Short post on what I read

Few days ago, a blog reader whatsapp with me
and asked whether I still read those stock investing
and trading books, now that I am also involve in
property. This is quite an interesting question as
the reader believe that I don't need and won't
read any books on stocks anymore.

Basically, I love to read and I try to read as many
books I can if possible. I will read, if I am not that
tired, a book for about 30 mins to an hour before
I head to bed. Frankly, I won't be able to remember
the entire portion that I read, but as long as I can
get the main gist out of the reading, the purpose
is fulfilled. Oh ya, I don't like to read ebooks and I
love the feeling of holding a physical book to read.
I belong to the old school when reading is concern.

If you are asking me whether I still read those stock
related books, then the answer is a confidently Yes.
I have a good collection of the stock investing and
trading books and I constantly re-read them time
after time. Each time when I go through an old book,
I seem to learn or relearn or even unlearn something
out of it. The same book can be a different feeling
and meaning at different phrases of your life, and
that is how I feel with each book. Although I can say
that I know roughly what is happening with Mr Market,
I continue to learn, re-learn and un-learn everyday.
We are all so fortunate that our libraries carry so
many good books but again, unfortunately not all
of us love the wonderful smell of the books and of
course the amazing knowledge and know-how that
come with it.

Nowadays, I read all sort of books, excluding novel
which I really can't appreciate, from stocks, property,
inspirational, and even sales and marketing books.
I try to read as much as possible as per my time
allow and then starts to implement or put them into
practice and use it to my advantage. If you think
that by reading, then your life will become better,
then you better think again and again and it will
not happen. You need to act, take action, and work
on it, use it and fine tune it and improve it, then
only it will become better for you. There is a
chinese saying, 坐言起行, meaning you should
act upon what was being discussed or said while
you are sitting down in a conversation. I say
坐读起行, take action of what you have read
while sitting down. 8-)

Oh ya, tonight there is the Propnex Consumer
Empowerment Seminar being held at Kallang
Theatre from 7pm. If you somehow can make it
tonight, I still have a few tickets left and I hope
to put them to good use. Contact me at 97509878
if you can make it and collect the tickets from
me tonight at the event itself.

Market View

Ok, someone posted the below comment on
Saturday morning,"
Anonymous said...
You can always give Longkang stocks like POSH
again so that I can short on CFDs..."
When POSH went down last week, I received
many whatsapp and sms asking what happened
to the stock? Actually, did anything really happened?
No, nothing fundamental reported on the stock
but it is only falling together with the rest of the market.
Most readers who bought POSH will be in around
the 1.15 level and suffering about 10cts paper losses now.
If you ask me for an opinion of the stock now,
I really see nothing bad fundamentally, did you?
The market is going through a normal pullback and
not a crash as some readers asked me last week.
Frankly, I really cannot see anything "big" coming.
Sometimes, you just have to take a risk, if not,
then please put your money in the bank deposit
or a fixed deposit account. The stock market is not
for everybody definitely.

As usual, look for those stock with strength in this
pullback and be prepared to ride though the occasional
rough patches along the way.

You know, I like to work with people having the same
frequency or thinking, and not some who only like
to complain and whine like a loser.
道不同， 不相为谋, as simple as that.