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https://www.cnbc.com/2024/04/10/majority-of-people-in-singapore-positive-on-the-economy-surveymonkey.html
Singaporeans are bullish about economy.
No worries our shop will be visited.
Question is what stock to load up and fill the shelves.
Trade with bullish sentiments
Singaporeans are bullish about economy.
No worries our shop will be visited.
Question is what stock to load up and fill the shelves.
Trade with bullish sentiments
The other portfolio we can use to stock up our shop is the Temasek investment portfolio. When they release results for FY ending 31 Mar 2024, should be very good short term and long term.
So, buy Temasek stocks and keep long, long time.
Invest with Temasek
So, buy Temasek stocks and keep long, long time.
Invest with Temasek
The VIKINGS - fearless warriors. Fearsome.
What can we learn from the peoples descended from the VIKINGS?
What kind of stock should we accumulate in our shop?
Have you heard of Norges Bank Investments??
They invest oil dollars for Norway.
And they do not buy Norwegian stocks. Only international ones.
What do they buy?
A list is available on their website. No trade secrets. Check it out if interested.
Do they invest in Singapore?
They sure do! I won' t be surprised if some companies in Singapore are partly owned by Norges Bank Investment.
I am not promoting the VIKINGS or Norges Bank Investment. What I am doing is to try and find a benchmark for the type of companies or stock that we may want in a portfolio.
The rest is up to us to choose what we want in our shop after consulting with our benchmark.
Invest with benchmarks
What can we learn from the peoples descended from the VIKINGS?
What kind of stock should we accumulate in our shop?
Have you heard of Norges Bank Investments??
They invest oil dollars for Norway.
And they do not buy Norwegian stocks. Only international ones.
What do they buy?
A list is available on their website. No trade secrets. Check it out if interested.
Do they invest in Singapore?
They sure do! I won' t be surprised if some companies in Singapore are partly owned by Norges Bank Investment.
I am not promoting the VIKINGS or Norges Bank Investment. What I am doing is to try and find a benchmark for the type of companies or stock that we may want in a portfolio.
The rest is up to us to choose what we want in our shop after consulting with our benchmark.
Invest with benchmarks
Why are some of Indian descent such good investors and business owners? There is a saying what happens when Indian footballers representing their country get a corner in a football match?
They set up shop.
So in this corner, let me set up a shop analogy to illustrate trading stocks.
When we buy stock for our shop, regardless of any types of merchandise, we always note their price at which we bought, and stick a sale price some 10-20% above our cost on each item. Let' s say we do this for the 100 items we sell at our shop.
As the days go by, and we run our shop, people come in and go out, assuming they don' t steal, we should be making a profit as they buy our stock. For each item we sell, we are making 10-20% due to our mark up.
However, as a fact of life, some things we bought will not sell at our asking price after a long time for various reasons. What do we the shop-keeper do for these stock?
We lower our price.
Still no takers... ...
We lower again.
Nobody wants?
Sell to Ganang guni for 90% loss.
What if he also don' t want?
Offer free as part of a sale.
Still nobody?
Pay someone to dispose... ...
Meanwhile, will my shop survive?
That will depend on whether my other stock sold covers my losses for some of these obsolete stock.
Applied to trading and investing:
1) Have a diversified stock base. Not just one stock, because if that does not sell, strike three, you are out!
2) Cut your losses early. Sell even at a loss, before you may even have to pay to get rid of the stock (negative pricing as we recall in oil futures 4 years back!)
3) Do not be fixated on the profit and loss of particular stocks. It is the whole shop' s overall stock profits that will eventually count.
Trade stocks on the markets as we do in a shop.
They set up shop.
So in this corner, let me set up a shop analogy to illustrate trading stocks.
When we buy stock for our shop, regardless of any types of merchandise, we always note their price at which we bought, and stick a sale price some 10-20% above our cost on each item. Let' s say we do this for the 100 items we sell at our shop.
As the days go by, and we run our shop, people come in and go out, assuming they don' t steal, we should be making a profit as they buy our stock. For each item we sell, we are making 10-20% due to our mark up.
However, as a fact of life, some things we bought will not sell at our asking price after a long time for various reasons. What do we the shop-keeper do for these stock?
We lower our price.
Still no takers... ...
We lower again.
Nobody wants?
Sell to Ganang guni for 90% loss.
What if he also don' t want?
Offer free as part of a sale.
Still nobody?
Pay someone to dispose... ...
Meanwhile, will my shop survive?
That will depend on whether my other stock sold covers my losses for some of these obsolete stock.
Applied to trading and investing:
1) Have a diversified stock base. Not just one stock, because if that does not sell, strike three, you are out!
2) Cut your losses early. Sell even at a loss, before you may even have to pay to get rid of the stock (negative pricing as we recall in oil futures 4 years back!)
3) Do not be fixated on the profit and loss of particular stocks. It is the whole shop' s overall stock profits that will eventually count.
Trade stocks on the markets as we do in a shop.