When even CSers are starting to jump on the bandwagon, you know it's about time to cash out and head for the hills.
However, those who bought during that period would have earned alot!
Anyway, the subprime did many of us a favour by showing us the "true" value of the many stocks... i find some stocks seriously over priced...
I suggest you read up more before you jump in, you can easily lose big bucks if you don't know what you're doing. Don't be in a rush and start to buy only when you feel you're ready with the necessary info.
For a start, you might want to check out http://forums.sgfunds.com/. Its a singapore based investment forum.
You can also consider buying into unit trusts and index funds if you are not totally confident of buying into individual stocks yet. It lowers your risk significantly as you're buying into a basket of stocks.
correction is coming liao arr... dun get caught pants off.
2nd line of resistance coming in.
big boys will be doing a show soon.
When market is so hot, more and more people will be lured to play shares. Making money is so easy as seen by many here. Some of our brothers here make $1K per day. Really good money to finance your camera hobby or some other stuff.
Like I said in another thread, don't buy to support those already in!
Share market in Singapore is getting interesting now as compared with before, and many new comers would be attracted to it. However, like any other form of investment, u need to read the companies that u want to put yr money in (most listed companies got website with their recent financial data), and determine the time window of yr investment. (1 day, 1 month, 5 years etc.)
I think its important to go in understanding the risks involved. Buying shares doesnt mean you'll definitely make money from shares, although the current speculative market certainly imply so.
But when the markets turn around and you see your investments suddenly drop to half, run also no time. Its happened before and it'll definitely happen again. So pls do your homework before you buy.
for a start u can read this
IMO, most important thing for investment/trading is the ability to cut losses...... many know what it is but very few actually practice it.
Knowing when to take profit is easy... even those aunties, uncles, grandmothers all know how to take profit. But cutting losses is painful. Master it and you'll be on your way to becoming a good trader/investor.