shares is to earn dividend and capital appreciation. buy those shares who will give out dividends and likely to appreciate. for a newbie, suggest you buy blue chips for a start and use your cpf instead of cash first. you can use 40% of your cpf to invest in shares though. also you need to read and listen to news almost everyday, to see the market direction and bad news of course.
Originally posted by Rooney9:I dun believe in this. warren buffet is in his 70s and yet he is a high risk taker. textbooks said people in their retirement age should not expose themselves to so much risk. so what say you about this. same with diversification. warren does not recommend diversification actually. some professors even said diversify is actually bad, as it exposes you to even more risks. ironic right to what the textbooks had written.
warren buffet can be a high risk taker but can everyone have the foresight and be as smart as warren buffet?
Originally posted by BanguIzai:warren buffet can be a high risk taker but can everyone have the foresight and be as smart as warren buffet?
he is not the only old man in that category of course. what i m saying is risk profiling, dun read too much into it.
Originally posted by Rooney9:he is not the only old man in that category of course. what i m saying is risk profiling, dun read too much into it.
ok
Originally posted by Rooney9:shares is to earn dividend and capital appreciation. buy those shares who will give out dividends and likely to appreciate. for a newbie, suggest you buy blue chips for a start and use your cpf instead of cash first. you can use 40% of your cpf to invest in shares though. also you need to read and listen to news almost everyday, to see the market direction and bad news of course.
How do you know what shares give out dividends?