A Newbie Guide to Investing

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(19-08-2014, 10:37 PM)Ferns Wrote:
(19-08-2014, 04:08 PM)Bubbachuck Wrote: Thanks mod. I'm lucky it was value investing that was first introduced to me and not the trader thing. [emoji6]

The first thing I learnt was forex with TA and I tried $100 on it. LOL. After I lost the $100, I learnt something. Leverage is bad!

At least the $100 wasn't wasted.

Edit: Leverage isn't all that bad, but the leverage that the forex offered was 10x to 400x. I tried 400x and lost badly, then I tried 10x and discovered I could hold a bit longer, then I lost.

I realized few years back that just working in the office will not get me rich. That I can only get rich if I do business or invest. I always wanted to learn about stocks but didn't know where to start. Until I found this "How To Make Your First Million Dollars In Stock & Property" Workshop by 8 Education in Groupon for only $20 with free lunch. It was a seminar regarding Value Investing conducted by Ken Chee. They were promoting books and a paid program. I didn't register to the paid program coz it's a bit costly for me. But I bought their books and started reading. Then I decided to try this Value Investing. Big Grin
Time to roll!!!
Reply
(19-08-2014, 10:37 PM)Ferns Wrote:
(19-08-2014, 04:08 PM)Bubbachuck Wrote: Thanks mod. I'm lucky it was value investing that was first introduced to me and not the trader thing. [emoji6]

The first thing I learnt was forex with TA and I tried $100 on it. LOL. After I lost the $100, I learnt something. Leverage is bad!

At least the $100 wasn't wasted.

Edit: Leverage isn't all that bad, but the leverage that the forex offered was 10x to 400x. I tried 400x and lost badly, then I tried 10x and discovered I could hold a bit longer, then I lost.

I realized few years back that just working in the office will not get me rich. That I can only get rich if I do business or invest. I always wanted to learn about stocks but didn't know where to start. Until I found this "How To Make Your First Million Dollars In Stock & Property" Workshop by 8 Education in Groupon for only $20 with free lunch. It was a seminar regarding Value Investing conducted by Ken Chee. They were promoting books and a paid program. I didn't register to the paid program coz it's a bit costly for me. But I bought their books and started reading. Then I decided to try this Value Investing. Big Grin
Time to roll!!!
Reply
Never stop reading for any new insights and experiences. Besides, we read also to keep us "in line" or from astray (read not losing money). NLB and Internet are my university - for people like me who is not supposed to know anything about investment. And anywhere that i can learn - like here.
My 2 cents.
WB:-

1) Rule # 1, do not lose money.
2) Rule # 2, refer to # 1.
3) Not until you can manage your emotions, you can manage your money.

Truism of Investments.
A) Buying a security is buying RISK not Return
B) You can control RISK (to a certain level, hopefully only.) But definitely not the outcome of the Return.

NB:-
My signature is meant for psychoing myself. No offence to anyone. i am trying not to lose money unnecessary anymore.
Reply
Never stop reading for any new insights and experiences. Besides, we read also to keep us "in line" or from astray (read not losing money). NLB and Internet are my university - for people like me who is not supposed to know anything about investment. And anywhere that i can learn - like here.
My 2 cents.
WB:-

1) Rule # 1, do not lose money.
2) Rule # 2, refer to # 1.
3) Not until you can manage your emotions, you can manage your money.

Truism of Investments.
A) Buying a security is buying RISK not Return
B) You can control RISK (to a certain level, hopefully only.) But definitely not the outcome of the Return.

NB:-
My signature is meant for psychoing myself. No offence to anyone. i am trying not to lose money unnecessary anymore.
Reply
Hi buddies,

Another newbie question. If the company is being acquired by another company, does it mean that the company is being privatized?
Time to roll!!!
Reply
Hi buddies,

Another newbie question. If the company is being acquired by another company, does it mean that the company is being privatized?
Time to roll!!!
Reply
Nope. F&n got takeover by tcc, yet it remains listed on sgx. Privatization specifically refers to being delisted from all stock exchanges.
Reply
Nope. F&n got takeover by tcc, yet it remains listed on sgx. Privatization specifically refers to being delisted from all stock exchanges.
Reply
(23-08-2014, 10:29 AM)thor666 Wrote: Nope. F&n got takeover by tcc, yet it remains listed on sgx. Privatization specifically refers to being delisted from all stock exchanges.
Ok. Got it. Follow-up question on privatization. If the company you're holding is being privatized, what would happen to your stocks? Would it be forced sell to the owner automatically at a given price. What is the process?
Time to roll!!!
Reply
(23-08-2014, 10:29 AM)thor666 Wrote: Nope. F&n got takeover by tcc, yet it remains listed on sgx. Privatization specifically refers to being delisted from all stock exchanges.
Ok. Got it. Follow-up question on privatization. If the company you're holding is being privatized, what would happen to your stocks? Would it be forced sell to the owner automatically at a given price. What is the process?
Time to roll!!!
Reply
(23-08-2014, 11:08 AM)Bubbachuck Wrote:
(23-08-2014, 10:29 AM)thor666 Wrote: Nope. F&n got takeover by tcc, yet it remains listed on sgx. Privatization specifically refers to being delisted from all stock exchanges.
Ok. Got it. Follow-up question on privatization. If the company you're holding is being privatized, what would happen to your stocks? Would it be forced sell to the owner automatically at a given price. What is the process?

