This week, we are very please to introduce Blackjack ..
Investideas: You have a very special nick. Why are you using this nick and what does it mean ?
It came naturally to me, as I have been using this nick since my school days, on top of several others. I felt it was also quite befitting for an investment forum as it denoted what I thought about blackjack – A game of observation, skill, emotions and tons of luck. Blackjack actually holds many other meanings as well.
InvestIdeas: What can you tell us about your background ?
I have a Civil engineering degree from NUS. It was my intention to become a civil engineer since my younger days. Well, fate has it that I changed my mind and I signed on as a uniformed regular after I graduated instead. I am now in the financial industry, as an operations analyst for one of our 2 local SWFs.
InvestIdeas: How long have you been investing / trading ?
Since mid 2006. I didn’t have a clue back then, so I started off with unit trusts.
InvestIdeas: What is your Investment Strategy ?
I suppose investment strategy precludes trading. My style is closer to value-based than growth. Typically dividends constitute an important part of my consideration as I believe this component provides an underrated potential outperformance in the long term.
Another thing I look at is the sentiments at any point, which one can gather quite easily. The benefits of buying in doom and gloom is really remarkable, as long as one can reign in his/her fear.
InvestIdeas: What are your favorite books on trading/investing?
I don’t have any favourite books, though I try to read up on different views as much as possible.
InvestIdeas: What are your investment vehicles ?
Only SGX counters, none others for the moment.
InvestIdeas: What has been your best investment so far?
My best investment has got to be Longcheer, when I was still new to the market. I lost quite an amount on this, considering I did not have substantial savings to start with. (I just finished my tuition fee loans from uni back then)
Why was it the best? Cos I took in the lesson and was serious with my money later on, forming many important thought processes in the later stage. I had other lessons of less severity after that, but overall I must say it was a good 4 years till now. I feel I have walked away feeling much richer. (Both in terms of experience and pocket)
US Equities – Higher Lows and Higher Highs on low volume, Still keeping my Inverse ETF