information risk refers to information on which direction the stock will go; money risk refers to your target price and stop-loss price and size.

4. We are now in the early phase of the 3rd stage of the recovery story.  This is the best stage and stock prices will soar.

There were other presenters at the seminar too.  One is Mr Joshua Tan from Phillip's Security.  He depicted a gloomy picture of 2012, reason being Euro Zone's debt crisis, China's slow down, and the fake American recovery.  In Mr Tan's opinion, the good news coming out from USA has already peaked.  QE3 will come no matter what.

The seminar came at a price of S$48 at the door, S$38 if you purchased the ticket online.  There are many other options, including a bring-a-friend price of S$18.  For me, I paid S$28 after a S$10 discount by Phillip's Security.

This seminar definitely is interesting, but at S$28, it is slightly on the high side of cost.  Anyway, my objective is just to see Dr Elder in person and listen to his talk.  Objective achieved :)

Sunday, February 5, 2012

Microstock: Photo in Use

When I was reading some financial blog today, I chanced upon an advertisement for male hair removal.  Somehow it looks a bit familiar to me.  At a close look, the photo was actually taken by me.  It is one of my microstock photos done many years ago.

This is the advertisement:

This is my original photo:

Now you know how 'true' those advertisements are.  The model didn't do any hair removal, just naturally hairless.  Anyway, it is interesting to your own photo in use, and you will just admire how creative some people are in this wonderful world :)