The "Compulsory Acquisition of Minority Holdings, Section 215 of the Companies Act", which had been commonly referred by buddies in take-over discussion. Big Grin
“夏则资皮,冬则资纱,旱则资船,水则资车” - 范蠡
Reply
(23-08-2014, 11:08 AM)Bubbachuck Wrote:
(23-08-2014, 10:29 AM)thor666 Wrote: Nope. F&n got takeover by tcc, yet it remains listed on sgx. Privatization specifically refers to being delisted from all stock exchanges.
Ok. Got it. Follow-up question on privatization. If the company you're holding is being privatized, what would happen to your stocks? Would it be forced sell to the owner automatically at a given price. What is the process?

The "Compulsory Acquisition of Minority Holdings, Section 215 of the Companies Act", which had been commonly referred by buddies in take-over discussion. Big Grin
“夏则资皮,冬则资纱,旱则资船,水则资车” - 范蠡
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Nice. Thanks Mod. I'll take a look.
Time to roll!!!
Reply
Nice. Thanks Mod. I'll take a look.
Time to roll!!!
Reply
(23-08-2014, 11:08 AM)Bubbachuck Wrote:
(23-08-2014, 10:29 AM)thor666 Wrote: Nope. F&n got takeover by tcc, yet it remains listed on sgx. Privatization specifically refers to being delisted from all stock exchanges.
Ok. Got it. Follow-up question on privatization. If the company you're holding is being privatized, what would happen to your stocks? Would it be forced sell to the owner automatically at a given price. What is the process?

It depends on the mode of privatization. In a successful scheme of arrangement or compulsory acquisition, your shares can be acquired or cancelled for cash. In the case of a voluntary delisting, you will still hold on to your shares if you do not accept the delisting offer (but unlisted shares are not liquid).
Reply
(23-08-2014, 11:08 AM)Bubbachuck Wrote:
(23-08-2014, 10:29 AM)thor666 Wrote: Nope. F&n got takeover by tcc, yet it remains listed on sgx. Privatization specifically refers to being delisted from all stock exchanges.
Ok. Got it. Follow-up question on privatization. If the company you're holding is being privatized, what would happen to your stocks? Would it be forced sell to the owner automatically at a given price. What is the process?

It depends on the mode of privatization. In a successful scheme of arrangement or compulsory acquisition, your shares can be acquired or cancelled for cash. In the case of a voluntary delisting, you will still hold on to your shares if you do not accept the delisting offer (but unlisted shares are not liquid).
Reply
Hi everyone, I am a newbie to both value investing and the ValueBuddies forum, and I think there are much to learn from I read through the threads and comments from everyone.

I do have some newbie questions which I do hope some of the buddies could help me with:
  • How much time do you take to evaluate one stock / company
  • How do you screen for suitable stocks?
  • Do value investors actually use DCF to value a stock / value to arrive at its intrinsic value?

Thanks in advance for your time! Smile
Reply
Hi everyone, I am a newbie to both value investing and the ValueBuddies forum, and I think there are much to learn from I read through the threads and comments from everyone.

I do have some newbie questions which I do hope some of the buddies could help me with:
  • How much time do you take to evaluate one stock / company
  • How do you screen for suitable stocks?
  • Do value investors actually use DCF to value a stock / value to arrive at its intrinsic value?

Thanks in advance for your time! Smile
Reply
(27-01-2015, 08:32 PM)oyanren Wrote: Hi everyone, I am a newbie to both value investing and the ValueBuddies forum, and I think there are much to learn from I read through the threads and comments from everyone.

I do have some newbie questions which I do hope some of the buddies could help me with:
  • How much time do you take to evaluate one stock / company
  • How do you screen for suitable stocks?
  • Do value investors actually use DCF to value a stock / value to arrive at its intrinsic value?

Thanks in advance for your time! Smile

Let me start the ball rolling.

[*]How much time do you take to evaluate one stock / company
As much as to feel confident on the company. It might take days for some, but there is no obvious disadvantage for those take months, IMO.

[*]How do you screen for suitable stocks?
I screen from SGX announcements, but it shouldn't be the only way.

[*]Do value investors actually use DCF to value a stock / value to arrive at its intrinsic value?
DCF is only one approach. There is no restriction on retail investors, to use more than one approach for valuation.

Wish you all the best in your value investing journey, and all the best for VB experience too. Big Grin
“夏则资皮,冬则资纱,旱则资船,水则资车” - 范蠡
Reply
(27-01-2015, 08:32 PM)oyanren Wrote: Hi everyone, I am a newbie to both value investing and the ValueBuddies forum, and I think there are much to learn from I read through the threads and comments from everyone.

I do have some newbie questions which I do hope some of the buddies could help me with:
  • How much time do you take to evaluate one stock / company
  • How do you screen for suitable stocks?
  • Do value investors actually use DCF to value a stock / value to arrive at its intrinsic value?

Thanks in advance for your time! Smile

Let me start the ball rolling.

[*]How much time do you take to evaluate one stock / company
As much as to feel confident on the company. It might take days for some, but there is no obvious disadvantage for those take months, IMO.

[*]How do you screen for suitable stocks?
I screen from SGX announcements, but it shouldn't be the only way.

[*]Do value investors actually use DCF to value a stock / value to arrive at its intrinsic value?
DCF is only one approach. There is no restriction on retail investors, to use more than one approach for valuation.

Wish you all the best in your value investing journey, and all the best for VB experience too. Big Grin
“夏则资皮,冬则资纱,旱则资船,水则资车” - 范蠡
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