Tips to invest during credit crunch

A lot of events had happened for the past few weeks and months. From sub prime issues to bank going bust and to recession (Singapore is in technical recession). I had seen many things; people starting to panic especially for those who invest, people selling all their shares and getting their fingers burned cause they had made a loss, people wait and see and people totally stop investing. All these are nature in life.

As for me regardless what the situation are like whether the economy are doing good or doing bad, always keep this in mind DON’T PANIC.

Why I'm saying this is because it's a cycle. There are always the ups and down in life same goes for the financial market. So here are the 3 tips for you pertaining to investment.

1. Stay invested
2. Dollar cost averaging
3. Diversify

At the same time avoid putting emotion cause you can’t time and predict the market. Another thing is if you want to invest, please invest for a long term about 5-10 years or even 10-20 years.

Penalty minimum of $1,000 for short selling

Hi guys! I have something to share especially if you're doing some trading in Singapore. My broker just inform me that there're some penalty charges upon short selling.

As what my broker emailed to me, he mentioned that from Thursday, September 25, 2008, short selling of shares listed in SGX, (sell share without owning the share in CDP) there will be a penalty fee of 5% of the value of the failed trade subject to a minimum of $1,000.

Well, I'll try to find out more details pertaining to these. Below I have provided a link for your information

http://info.sgx.com/webnewscentre.nsf/b9c790d0d5ba5d2548256dcf0049ce28/48256838002f07b1482574cc00444fe0?OpenDocument

I agree to what MM Lee says SWFs should not be lumped as a single entity

On Thursday, September 11, 2008, I was on the net surfing for some information pertaining to some earthquakes which happen in Japan and Indonesia. Instead of finding the earthquake news, I came across this article which is worth while to share with you. I do agree to what MM Lee mention in the press. Below is the link for you to read up.

http://www.channelnewsasia.com/stories/singaporelocalnews/view/375037/1/.html