About Singapore Invest Fair 2016- dudunginside.blogspot.com

Finally I met one of my idols at Invest Fair held at Suntec City. The legendary investment expert Jim Rogers, who co-founded Quantum Fund with George Soros was the key-note speaker for yesterday event. I woke up early to listen to his speech which started at 10.30am. Alas, there were many people attending his talk and all the seats were filled at the centre stage so I had to stand at the side but the sound system was bad and I could hardly hear what he said except he talked about agriculture and China. 

Fortunately in the afternoon, Jim Rogers with three other investment experts like Roger Montgomery, Song Seng Wun (Straits Times like to seek his views on economy) and Chan Kum Kong from Singapore Stock Exchange shared their views in the Market Outlook 2017-Opportunities and Risks at 3pm. To secure the seat at the centre stage, I waited for the event at 2.30pm. This time, the sound system is much better. Well it seem like most of them are quite pessimistic with 2017 to 2018. Cheap stocks could be cheaper. It seems many are still cautiously optimistic. Nevertheless, Arnold Gay asked what advice would they would give to young people, Jim Rogers gave 2 advices. He advised young people to save money and be farmer. He also shared it would be important to be able to converse in Mandarin. He emphasized China Mandarin and not Singapore Mandarin since most Singaporean Chinese mix Mandarin with English. 

He believe the 21st century will be the century of China. I brought his three books like Street Smarts: Adventures on the Road and in the Markets, A Bull in China and Adventure Capitalist. So far I only completed reading Street Smarts and he shared that his daughter started learning Mandarin when she was young. Now her daughter who is enrolled in Nanyang Primary School, a school that is strongly rooted in traditional Chinese values and cultures, is very fluent in Mandarin. In the morning, he showed a video of his daughter speaking Mandarin. 

Jim Rogers is now residing in Singapore as most Singaporeans Chinese speak English and Mandarin and he want his two daughters to be conversant in both English and Mandarin.

Jim Roger is deep in thought.

Sharing by Geoff Howie from Singapore Stock Exchange.

He like to wear white.

SGX Pavilion

Jim Rogers and his daughter Happy.

About Singapore Singapore Stock Exchange- dudunginside.blogspot.com

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.

 Lau Pat Sat operates 24 hours daily and sell affordable local and international food in Singapore financial district.

 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.