WEALTH & FREEDOM AC88

Dow Bear

2010-07-15T09:23:00.000-07:00

http://sg.finance.yahoo.com/echarts?s=^DJI#chart3:symbol=^DJI;range=1d;compare=;indicator=volume;charttype=area;crosshair=on;ohlcvalues=0;logscale=off;source=

Dow is certainty facing a resistance to reach 10500 :)
Had unloaded some shares on monday and tuesday. Maybe this is pure luck . Profit will be invested in my prada :) sale

clash of the markets

2010-05-20T13:46:00.000-07:00

Dow Jones

Straits Times

Hang Seng

10,068.00

-376.36 _(-3.60%)

2,754.60
-19.97 _(-0.72%)

19,538.00
-40.82 _(-0.21%)

Markets are dropping ...... It may be a good idea to short some stocks .... by relative strength index, genting is to its 50 . so it may be a 50% bet as the last high was 70 .
let it be a day of sell high buy low . Is this calculated gambling ? :)

2010-05-19T19:39:00.000-07:00

STOCK NAME	QTY	AVE COST PRICE	COST	VALUE	P/L	P/L(%)
AIMSAMPIREIT	20000	0.215	300.00	4,200.00	-100	(-2.3256)
COURAGE MAR	17000	0.22	740.00	3,230.00	-510	(-13.6364)
LIPPOMAPLET	9000	0.48	320.00	4,050.00	-270	(-6.2500)
POPULAR	14000	0.185	590.00	2,100.00	-490	(-18.9189)
STARHUB	4000	2.185	740.00	8,800.00	60	0.6865
SAIZEN W120602	20000	0.825	,650.00	1,500.00	-150	(-9.0909)
UOB-KAY HIAN	2000	1.39	780.00	3,060.00	280	10.0719
POPULAR rights	5000	0.13	650.00	750.00	100
				27,690.00

	Total Unrealized P/L(SGD): -1,080.00

unseen profit	smrt	600
	healthway	500
	tiger	200

dividends		???

Crtical Insurance

2010-04-25T10:23:00.000-07:00

I have always been interested insurance ...... currently found the cheapest insurance in town
http://www.income.com.sg/insurance/safracare/index.asp
Pros :
1)cheapest critical cover .....

Ease your burden with affordable premiums

With premiums starting from as low as $2.50* monthly, this affordable plan provides the necessary coverage and helps put your worries away.

* Insured before 45 years old at sum assured of $10,000.

12.50=50k

2)Receive additional hospitalisation cash benefits

Apart from the distress of seeing a loved one in hospital, the loss of income and high medical costs may add to the financial burden of your family. SAFRA Living Care provides a hospital cash benefit of $50 per day for $50,000 sum assured due to illness or injury, up to a maximum of 365 days per confinement in Singapore.

Cons :
1) Age limit : 65 max :(
2) no cash value but better than ilp

Bear ambush

2010-04-15T04:07:00.000-07:00

It has been 3 days of rise in STI
Today fall may be a result of profit taking . consolidation may be taking place .
Reverse may result sti to fall back 100 points ?

Index Value:	3,016.94
Trade Time:	5:10PM SGT
Change:	2.80 (0.09%)
Prev Close:	3,019.74
Open:	3,032.03

Warrants

2010-04-05T09:33:00.000-07:00

I have been looking at saizen reit for some time due to fellow blogger AK and Momo :)
However I have yet to vest in the stock as I may be cash tied to buy 20 -30 lots.
After seeing momo bought a number, it gave me an idea to buy some too.

Its written as SaizenREIT W120602 :
W means warrant
120602 is the date

SAIZEN REIT W120602

Last Date/ Time to submit Subscription Notice 2 JUN 2012 05:00 PM
Listing Date 5 JUN 2009
Expiry Date 2 JUN 2012
Outstanding Balance 493,430,362
Price ($) as at 2010-04-01 0.075
High for the year ($) 0.095
Low for the year ($) 0.065
High for the month ($) 0.075
Low for the month ($) 0.070
Exercise Price SGD 0.09000
Underlying Stock SAIZEN REAL ESTATE INV TRUST
Underlying Stock Price ($) as at1 2010-04-01 0.165
Conversion Ratio 1 share(s) : 1 warrant(s)
Cash ($) 0.000
Premium/(Discount) (%) (Cash) -0.00
Premium/(Discount) (%) (Bonds)
Gearing (x) 2.20
Remarks

I realized that it may be a good way to leverage as I will have a fixed deposit maturing in a years time . Also it will be a safe move as if the company will to foreclose, only the price of the warrant rather than the foreclose price will be lost

Disadvantages will be we need to exercise the stock before execution date and not entitled to dividends.

