Wednesday, October 31, 2012

Forex Wealth Foundation - FX1Academy Mario Singh

One day course on Forex Wealth Foundation at Expos - Mar-2012

Intro to Mario Singh and FX1Academy
Forex Basic
Basic Money Management
FXPrimus - 7 reasons why it is best broker
FX Waves
Central Banks Interventions
Outlook 2012
Forex Live Experience (F.L.E.X),  Quad4X
 - Weekly Market Outlook
 -  Live Trading Room
 -  Live Coaching
Silver Membership + FX1 Traders Vault   (S$98/mth for min 6 mth)
Gold Membership + SMS Trade Alerts  (S$128/mth for min 6 mth)

Special bonus for attendee:  12-mth option pay only 9-mth (25% disc - 3mth)
Silver S$882 and Gold $1,152

Singapore - Judy Wong, Mohammad Faizal, Ricky Lum, John Thong, Kelvin Koo Kiat Hoong, KC Wong, Jason Pang, Alex Lee, Yoong Chi Keen, Richard Wong, Jack Wong, Bernard Lee
Malaysia - Lee Kar Seng, Ryan Ser Soon Hua, Affendi

FX Market Outlook Q4 - DBS FX

Date:          31 Oct 2012, Wednesday
Time:          7.00pm - 9.00pm (Registration & refreshments start at 6.30pm)
Venue:        STI Auditorium, Level 9, Capital Tower, 168 Robinson Road,

FX Market Outlook Q4 and Beyond - by DBS FX Vickers Securities

Arrived at 6.35pm and two pretty ladies from DBS registering. About 80 attended.

Simple refreshment with only carrot cakes, chicken wings and panda cake plus water, tea or coffee. Good enough for a simple dinner.

7pm - 720pm
Opening Address by Eddie Ng, Vice President, Derivatives DBS Vickers
Introduction to DBSV Derivatives suites of products and services.
For FX trading platform minimum deposit is S$5,000 with minimum contract size at 10k, (0.1 lot).
plus 24 x 5 voice broking help desk.

An Overview of the Global Financial Landscape in US and Europe by
      John Carter - Global Managing Editor of MNI Deutsche Boerse Group (News provider)
      Attendee can sign up for a free two months trial on the news service.
    §   A look at 2012
    §   Analyse the impact and correlation of important economic indicators

Outlook of the Asian and Major Currency Pairs  by
     Philip Wee, Senior Vice President - Group Research DBS Bank
   §    Short- and long-term predictions
   §     Identify key factors and how they signal price changes to the currencies
   §     Identify rewarding FX trading opportunities
  1. Most of the major Asian cur ex-Japan against SGD are heading downward except for the Indian Rupee
  2. German election in Sept or Oct 2013
  3. Changes in Germany constitution requires a referendum, may have approval problem - depending on who is elected
  4. China new badge of leaders will be announced in 2 weeks time  
  5. From technical analysis, USD/SGD headed downwards at every end of QE
  6. From the trend channel, USD/SGD may trend down to as low as 1.168 going forward
  7. USD/JPY looks bearish
  8. SGD is likely to post another record high in 2013
 840pm - 9pm  Q & A session

Tuesday, October 30, 2012

Hu Li Yang - ShareInvestor Conference Sep-2012

Shares Investment Conference  Sep-2012     S$75  (Phillip Client S$20)
Date:  September 1 [English]    September 15 [Chinese]
Time:      9:00am - 7:00pm
Venue:    The Rock Auditorium, Suntec City Level 3 Singapore

Featured Speakers:
Jim Rogers
Legendary Investor, Best-selling Author, Chairman of Rogers Holdings and Beeland Interests Inc., Co-founder of the Quantum Fund
Mike Bellafiore
Author of "One Good Trade: Inside the Highly Competitive World of Proprietary Trading",
Co-founder SMB Capital
Professor Chan Yan Chong (曾渊沧博士)
MBA Programme Director, City University of Hong Kong
Hu Li Yang (胡立阳老师) 
Adviser to Taiwan’s Ministry of Finance Securities Commission and Secretary-General of Taiwan’s Securities and Futures Institute
Key Sessions:
  • The World Tomorrow and How Jim Rogers Sees it
    Jim Rogers
  • 2013 - What Happens Without A Euro?
    Panel Discussion: Jim Rogers, Mike Bellafiore, special guests
  • Investing in Today’s Crazy Market
    Jim Rogers
  • Beat the Market with One Good Trade
    Mike Bellafiore
  • 全球股市经济何去何从
  • 2013年—全球经济新格局
    小组讨论: 曾渊沧博士,胡立阳老师,黄伟杰
  • 全球经济危机里的新机会

Organised By: Presented By: Supported By:



亚洲股神胡立阳: 谈论量价关系


Sunday, October 28, 2012

To Trade or Not To Trade - Alexander Elder

Alexander Elder on “To trade or not to trade” on 11 Feb 2012. 

