Tips on speculative investing

A reader was impressed with the profit that I achieved on my speculative portfolio. He asked if I can give a talk on investing. He will be interested to attend. He had invested before, and lost money on stocks.

I wish to share some tips.

a) My positive investment result is largely based on luck. I made profits on two investments, namely Country Garden and Tesla. In both cases, I bought the shares after they have fallen more than 40% from their recent peak. I was fortunate that they recovered, due to some positive news. It could have gone the other way.

b) I am still holding to two stocks that showed bad results, namely Sinopec and Koh Brothers. In the case of Sinopec, I am holding it for the dividend yield of 10%. I expect Koh Brothers to report good results from their current projects and to recover. But this is speculative.

c) I used Google to look for “Share price of (name of counter)”. It give me the price chart for various durations (1 day, 1 year, 5 year, maximum). It also shows the PE ratio and dividend yield. It also provides links to analyst reports and financial news on the company. I read these reports before deciding on the investment.

d) For shares that perform badly, I am prepared to take a long term view, e.g. if it gives a good dividend yield (like Sinopec).

e) I was confident about Tesla, in spite of the many negative analyst reports because it has good customer rating on their electric vehicles and their gigafactory is highly automated. My hunch turned out to be right. It could have gone the other way.

When a person speculates on stocks, it could turn out to be right or to be wrong. So far, it turned out to be right for me. I do not consider it to be based on skill. It is really a matter of luck.

But there is one fundamental point. You should speculate only with spare cash. You should not speculate with money that you cannot afford to lose. You should not speculate on leverage, i.e. borrowed money). If the market turns against you, you should have the holding power to ride over a bad market.

If you are still interested to attend a talk, send an email to [email protected] I will organize one, if there are sufficient people who are interested.

 

Tan Kin Lian

 

 

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10 Responses to “Tips on speculative investing”

  • TruBlu:

    Do not speculate if you dont have SPARE CASH TO LOSE.
    There are countless of sharks out there waiting to devour you.
    Examples are your brokers n the others are the powerful institutions who operate in sync somehow or other?

    Retail speculators tend to be losers mostly.

    If you can,DONT SPECULATE.
    IF YOU INSIST ON TAKING RISK,DO LONGER TERM INVESTMENT.

    SPECULATION IS MOSTLY A LOSING GAME FOR SMALL RETAIL PLAYERS WITH LIMITED RESOURCES.

    SAVE YOUR LITTLE MONEY IBSTEAD OF LETTING IT GI INTO THE SHARKS’ MOUTHS.

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  • Dear Mr Tan:

    I hope you have a relevant licence, or you are not violating some financial regulations. Most likely the former.
    I hope you are not like some PAP RC/CCC members. Many SME bosses offer their time and maybe money (to buy buffet) to chair in these Committees.
    They do that for altruistic reasons to “return” to society? or are they there to build relationships and win contracts, public or private?
    If they are there solely for fame, popularity, nothing else, I think it is ok, though some other people may disagree.
    Did you sponsor some food in a Hong Lim Park rally some time back?

    Remember your time as PAP member, serving GCT and Marine Parade Constituency.
    GCT encouraged investments in stock market in the early 1990s, PAP gave out a few free Singtel shares to Singaporeans.
    Then Singaporeans rushed in and made money and then almost all newbie retail investors lost money.
    The road to hell is paved with good intentions.

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  • patriot of TUMASIK:

    Ahhhhh!!! the new PUNDIT in investment…Cynical Investor, you have Tan Ahhhh!!! as a partner leh!!!

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  • Art of Investing,where is "F"?:

    By the time Mr. Tan do all above, my high frequency trade algorithms already got the answer in a few milliseconds. Inclusive of analytical studies of all data across the board and risks probabilities with the best option AND orders executed!

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  • Toto:

    Why punt when one can earn directly and sirely using own two hands deliverying excellent work or products?

    Even at 9pm the ToTo shop still long queue today. Most sinkies cannot retire and money no enough. They are easy prey for GET RICH QUICK SCHEmes all over singapore.

    Absolute Poverty of Courage and Money.

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  • Joe:

    I always tell friends that toto.result already

    Out and then put into computer again to get location

    Of draw that will take place.//computer can never calculate

    Before any outcome b4.6.30pm or 6.31pm etc…(every sec.result changes)

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  • UNCLAIMED WINNINGS:

    Sing Poo says every year millions of unclaimed winnings into the hundred of millions!

    I just wondering if TOTO kena kelong.

    Ownselves make ownselves WIN BUT NO ONE KNOWS?
    So put under unclaimed winnings to avoid punters’ suspicions

    Last time 5 out of 45 top prize.
    Now make it harder 6 out of 49.
    Even USA easier n only 5 nuumbers still and bigger prize.

    Why Sing Poo need 6 out of 49?
    And last time 50 cts for ordinary n $3.50 for dystem 7.
    Now pay more !

    As usual,what is wrong with collecting more money from sgs.

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  • as bad as lky lies:

    there is one rule in life.

    if it is sure to make money, NOBODY tells you unlike you are spouse parents siblings relatives very good friends.

    when someone broadcast to you money making schemes, special insights, sure to win stock market techniques, sure as sunrise that person is a liar up to no good but just want to harm you.

    because if it is sure to make money, he won’t tell you but will corner making all the money there is to be made.

    in other words tan kin lian is no different from the lies of pap lky. harmful and full of BS. in short, as harmful as lky lies.

    GD Star Rating
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  • 4 Minutes To Save The World:

    They say that a good thing never lasts
    And then it has to fall
    Those are the the people that did not
    Amount to much at all

    Dear Mr Tan:
    I hope you have a relevant licence, or you are not violating some financial regulations. Most likely the former.
    I hope you are not like some PAP RC/CCC members. Many SME bosses offer their time and maybe money (to buy buffet) to chair in these Committees.
    They do that for altruistic reasons to “return” to society? or are they there to build relationships and win contracts, public or private?
    If they are there solely for fame, popularity, nothing else, I think it is ok, though some other people may disagree.
    Did you sponsor some food in a Hong Lim Park rally some time back?

    Remember your time as PAP member, serving GCT and Marine Parade Constituency.
    GCT encouraged investments in stock market in the early 1990s, PAP gave out a few free Singtel shares to Singaporeans.
    Then Singaporeans rushed in and made money and then almost all newbie retail investors lost money.
    The road to hell is paved with good intentions.

    GD Star Rating
    loading...
  • MarBowling:

    Tan Golden Chain = Warren Bluffer of SinKapore.

    GD Star Rating
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