Recently, Warren Buffett announced that US stocks were very cheap and that he was buying aggressively again. Should you as an investor blindly jump in and take the cue from the world’s greatest investor and one of the world’s richest man? Yes and no. It all depends. First let me say that I am one [...]
From October 2007 to December 2008, stock markets around the world suffered their biggest fall since the great depression. The US Market (S&P 500 Index) fell 55%, Singapore and Malaysia fell 60%+ and China Stocks (Shanghai Composite Index) fell 70%. Stocks like UOB fell from $28 to $7 and Citigroup fell from $60 to less [...]
Imagine buying a stock that goes up by by 4-fold (400%), 5-fold (500%) and even 10-fold (1000%). These are called multi-bagger stocks. Stocks that go up 5-fold are known as ‘five baggers’ and a stock that goes up ten-fold is a ‘ten bagger’. Like legendary investor Peter Lynch said, to be a millionaire, all you [...]
Dear Friends It was great seeing so many of you at the Wealth Academy Expo! We had a sell out event with 1,300 people in attendance. The 2 full days were packed with amazing speakers that were made up of top professional traders/ investors, CEOs, economists, real estate strategists, investment analysts. The crowd got immense [...]
On Jan 24, I launched my book ‘Profit from the Panic- How to profit from the Worst Financial Crisis Since the Great Depression’. At the time, the US market (Dow Jones) had plunged from 14,000 points to 8,000 points (a 43% decline) and the Singapore market crashed from 3,800 points to 1700 points (a 56% [...]
Dear friends, I am pleased to announce that my latest book ‘Profit from the Panic’ was officially launched on 20 Jan 2009. Even before the launch, we have had sold hundreds of copies at our pre-launch phase. ‘Profit from the Panic’ was featured on prime time news on Channel News Asia. Check it out here… [...]
