I read an article from Straits Times under the "Review" section yesterday with great interest. It was entitled "Shopping does not bring you happiness, but a concert may". It was a wordy article so I almost wanted to brush it aside as I was too lazy to read a lengthy article at 11.30pm. However, a … Continue reading Material possessions won’t bring lasting happiness
Month: May 2011
Buy stocks like a businessman
"Investment is most prudent when it's most businesslike" - Benjamin Graham Investing in a company's stocks is the same as buying the business. Even if we are buying with a small percentage of our capital, we should research thoroughly into the company and value it as if we are buying the whole company. We should … Continue reading Buy stocks like a businessman
Psychology of Great Value Investors
1. Be disciplined Successful investors are very disciplined and they do not let emotions (eg. fear and greed) get in the way. They buy and sell on strict rules. Using a checklist on when to buy and when to sell will help to curb out the emotions and make us detached from our stock holdings. … Continue reading Psychology of Great Value Investors
U.S. hits debt ceiling
The United States government has officially hit the debt ceiling of $14.3 on Monday, 16th May 2011 (U.S. time). Treasury Secretary Timothy Geithner cited that he will suspend investments in federal retirement funds until August 2nd so that the government can continue borrowing. Beyond this period, the Congress has to either raise the debt ceiling or the … Continue reading U.S. hits debt ceiling
Update: HLS Order Book 1Q2011
HLS just released their 1Q2011 report yesterday. Their order book stands at S$307 million as of 31st March 2011. It mainly consists of the balance of work for Jalan Gali Batu Depot and Marina Coastal Expressway project. No new contracts were won from Downtown Line 3 project. I'm kind of disappointed with the order book … Continue reading Update: HLS Order Book 1Q2011