5 Million Dollars. 10 Years. This is the story of my journey.
I don’t know how to write this post without sounding like I’m boasting, so I’ll write it anyway. To make a long story short, after cashing out my investments recently, I am sitting on an amount of cash that qualifies me to be a premier/priority banking client in Singapore. Now, I know that premier/priority banking [...]
The Fortune magazine released their Best Stocks for 2009 list a few days ago. That reminds me of Fortune’s similar list for 2008. Let’s see how we’d do if we had followed Fortune’s list of “best” stocks for 2008, early in 2008. Here are their 2008 recommendations (if you can’t see the spreadsheet below, please [...]
They say nothing can go faster than light. I say 2008 has proven them all wrong so far, since my investments seem to have discovered faster-than-light travel to the wrong direction since early this year. I must have invested in a lot of tachyons or something. Geez. Bad attempts at making jokes aside–the fact is a lot [...]
David Shorr lost US$6 million just in one night. So amazing, isn’t it? Before I joined an investment bank myself, I thought that people in there were all super savvy with their money, managed their finances wisely, diversified properly, allocated their assets intelligently, etc., etc., etc. But as soon as I became one of them, [...]