The first session on Saturday morning was held at Marina Bay Sands and was attended by a crowd of more than 800 people.

The session also included a market outlook segment given by Joshua Tan from Phillip Securities, and a brief introduction to warrants given by Henry Ng from Macquarie.

Dr Elder was given two hours to complete his presentation “To trade or not to trade”.

The first question that Dr Elder posed was whether anyone could become a successful trader. He commented that those people who had addiction problems, or were very obsessed over every single cent, or were impulsive should not trade.

Trading by itself is not intellectually difficult. But once money is involved, it becomes emotionally very difficult. Whatever your weakness is, the market will find it and hit at it. If you are fearful, the market will make you afraid and if you are greedy, the market will exploit your greed.

It is better for someone new to trading to do it part-time while still keeping his or her day job. A beginner does not really need live data as he can trade using a longer time-frame. In fact, using live data should only be used by the professionals. Looking at live prices can induce impulsive trades, which is a bane to any traders.

Dr Elder then started showing some charts (he relies on technical analysis more than fundamental analysis) to give a rough idea of some of his methods and thinking.

Not to be confused by all the charts, one point he made that stood out was that the best trading decisions are usually negative decisions. ie deciding not to do anything. You might look at ten charts and eight of them do not trigger your buy or sell condition. In those instances, you should not do anything. You only act when your chart tells you to.

A lot of amateurs make the mistake of looking a chart, and then trying to decide whether to take a long or short position based on what they see. Often, doing nothing might be the best policy as you really only want to take trades that have a high probability of success.

Dr Elder ended his talk by answering some questions and giving a 1-minute recap of some important points in trading.
  1. Keep a trading journal.
  2. Know the difference between price and value.
  3. Look at the chart of a longer time frame to decide your overall strategy before looking at the shorter time frame chart to make your tactical decisions.
  4. Risk no more than 2% of your risk capital on every trade.
  5. Stop trading for a while if you have a 6% drawdown on your capital.

TRADE Like A Pro - Sundarajoo Spinks Asian Investment

TRADE LIKE A PRO - by Spinks Asian Investment,  Krishna Sundarajoo.

Preview on 28July12  @ 2pm - 4pm at 50 Scotts Road, Level 1.

Learn Secrets of the trade from Krishna Sundarajoo who has been in the derivatives market for over 36 years. He is sharing his wealth of knowledg with capable and interested individual.

2-Day Forex course on 25th to 26th August 12 (9am - 5pm) at  S$1,800

p/s:  It appear to me that it may be his first workshop.

Saturday, October 27, 2012

Ashraf Laidi - City Index

29-Sep-12 Sat 930am-12pm at York Hotel

Ashraf Laidi is Chief Global Strategist at City Index/FX Solutions, focusing on foreign exchange and global macro developments pertaining to central bank policies, sovereign debt and intermarket dynamics. Ashraf had served as Chief Strategist at CMC Markets, where his insights on currencies and commodities won him several #1 rankings with FXWeek and Reuters. He had previously worked as FX Analyst at MG Financial Group and analyst at the United Nations, monitoring multi-currency global bond and equity portfolios. He also pioneered online FX analysis by creating the first 24-hour currency portal, coinciding with the inception of the euro in January 1999. Other experiences include bond analysis at Reuters and sovereign risk with the World Bank.Ashraf is author of "Currency Trading & Intermarket Analysis". He is fluent in English, Arabic, French, and Spanish. His insights can be found regularly on CNBC TV, Bloomberg, Financial Times, and the Wall Street Journal.

Correlation between stocks indices and currency pair
AUDUSD - Dow Jones and SPX

Indicator to predict next H4 candle:
Stochastic (9,3,3) on H4 or 240M with 50D, 100D and 200D MA cross over

Silver supported 27.80 - 28.00 and  long term target  43.00 to 48.00

Gold Investment - The Gold Guarantee (Beware - Scam!) Jan-2014

Click LIKE to Follow us at Facebook

The CEO Lee Song Teck is the number 1 wanted man now in Singapore since Jan-2013.

Name: Lee Song Teck
NRIC: S7804667H
Last Known Address: 29 Lorong 1 Realty Park Singapore 536952

News in chronological order:

15/1/2014 - Still missing uncontactable!