However I have yet to check on the commission payable to broker on
buying the warrant
exercising the warrant

Dr Alexda Elder Quotes

2010-04-03T21:42:00.000-07:00

You can be free. You can live and work anywhere in the world,
be independent from the routine and not answer to anybody.”

You can succeed in trading. It has been done before, and it’s being
done right now, today, by people who started from scratch, learned to
trade and are making a good living at it. The best ones make fortunes.
Others fail, out of ignorance or lack of discipline. If you work through
this book, ignorance will not be a problem, and you will hear me yell
at you again and again, pointing you towards disciplined, responsible,
professional trading.

Anewcomer to the market faces three paths that lead into a forest
full of treasures and dangers. The first path, for investors, goes
through the sunniest areas. Most of those who take it come out alive,
if not much richer. Another path, for traders, leads into the heart of the
forest. Many travelers disappear, but those who come out look rich.
The third is a shortcut that takes gamblers into the swamp.
How can you tell which path is which? You must choose your way
carefully because if you don’t, you’ll end up on the gamblers’ path,
especially since it crosses both investors’ and traders’ trails. We’ll return
to this question in the chapters on trading psychology.

From this 3 paragraphs written by Elder made me understand that one can be financially free but need to plan well, be disciplined and cautious . I hoped to be the trader someday to be in the heart of the forest :)
currently still trying to finish reading his book

Dividends

2010-03-28T23:23:00.000-07:00

I have a new thought of buying stocks the past few days. If a stock like singpost is able to pay us 60dollars of dividend per year , this means we are able to rest one-two day from work depending on one"s expenditure .
A small plan towards financial freedom :)

A Singaporean Stockmarket Investor (ASSI): Replies from AK71: Rupiah and REITs.

2010-03-28T03:43:00.000-07:00

A Singaporean Stockmarket Investor (ASSI): Replies from AK71: Rupiah and REITs.

Why Investing Regularly is a good learning process

2010-03-27T23:06:00.000-07:00

Averaged Regular Investment should a good learning process for new or low capital investors.
(1) It reduces the risk of investors of timing
(2) It induces a good saving habit
(3) It allows time for new investors to learn more about a market before committing a larger amount of money
(4) It allows you to follow up with the salesperson or broker that sells you the product or stock.

I will have a numeric illustration

The process of regular investment leads to an effect called pound/cost averaging, which is explained below:

Month Price of Share/Fund ($) Lump Sum ($) Shares Bought Regular investment ($) Shares Bought

Month	Price of Share/Fund (£)	Lump Sum (£)	Shares Bought	Regular investment (£)	Shares Bought
Jan	10	3600	360	300	30
Feb	10.5	-	-	300	29
Mar	9.5	-	-	300	32
Apr	9	-	-	300	33
May	8	-	-	300	38
Jun	8.5	-	-	300	35
Jul	9	-	-	300	33
Aug	11	-	-	300	27
Sep	12	-	-	300	25
Oct	13	-	-	300	23
Nov	11	-	-	300	27
Dec	10	-	-	300	30
Total	-	3600	-	3600	362
Average price per share	-	10	-	10	-
End value	-	3600	-	3622.34	-

Average price per share - 10.00 - 10.00 -
End value - 3600 - 3622.34 -
As you can see the amount invested ($3,600) and the average price paid per share ($10.00) is the same for both investments. However, as the regular investor was buying shares at differing values throughout the year, the overall effect is that the regular investor has more shares and—even though the share price is the same at the end of the year as at the start—has more money.

Remember also that if you have a lump sum and decide to drip feed your money in through regular investments, the money that isn’t invested each month can still be earning interest in a bank account. Even with interest rates at their current historic lows this will still offer some cushion against market falls.

Many stockbrokers allow you to set up a regular investment scheme. These allow you to drip feed money into your chosen investment and usually have a much lower trading commission than for normal lump sum investments.

Most fund providers also allow you to set up a regular savings scheme to build up holdings in their funds. Many offer this service with a reduced level of required initial investment.

Budgeting

2010-03-26T10:15:00.000-07:00

Budgeting is a need for every individuals. It allows you to look at the amount left for savings, investing or entertainment.

One may one to start up with saving 50%
Budgeting starts from daily expenditure . Food, transport, internet, hand phone bills
Calculation monthly of fixed expenses
: HAND PHONE (60)
: INTERNET (30)
: TRANSPORT (180)
: FOOD (300)
PER MONTH 600
PER DAY 20
Thus this transit to fixed expenses of 20 per day
Example individuals with $1000 per month one can still left with
1000 - 600 = $400 for cashflow remained on variable expense or investment
assuming saving of 50% and 50% for variable entertainment(lottery, dating and good food)
one still can save 200 dollars per month
results should get savers to increase their cashflow remained on % saved and decreased their % spent

What to do with the 200 saved or 50% of net cash remained? we shall discuss again
:)