Wednesday, September 22, 2010

Patience

I thought when PAP government announce the new property measures, stock market will fall somewhat. Well, I am wrong. The market continues to rise and breached 3100. I believe stock market will continue run as long people believe economy is in good shape.

I am in steel business and demand for steel has stabilized and I don’t see it reaching 2007 level anytime soon. But stock market is approaching 2007 level. To me, stock market should stay stagnant or going sideways not going up. What I miss here?

What I learn most from my meagerly experiences of trading or investment is patience. Understanding the stock market and learning technical and fundamental analysis are musts in trading or investing stocks. But without patience, you may buy high and sell low. Once you adopt a strategy and set the goal, you must be patient and wait for it. In my case, I’ll continue to wait for First Reit.

Thursday, September 9, 2010

Steady Performance

I have been following First Reit for quite some time and I had never invest it because I don't want too much exposure in Indonesia since I have Lippo Maple and I also have Plife in the portfolio. But I think I made a grave mistake. Let's take a look of First Reit.

 
As we can see, it's performance is very steady and I should have invest it long ago. First Reit latest dividend is 1.92 cents and with share price of 0.87, it's annualized yield is 8.8%. And gearing is at 15%. First Reit fits my criteria so I'll buy it if share price falls to 0.85.

Thursday, September 2, 2010

Inception

After Dark Knight, I noticed its director, Christopher Nolan, and he is really good. His latest work, Inception, is the best movie I seen this year, but unlike Dark Knight, it got no moral of the story. To me, it's pure entertainment so I like Dark Knight more.

If you are confuse with the level of dreams, please go below link.
http://www.cinemablend.com/new/An-Illustrated-Guide-To-The-5-Levels-Of-Inception-19643.html

Now here is link that looks at five ways to interpret the movie.
http://www.slate.com/blogs/blogs/browbeat/archive/2010/07/20/five-ways-of-looking-at-inception.aspx

The more I think about the movie, the more I believe in theory 2 that Cobb is the subject and the team is trying to get him back to reality. Besides the points mentioned in the link, I would like to add the following points to this theory:

1) The purpose of Cobb wants to go home is to see his children, but why the children can not come to see him? Go home is also a repetitive theme in the movie. Seeing children is the catalyst for the team to get Cobb back to reality.
2) The top topples because Cobb is so deep in the dream that he believes he is in reality. In order for him to go home, he must realize that he is in a dream. That's why the top never stops at the end scene, but it looks like it will topple at the very last second.
3) Lastly, the movie is a big hit, how can they not making a sequel.