MoneySIFU, you are 70% cash right now meaning you have been a net seller for past few weeks assuming your portfolio is a large one. Are you expecting market to have major correction soon? What is your view?
Thank you, sales, but I don't possess good writing skills, so all I can do is to copy & paste the news in the newspapers to share with all members in i3.
Excellent sharing. You are a good investor with many good treats such as humility, following a proven process of investing, understand the role of luck, and good in risk control, etc.
Welldone Moneysifu! However, I have a question, are you wealthwizard? You always in the same ship as wealthwizard, just like ekovest, cab and also Gkent.
We started to have email conversations after Ekovest, I did recommend him to look into SSteel, AWC & EG, but he prefer to go for CAB, which he convinced me with his calculation & projection.
optimus9199, thank you for linking me to WealthWizard & trusting me for having that kind of money power to manipulate share prices of Gkent (1.5bil) & Ekovest (2.9bil)
---------------------------------------- optimus9199 MoneySIFU = I amGoogle= wealth wizard = total liar...looked how he fooled investors at Gkent and Ekovest with his sweet words. Nothing better than KYY... Luckily.I was not fooled by this old Fox. 14/04/2017 00:10
B Graham and Value investors very popular around here , isn't it.?
I suppose we can all put the financial information in a spread sheet, apply a magic formula, and puff, out comes the answer...............and wait, and wait and wait for the magic formula to work its magic.
But B Graham died a long time ago, even before there is the internet.
Nobody dreams of using a horse carriage travelling to work, but people don't mind being suckered...if it is about a possibility for some money.
On stock picking, if I am to recommend one guru, one tip, it would have to be William O Neal and his CANSLIM....go google it your self
On the objective of all good strategies........don't get killed if wrong, makes a killing when right. If you can do that, you can be rich as KYY.
All chemical reactions need a catalyst. Have you got a catalyst? How strong is the catalyst? Is it reliable, dependable? Got a sponsor/ sponsors?
I will end this with 3 quotes from him..................
Quotes
"Since the market tends to go in the opposite direction of what the majority of people think, I would say 95% of all these people you hear on TV shows are giving you their personal opinion. And personal opinions are almost always worthless … facts and markets are far more reliable."
"The whole secret to winning and losing in the stock market is to lose the least amount possible when you're not right."
"What seems too high and risky to the majority generally goes higher and what seems low and cheap generally goes lower."
well done Moneysifu, just wondering about your comment on the handsome return with icap, a bank FD would have also given you that handsome return without the risk.
Hi Godevil, ICap performance is as good as FD, I have no idea how dare TTB compared his company's performance to Berkshire Hathaway, but thanks god for they never make me loss my money.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
myongcc5
708 posts
Posted by myongcc5 > 2017-04-13 20:54 | Report Abuse
moneysifu, ur too humble, I see u as a pro