Lately, I've been attending investment courses at Singapore Stock Exchange, which is besides Lau Pat Sat, a 24-hours food market where you can find affordable local and international food in the financial district. Some courses at Singapore Stock Exchange are free but for most of the courses, you have to pay. Course fees can range from $10 to few thousands dollars. Most of the time, I only pay $35 for the courses. Although lessons are conducted in the evening from 7pm to 9pm or 10 pm, I always feel excited to attend these finance courses. I enjoy reading history, human behavior and about the world, I think finance is something I want to do something for life.
I feel exhilarated whenever I'm in the central business district. I can feel the dynamic pulse of the city in Raffles place, the heart of Singapore finance. This place gets me excited and happy.
Now economy is not exactly great. But its an opportunity to pick up some cheap blue chip stocks. As the Chinese saying goes, ???,????. When there is crisis, there is opportunity. Currently, there are many good stocks that are undervalued. However, one must be prepared to hold for long to reap the fruits and not worry unduly due to the fluctuation in share price during this recession period. Of course, its easier say than done. That's why its important not to invest all your cash. Currently, I'm holding 3 stocks which are in the red which somehow dampen my mood. Nevertheless, I believe it will rise as I didn't buy it when its was at its peak in 2013. Well, at least I receive about 5% dividends for two stocks. I do believe the share price will rise but it takes time.
My philosophy is never buy the stock when it is high as I want to have a margin of safety. Also only invest with money you have. I'm prepared to hold for long until it reach my target price. I give myself until end of this year to see if my analysis is right. I do hope its right so it can finance my overseas finance course next year. I intend to pursue a 6-month postgraduate finance course in an overseas university mainly to travel and to learn. I decided to give myself a good rest after working hard for 10 years.
If you want to attend investment course at Singapore Stock Exchange, you can visit the Singapore Academy website here.
Nearest MRT: Raffles Place MRT
Singapore Stock Exchange, a gleaming tall building.
Outside Singapore Stock Exchange
This tall gleaming building is Singapore Stock Exchange.
Inside Singapore Stock Exchange.
Waiting for the course to start inside the academy room.
Carnival organised by Singapore Stock Exchange outside Ngee Ann city. I received a free book on investment.
SGX Academy website. Click here to access.
EmoticonEmoticon