The Gold Guarantee Singapore- CEO LEE SONG TECK

Hundred investors at Hong Lim Park on The Gold Guarantee scam


The Gold Guarantee Investigation Extends To Affiliated Companies

CAD’s investigation into gold buyback firm The Gold Guarantee has been extended to 6 other affiliated firms.  The 6 companies are:
  • Asia Pacific Bullion Pte Ltd
  • Singapore Precious Metals Pte Ltd
  • The Discovery Group Pte Ltd
  • Emperor Grand Pte Ltd
  • SG One Pte Ltd
  • The Gold Treasury Pte Ltd
 CAD’s FAQ on the investigation into The Gold Guarantee has been updated with the following information.
Q. I am a customer of a company affiliated with The Gold Guarantee Pte Ltd. Is the CAD investigating companies affiliated with The Gold Guarantee Pte Ltd?
A. As part of the investigation into The Gold Guarantee Pte Ltd, the CAD is also looking into the business practices of some companies which are affiliated to The Gold Guarantee Pte Ltd. The companies are Asia Pacific Bullion Pte Ltd, Singapore Precious Metals Pte Ltd, The Discovery Group Pte Ltd, Emperor Grand Pte Ltd, SG One Pte Ltd and The Gold Treasury Pte Ltd. We are not at liberty to comment further on the details or scope of the investigation.
It was also reported on Channel 8 news on 14th April 2013 that The Gold Guarantee’s founder Lee Song Teck is still missing and he has owed credit card debts amounting to more than $150,000.


Beware of The Discovery Group, Lee Song Teck!

Mr Lee Song Teck, 35

Bachelor and only child of pig farmers. His father, a gambler, died when he was 17.

Took over family's animal pharmaceutical business when he was 20.

Used to be a property agent. Ran a fitness centre, property investment seminar business and gold trading firm, Gold Guarantee, which is being investigated by the Commercial Affairs Department.

Listed as director of The Discovery Group, which offers "long-term holiday products".

Lives in a corner terrace house in Hougang. His mother bought it for $1.2 million in 2004 and it was worth about $4.5 million in 2012, he said in a previous interview.

Drives a $1 million Bentley sports car, which he called his "dream car", and BMW 5 series model.

Invests in real estate and gold: His gold investment portfolio was reportedly worth $30 million in 2012.

First Singapore property investment was a shophouse in the Golden Mile Complex.

Owns property in commercial building in Tianjin, China, an apartment block in Central London and commercial units in Kuala Lumpur.

The Consumers Association of Singapore said he has been uncontactable since January this year. The New Paper also tried to contact him, but could not reach him. His disappearance left clients - some of whom invested more than $1 million in gold - stranded.

The employee promised to "save" customers stuck in timeshare-like contracts, for a fee.

But it seems that that promise was just bait to hook customers into spending more money on the company.

Customers forked out between $200 and $14,000 more, but said they ended up being stuck with bigger problems.

At least 11 people have complained to the Consumers Association of Singapore (Case) about the company, The Discovery Group, between February last year , when it was set up, and June.

Consultant Mark Lau, 31, was one of them. His headache started in 2008, when he filled in a survey while shopping at Orchard Road.

A phone call followed, then he sat through a sales pitch for "good deals" on airfare and hotels abroad, and forked out $5,000 in membership fees to a company called Discovery VIII, all on the same day.

"They urged me to sign up on the spot and said I would get a free trip to Krabi," Mr Lau said about the five-year membership.

"It was the complete package, including airfare, hotel, tour. I was swayed."

But he did not get to claim the free trip, via a $1,000 e-voucher, because the prices of redemption items listed on the website "were just too exorbitant", said Mr Lau, who could not remember the exact pricing.

Headache number two followed in 2010, when he tried to book hotel rooms in Hong Kong.

The membership entitled him to a 70 per cent discount, but Discovery VIII staff quoted $300 for one night's stay.

"It was a crazy sum," Mr Lau said. He was so fed up, he did his own booking instead - for $150.

More headaches and heartache followed last June, when someone from The Discovery Group called him about "corporate restructuring".

Mr Lau went to the office, determined to end the agreement.

But staff persuaded him to transfer his membership to the parent firm and he inked a new agreement, worth $9,000. The bait this time: His membership would be rented to others, so Mr Lau would get his money back.

Mr Lau, who is single, jumped at what he thought would be a lifeline for recouping his investment.

"They said there would be three payments in all and promised it would cover all the money I had paid so far," he said.

He paid $4,000 upfront. The balance would be deducted over the next two years.

Regretting the move later that day, Mr Lau went to Case and found, to his horror, that there was little redress.

Since The Discovery Group is considered a "long-term holiday product" company rather than a timeshare one, it is not regulated under the Consumer Protection (Fair Trading) Act, Case told him.

Its executive director Seah Seng Choon said: "Case has urged authorities to include long-term holiday products under the Consumer Protection (Fair Trading)(Cancellation of Contracts) Regulations 2009, as they have operations similar to that of a timeshare company... This will further enhance protection for consumers under the law."

But for the layman, it can be difficult telling timeshare companies from "long-term holiday products" as they operate similarly.

Lawyer Luke Lee of Luke Lee & Co. said that for long-term holiday products, the difference lies in the customer selling his or her agreement to the parent company "so his interest is no longer in a timeshare contract, and therefore, he is out of the protection of the Act".

Mr Lee added: "I believe this is a way for old timeshare companies to exploit the loophole and get back in the business."

Mr Lau is resigned to his $9,000 loss - the equivalent of two months' pay. The third of four children is keeping mum over the matter, so his elderly parents will not fret.

Hoping his experience will prevent potential victims being snared, Mr Lau added: "It's been a very expensive lesson. There should be tighter controls over such companies. It'll be even better if timeshare-related firms can be phased out completely."

The New Paper also understands that more than 100 complaints were made against The Discovery Group - and predecessors like Discovery VIII - from as early as 2002.

Case sent out two alerts about the firm last June and October.

It also negotiated with the company to include a five-day cooling-off period for new customers.

But this did not apply to Mr Lau because he had signed up just before this was agreed upon.

A check with the Accounting and Corporate Regulatory Authority (Acra) showed Mr Lee Song Teck to be The Discovery Group's director.

Gold Guarantee

He is also the man behind defunct gold trading firm Gold Guarantee.

When TNP visited The Discovery Group's Boat Quay office address, the second-storey shop was shut. There was a sign with the name Gold Guarantee fixed to the wall. The place looked deserted, with dead leaves outside the glass door.

od restaurant said the office has been shut for more than two months.

When asked if Case was taking any action against the company director, Mr Seah said that Case was unable to do so as Mr Lee Song Teck has been uncontactable.

Lawyer Luke Lee recalled only one case when a timeshare company director was successfully prosecuted, in 2005.


Gold trading firm’s founder ’uncontactable’

INVESTORS who have poured large sums into a local gold trading company are growing increasingly concerned over the fate of their investments.

They say The Gold Guarantee's founder and chief executive, Mr Lee Song Teck, has been uncontactable since he sent out an e-letter on Jan8, which detailed the company's future.

The letter had announced a merger between The Gold Guarantee and Asia Pacific Bullion, a metals trading company, also owned by Mr Lee.

He said in the letter that as part of the process of restructuring and transition, all transactions would be put on hold from Jan9.

The Gold Guarantee, however, would honour its payments to clients after the merger.

The company offers an investment scheme whereby investors buy gold at a premium and receive monthly payouts, depending on how much clients invest.

Clients can elect for the company to keep possession of the gold, and get a higher payout. This, after they buy into the scheme through agents who earn a commission.

Both The Gold Guarantee and Asia Pacific Bullion are listed on the Monetary Authority of Singapore's (MAS') Investor Alert List of unlicensed entities wrongly perceived to be licensed by the regulator.

MAS had earlier clarified that it does not regulate schemes that involve investors acquiring direct ownership of physical assets, such as property, gold, art or wine.

One customer of The Gold Guarantee, who did not want to be named, visited the firm's shuttered office in Boat Quay after hearing on Monday that the firm had run into problems.

The 40-year-old, who works in the service industry, said she invested $189,000 in 2kg of gold last month, but does not have physical possession of the gold.

She said she opted for a "safekeeping receipt" instead, as her agent told her she would receive a higher monthly payout that way.

"I've been calling the agent who sold me the investment scheme but she hasn't been answering calls since Monday night," she said.

An agent who declined to be named said that he last saw Mr Lee at The Gold Guarantee's office on Jan8. He added that agents had met the firm's management team on Jan 9, but Mr Lee was absent. But he had apparently spoken to some agents on the phone from Kuala Lumpur.

The Straits Times understands that on Jan12, some agents tracked down Mr Lee in Malaysia. He asked them to "give him some time" to settle things.

Other agents met Mr Lee's mother at his corner terrace house in Hougang on Saturday, but she said she did not know of his whereabouts.

Meetings with customers were set up for Monday, but again, Mr Lee did not appear.

It is unclear how many customers The Gold Guarantee has, but it seems to be business as usual for Asia Pacific Bullion. When The Straits Times phoned Asia Pacific Bullion's office, a female staff member who answered the call said it was a different company from The Gold Guarantee, and that she was unsure whether Mr Lee was uncontactable.

About five worried and irate clients turned up at the shuttered office of The Gold Guarantee when The Straits Times visited yesterday. Some also turned up at Mr Lee's home in Hougang.

A client in his 50s, who only wanted to be identified as Mr Ng, was spotted outside the home yesterday afternoon. "This is the fourth time today that I have come by," he said in Mandarin. "I will continue to come every day until I get an answer."

No one answered the door and Mr Lee's phone was engaged when The Straits Times tried to reach him.

Police declined to comment when asked if they had received any reports about The Gold Guarantee.

This incident comes after another gold trading company, Genneva, left more than 10,000 investors stranded last year. Genneva is being investigated by the Commercial Affairs Department (CAD) for financial improprieties.

Last October, Mr Lee offered Genneva customers a rescue plan through The Gold Guarantee and Asia Pacific Bullion. Some investors are known to have taken up his offer.

The Consumers Association of Singapore (Case) says it received 37 complaints against the gold trading industry last year.

From Jan 1 last year up until yesterday, nine complaints had been made against The Gold Guarantee, mainly for misleading claims, or imposing penalties when clients want to cancel investments during the cooling-off period.

Case executive director Seah Seng Choon noted that most of the reports are not under the association's purview as they are related to gold investments which it cannot take up{942054502-15869-7047480344}

3Oct12  7pm-9pm at 42A Boat Quay  CEO Lee Song Teck

"Savers are losers" - Robert Kiwasaki
as Inflation kills savers

Why Rich gets Richer?  They make money works harder for them

3 ways to make money works harder:
- Business but needs Ideas
- Properties but needs capital
- Paper assets thru trading, stocks, CFD, Derivatives, margin) but needs skill and experience

Previous metals - Gold
- no need ideas, no need skill, moderate capital, minimum risk
- prestige, symbol of wealth, more than just commodity
- physical asset, nothing more secure than holding on to a physical asset
- mine supply in anticipated to decline
- portfolio diversification
- billionaires (George Soros, Paulson, Jim Rogers) and institutions are buying
- gold trading in Singapore set to get boost as exampted 7% GST tax

Free Charting on Gold -

Downside risk on Gold:
- FED stop printing money
- China and India stop importing gold
- Euro crisis stablilise
- Recession reduce inflation rate

Method to own Gold:
- ETF,
- paper Gold investors
- physical Gold Bullion

- No leverage, fiancing cost
- Storage
- Longer time
- No dividend

TGG Gold Investment package:
5.1% discount payable monthly for 3 months (1.7% cash back monthly)
Capital protect as guarantee buy back at selling price on end of third month

Eg  100g of gold bar selling pirce now at S$10,000.
Client will get $170 per month for three month.
and end of third month client surrender the gold bar and get back S$10,000.

The gold bar market value for buying is S$8,000 and selling back is S$7,000.

So the maximum rish the client bear is around 30% assuming client holding on the gold bar and price stable at end of three month.

29Sep12 at Conrad Hotel

Every one gets to attend free and no need to pay $197. So what is SI of SPH doing and claiming in this email? Joining the Scam? Sigh! Many attended because of advertistment in SPH newspaper. It turn out to be a Gold Sales Event.

First Speaker, I learned quite a lot from this Gold Agent of Malaysia with proper slides. Towards the end he is being cornered by us as to what is his intension of getting us to attend this seminar  

Second speaker the lawyer never turn up. Instead a so called very rich property Investor ( a second man turned rich from a bankrupt owning 50 properties now. First man Robin Ho, a remisier ) to share his experience to get rich in Property Investment. Motivation ? Another PCN to entice people to attend his education class. Oh No. Very rich man do not need to teach in classes! I left half way.   

Unhappiness boiled up. Many of them come here to seek hopeful legal advice from lawyer as they are now being CON into the Gold Business. They are clusters of people outside the Seminar room chatting how much they are involved, mainly retiree, housewives, and the greedy, 

This is a crisis playing at the moment in the market , after the mini-bond. Watch the outcome, learn something from the cases......the Gold Label, the Genneva, the Gold Guarantee etc.

A new scheme coming up. 'Investing' in Bridging Loan. This is another new business model scam. Some one is distributing business cards at the lobby now.

Just be careful. If a stranger (including me), a trainer telling teaching you somethings too good to be true, it is probably a con, a scam, a sales.

Examples are: 
- selling you a merchandise far far below market price at Suntec City 
- asking you to invest in properties in 3rd word countries, Germany at seminar,
- Gold and Silver
- Time Share
- land bank
- oil field
- Gold mine
- Bridging loan
-etc etc etc etc


 The Straits Times
Jan 15, 2012
He plans to give millions to charity

Businessman aims to achieve net worth of $200m and give away 90% of his money

By Joyce Teo 

Business owner Lee Song Teck, 33, is a goal-oriented person who cannot sit still. Just four months ago, he started a gold trading business, and is now preparing to start three more businesses. 

Still, his agenda is not as daunting as it might seem at first sight. 'Over the years, I have learnt to delegate, and to create a system that allows the business to run on its own within a shorter period of three months, instead of two years,' he said.

What spurs him to work hard is his drive to contribute to society.

Eventually, he aims to give away 90 per cent of his wealth to charity. Money does allow you to enjoy life, but the happiness you gain from material possessions is short-lived, he said.

He has sponsored more than a dozen children through World Vision, an international humanitarian organisation, and at his new firm, The Gold Guarantee, he involves his staff in charity work. 

Mr Lee took over the family business in animal pharmaceutical products when he was 20. Two years later, he went to Sydney for undergraduate studies, and to explore living a holistic lifestyle that involved yoga, meditation and martial arts.

Since his return to Singapore, the bachelor has tried his hands at being a property agent, and running a fitness centre and a property investment seminar business. He has also invested in property and gold.

Q: Are you a spender or saver?

I would say I've been a saver in the past 10 years, but my mother would say otherwise. Since I turned 23, I have realised the importance of becoming financially free and creating wealth for the sake of giving back. This is why I save and invest most of my money.

I would say that I spend just about 10 per cent of my earnings. I invest most of my money because I believe saving alone will not help me achieve the financial goals I set when I was 24. 

I was very aggressive in spending on my personal education, in areas such as investment, wealth creation, business, marketing, sales and health. I must have spent more than $200,000 on attending seminars on these topics - more than 30 over the past 10 years.

I invest most of my money in my businesses. I do not smoke, drink or gamble, and I am not into fine dining. The only luxury items I spend on are spa packages for me and my friends. I also buy presents for my friends. It feels nice to be able to buy things for the people I love.

Q: How much do you charge to your credit cards every month?

I charge around $10,000 to my credit card a month. It's a mix of work and personal expenses. I do not carry any credit card debt. In terms of cash, I withdraw a few thousand dollars a week from the bank.

Q: What financial planning have you done for yourself?

I believe in only real estate and gold, which I can see and touch, and which have real value. 

My gold investment portfolio is now worth $30 million.

I have achieved average returns of 200 per cent a year from my property investments and some of my businesses. I plan to achieve a net worth of $200 million; when that happens, I intend to pledge 90 per cent to charity. 

Q: Moneywise, what were your growing-up years like?

I am an only child, and I lived on a pig farm until I was eight. Our farm seemed huge, but we were one of the few poor pig farmers at the time. 

My father set up the animal pharmaceutical wholesale business while running the farm, and my mother helped him with the accounts.

However, we were quite poor until about 10 years ago because my father, who died when I was 17, was a gambler. My parents used to tell me I must never gamble. 

Q: How did you get interested in investing?

It was after I attended personal development seminars. I also read many wealth creation books, which led me to decide on real estate as my investment vehicle.

Since turning 24, I have made sure that whatever path I took would lead me in the direction of becoming a real estate investor.

My first real estate investment was in a rundown basement shop at Golden Mile Complex, which I bought for $250,000 five to six years ago. I sold it three weeks later for $320,000. I put up only $2,500 in cash for the purchase - for the 1 per cent option on the property - as I had managed to negotiate an option period of one month.

Q: What property do you own?

I co-own a highway and a commercial building in Tianjin, China, with my father's best friend, who is a billionaire in Malaysia.

I also have a 12-unit apartment block in Central London and 16 commercial units in Kuala Lumpur. My aim is to spread my property portfolio over five countries to reduce the risks. 

In the past two years, I have sold my properties here, including a shophouse in Chai Chee and a Belmont Green condo unit, as I was anticipating a price correction. 

The market fell in 2008 after I bought the Belmont Green unit, so I had to hold it for three years. I made half-a-million dollars in profit. 

Q: What's the most extravagant thing you have bought?

I recently bought a new Bentley Supersports for $1 million. It's my dream car.

Q: What's your retirement plan?

I have no retirement plan. I feel very fulfilled because I wake up every morning knowing I'm serving thousands of people. 

A year ago, I went to five fortune-tellers, and they all said I was meant to be a teacher. It was the first time I had had my fortune read, and I didn't understand then.

I thought my calling was to make $200 million and leave it to charity. Now, after having set up my gold trading business, I finally understand what they meant. 

As I make my money, I am also inspiring people around me. Anything is possible as long as you believe you can do it. But if you don't believe you can do it, you have already succeeded in failing.

I think I would need a passive income of $100,000 to be able to spend fairly freely. I became financially free a year after I went into the budget hotel business.

When I reach 35, I will spend less time on my businesses and focus more on my spiritual side. I want to set up a non-profit martial arts studio.

Q: Home is now...

A corner terraced house in Hougang, where I live with my mother. It is opposite our animal pharmaceutical business shop, so we store some of the products in our living room.

The house sits on 4,000 sq ft of land and has built-in space of 6,000 sq ft. My mother bought it for $1.2 million eight years ago and spent $1 million rebuilding it. It is now worth about $4.5 million. 

Q: I drive...

A white Bentley Supersports and a white BMW 5 series model.

Cassava Grower Investment - Marco Robinson

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Cassava Grower Invesment by MarcoRobinson and The Valley of Wealth Pte Ltd.

Andy Liang  COO  Valley of Wealth Pte Ltd   (MoC Reg Co.  1435KH/2012)
a subsidiary of Max Generation Group of Companies

Chee Wen Pin    Marco Robinson Pte Ltd  (201216589Z)
Director of Business Development  9386-3963
 71 Lorong 23 Geylang #07-02 Singapore 388386   6396-4582

"Create Wealth For EveryOne" 

Founder of Lifetime Investor Club
Author of number one bestseller "Close the Deal and Suddenly Grow Rich!"

International Plaza #10-28   27Oct12 Sat 2pm-330pm. - Invest In Certainty

How to achieve Financial Freedom?
Out of 100 people who finish work after 40 years:
   Only 1 is financially free!
   36 are dead
   59 are broke
   4  still forced to work

Start to secure your financial future NOW! To get a passive income.

A lucrative investment and no thanks to the looming food shortage crisis.
- Estimated 925 million people go sleep hungry every night (as at 2010)
- 13.1% of world population
- 70% malnourished children live in Asia
- Food shortage catastrophe from 700 million people sleep hungry to 925 million over last 5 years
- World population increase and Food supply decrease

Rare and exclusive investment opportunity -The Cassava Grower Scheme

Cassava more popularly known as Tapioca. It has 1001 uses in all its various forms of production which is why this in demand product is almost outstripping supply. Include: Baby food, biodiesel and other biofuels alcohol, ethanol, flour and starch, Krupuk or crackers is a major use of tapioca starch in Indonesia.

Cassava chips export price has increased from US150 ton to US250 ton for the last one year as more people become aware of the earth's limited resources. (one acre of land estimate to produce 100 ton Cassava).

Cambodia has PH level 6 to 6.5 most suitable for Cassava.

For 2.5 acres of land to yield 609% return.

Payout Tables (based on one plot = 2.5 acres of land, grower's fee GF = US22,000)
Year 1 -  10% of GF   US2,200
Year 2 - 10%
Year 3 - 12%
Year 4 - 12%
Year 5 - 13%
Year 6 - 13%
Year 7 - 14%
Year 8 - 16%

Year 9 - 30  
Average annual Cassava price per metric ton + Fresh fruit bunch (FFB) output between 20-34.99 ton/acre

Dr Ung Huot - Former Cambodia Prime Minister
Dr. Tan Swee Lian - Principal Scientific Research Officer.

Started beginning of the year 2012 with 250 plots of land now only 28 plots left.
1 plot = 2.5 acres estimate to produce 250 tonns Cassava.

Today offer only 4 plots to 4 investors only for Cassava VIP members. (One plot is USD22,000):

-8 years guarantee capital return
-Free membership to Marco Robinson Lifetime Investor Club (USD1,600)
-plus bonus
1 grower plot 3,000 sq ft of land (USD440)
2 growers plot 6,000 sq (USD 1,320)
3 growers plot 6,000 sq (USD 1,320) + fully paid site visit 3 days/2 nights 5-star accommodation includes meals in Cambodia (USD 1,500)

MiniCharts workshop - Chua Ming Lun

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Minicharts workshop at Bestway Building Podium B #02-28 on 27-Oct-12 930pm-1130am.

Chua Ming Lun ( & Valerie Zhuo (P7) Lim & Tan remisier.

Free SGX stocks datafeed. For client and SIAS members additional HKEX, AMEX, NASD and NYSE market data free.

MiniChart: A Simple Charting Software
Always looking for a good charting tool to read chart and scan stocks? Introducing MiniChart. Developed for chartists by chartist. Discover a whole myriad of technical analysis tools here to aid you in your trades. Get your unfair advantage now!

1.) View multiple timeframe in one screen.
2.) Sort and run through the chart of the scanned results easily
3.) Customized your own workspace
4.) Wide range of default indicators with flexibility to adjust your own parameter
5.) Save watch lis.
6)  Stock scanning and selection via few preset form and rulas and indicators
For all new and existing client thru the instructor will receive 5% discount on all stocks transaction brokerage fee.
< $50k contract value  0.275%
> $50k   but < $100k   0.215%
> $100k   0.175%
Stock recommendation for coming weeks based on MiniCharts scanning:
OUE, F&N, M1, HPH, Sim Lian.

Friday, October 26, 2012

Market Wizards - Jack Schwager

Jack Schwager - Author of Market Wizards.

The .PDF files available to be downloaded at above members file area:

Thu 18 Oct    Lessons of the Market Wizards   6.30pm - 9.30pm
SHINE Auditorium @ Shaw Towers #03-01
$18 offer for MayBank-KE

Trading Success: Lessons of the Market Wizards Part 1 MrJack Schwager
Q&A with Mr Jack Schwager
China's slowdown: Is the government's attempted reflation working? Will the economy turn around or just the property prices? What are the implications for the markets?
Mr PK Basu, Regional Economist and Research, Maybank Kim Eng Securities
Maintaining Market Exposure with Less Capital - Singapore warrants update and leverage without margin calls
Mr Henry Ng, Associate Director, Warrant Sales and Trading, Macquarie Capital Securities (Singapore) Pte. Limited
Q&A with Mr PK Basu and Mr Henry Ng
Trading Success: Lessons of the Market Wizards Part 2
Mr Jack Schwager
Q&A with Mr Jack Schwager
End of Programme


Trading Success: Lessons of the Market Wizards Part 1

This talk seeks to answer the question: What traits set apart those individuals who have achieved extraordinary success in the markets from everyone else? The talk is heavily anecdotal, based on the interviews conducted in the three
 Market Wizards books.

  • There is no single true path
  • The personality key
  • Do not buy a trading system
  • The importance of an edge
  • Method
  • Hard work
  • The paradox of trading
  • Good trading is effortless
  • Risk control
  • Discipline
  • The monk
  • Independence
  • Confidence
  • Losing is part of the game
  • You can not win without losing
  • Patience to wait for opportunities
  • The importance of sitting-in a trade
  • When I am right, I stay in the position
  • Loyalty
  • Trading more an art than science
  • Intuition
  • Buy on fear, sell on greed
  • Contrarian works, must have risk control
  • Market can stay irrational
  • Measurement by return is meaningless, use return-to-risk instead

Trading Success: Lessons of the Market Wizards Part 2
The talk is similar to Part 1 with the essential difference being that it focuses specifically on the personalities and lessons of the traders profiled in Hedge Fund Market Wizards, the newest book in series (2012). It is very well suited for audiences that might contain a meaningful percentage of people who previously heard Part 1.

  • Good trade / Bad trade versus Winning trade / loosing trade
  • Implementation is as important as ideas
  • Stops – pain versus proof
  • Stops should be where market will go to, not your pain level
  • Adjust exposure to changing volatility
  • Money management can be counter productive if inconsistence with trade hypothesis
  • Stops may not be good thing to do
  • Stop is not good for investment
  • Mistakes provide path to improvement
  • The loosing trade dilemma, cut and rebound, hopeful – not sure cut half
  • Caution against trading to meet Profit goals – target is not a good idea
  • Buy strongest / sell weakest
  • Failure to respond to correlated market moves
  • Effective money management can be simple
  • The Blue Crest Model
  • System that work on many markets are likely to be stronger
  • Betting more on high probability hands can even transform negative edge
  • Do not trade beyond comfort level as fear will dominate your decisions
Some Pointers

  • Option pricing assume equal probability of prices going up or down. Identifying when this is wrong leads to opportunity to trade. That is, when option is mispriced, trade it!
  • Volatility does not equal risk – under appreciated reason for avoiding large loses : mentally impede trader and result in missed winning opportunities.
  • If market news is adverse to Position and you do not lose much – add position, do not liquidate
  • Do more of what works and less of what does not
  • You do not turn a losing streak around by trying harder.
  • The mindset of a good trader turns idea fast.
  • Music is the space between the notes; Successful trading is the space between trades.
  • Think Contrarian is right but difficult to implement. Think contrarian if there is bubble.
  • Risk if not controlled by Stops, you can use size or position. Treat trade dynamically
  • Buy long term Options.

Maintaining Market Exposure with Less Capital
We will discuss about Singapore warrants update, what are warrants and how you can leverage without margin calls.