Investments in Merril Lynch making money for Temasek

last SG · 2008-03-08T05:50:14+00:00

oei hong leong is suing citi for his loses, who can citizens aka taxpayers sue for Temasek's losses?

anonymous_dickhead SG

every market crash is time to get rich. the key is knowing which blue chips to buy.

That's a very simplistic view that is slightly one grade above "follow-the-crowd" mentality. You have a higher chance of making more money but similarly, your chance of losing everything is also higher. You should be careful since many millionaires were totally wipe out during the depression and even the economic crisis of the 1970's. Think about those who bought Lehman when it was at its all time low to see their wealth reduce to nothing.

That being said, the market condition is optimium for trading due to the high beta but do not enter the market unless you know clearly what you're getting into.

eagle SG

I know pple who entered into FerroChina at >$1

And now Ferro's trading halted

likedatosocan SG

absolutely. i am indeed buying NOW with a sum of money more than you could imagine and this money is only "extra".

Don't talk cork lah LPJ.

Let me digress a lil.

I gambled 200 times. I only reported to you i won 1 time.

How transparent am i? Is 5% transparent not transparent? Then is 4.1239384% transparent not transparent? How to QUANTIFY scientifically transparency? Who certifies the amount of Transparency ?

I am just a layman, brudder.

maurizio13 SG

Another Honest Mistake?

The biggest mistake of which is to put family members, relatives and friends in decision making position, when it is obvious that they do not have the capacity to make the right decisions.

Family members, retired P4P members and relatives, with no apparent knowledge of the companies they are running, appointed to run the GLCs and GICs. What type of system is this?

CRONYISM!!!

Rock^Star SG

Haha this thread is so interesting......becos it's about someone's boast coming back to haunt him. Trying to meander like a fucking snake out thru these arguments just doesnt hold water at all.

And then he has boasted about having loads of money to buy some more stocks huh. How do we know it's a boast? That's becos he says "it is a sum of money only one could imagine". Such big self impt talk huh. How does the world view boasts in general? Take it with a pinch of salt and especially online forums lol.

Cheers.....

charlize SG

Don't worry, long term investing means that we will see good returns in 50 years time, around 2060 and beyond.

Not too sure if most of us will be around by then though.

AndrewPKYap SG

Don't worry, long term investing means that we will see good returns in 50 years time, around 2060 and beyond.

Not too sure if most of us will be around by then though.

If it takes 50 years, using the money to get interests will probably give you better returns if you compund the interests.

er... what if Temasek becomes another Lehman? How will your views change? Maybe another AIG would be a better analogy because this present regime will tax the people rather than let Temasek go the way of Lehman.

Even when letting Temasek be broken up into million pieces is wiser, more honorable and better for the country, the dishonorable bunch of despots lording over Singapore will not.

Daddy!! SG

winners take risks during crises. losers fall behind and start complaining later after becoming one of the "have-nots".

Daddy!! SG

and we see plenty of "complainers" here. some become so useless that they start to curse others. my goodness.

whiskers SG

winners take risks during crises. losers fall behind and start complaining later after becoming one of the "have-nots".

I beg to differ... Some ppl take risks... But for people like me who have more patience, will NOT take the risk during a crisis, i rather wait for the rain to stop and squeeze with some people than risking outiside alone. After all, we will all get to out destination, ur risk takes u there faster, but is it worth the risk?

Daddy!! SG

if you wait till the rain stops, market has already jumped quite a bit and you might end up buying high and then selling low after you realised that another rain is here.

so buy during market crash and then average down on further crashes, like now. however, make suer that you can stomach the risk and able to take the paper loss. a time proven strategy is to identify good out-performing blue chip to average down with. good luck.

maurizio13 SG

There is a difference between risk and pure stupidity. It's especially hard for the purely stupid to distinguish between the two.

If you track back to the first few pages of this thread, from the onset when Temasek made an unrealized gain from the purchase of Merrill Lynch shares with a lock-in of 1 year (Temasek paid US$48 when ML was trading at US$52), I already said it was a bad investment choice.

But some folks here oblivious to the impending financial disaster chose to brandish the illusory hallucination that Temasek made money from the purchase of Merrill Lynch. Do you need stronger alkaloids or have you awoken from your slumber?

Daddy!! SG

mind your own business.

googoomuck SG

We know what the seven deadly sins are. Stupidity is a bonus sin

SWAT_SG SG

if the credit woes worsen in US and the fed no longer have fund to bailout banks.. ML will be allow to fail since its not a deposit holding company... all our CPF monies will be down into the drain and some ppl here who start to feel the pinch..

NO banks is too big to fail... if you look back to the great depression 1837 caused by credit crisis and bubbling asset bubble, 343 banks failed and US went into a long depression..

this time round, the power of deleveraging as well as global asset bubble... this crisis is going to be the worst in human history.. many banks in US, UK, Japan etc will fail... insurers will fail too.. ML is not spared since its jus an investment bank cum brokerage..

AndrewPKYap SG

winners take risks during crises. losers fall behind and start complaining later after becoming one of the "have-nots".

hahahaha... you saw the light at the end of the tunnel and I have been telling everyone it is the lights of a train approaching and you call me a loser and yourself a winner after you get hit by the oncoming train? hahaha... unbelievable!

Give up your delusions, mister. Just look at the title of this thread you started and consider how deep your delusions are.

As for why I curse the despots, your precious assleaders, (it is not I am doing badly, according to your delusions) see:

Why I blame and Curse the Despots, especially the old despot

Daddy!! SG

well i did not even mention about investing in shares till in recent days.

however, my honest opinions remain to be invest in shares during crises within your means. an indicator would be newspapers reporting like crazy how serious the crisis is.

of course the choice is yours and why should you get so agitated, i wonder.

AndrewPKYap SG

well i did not even mention about investing in shares till in recent days.

however, my honest opinions remain to be invest in shares during crises within your means. an indicator would be newspapers reporting like crazy how serious the crisis is.

of course the choice is yours and why should you get so agitated, i wonder.

Because you, like the despots were encouraging people to remain calm and invest in the markets as evidenced by this Topic that you created. What is not said is more powerful than what you said.

The words that you did not utter "The despots are making money!!!! Join them!!!! Be like them!!! Make money!!!!" those are the words that you did not say when you started this topic. These things that you did not say speaks lounder than the words you said.

I am angry because I feel for those silliporeans fooled by the despots and people like you, it is not something that singaporeans can understand, the kiasu, care only for self singaporeans can understand. Assgaporeans will never for the life understand why Dr Chee Soon Juan cares so much.

angel7030 SG

well i did not even mention about investing in shares till in recent days.

however, my honest opinions remain to be invest in shares during crises within your means. an indicator would be newspapers reporting like crazy how serious the crisis is.

of course the choice is yours and why should you get so agitated, i wonder.

Hi Uncle Daddy ah!

Why are you talking to my Uncle Andrew from IMH like that, do you know that he is suffering from agitation syndrome??, everything to him is ass and silly stuff, only Dr Chee can cure him, unfortuntely Dr Chee had since resigned from IMH to seek better pasture.

Since Dr Chee left, i hv been mixing and trying to find the right medical solution for him. Actually, the melamine milk can cool him now, but damn, it's now banned.

angel7030 SG

Because you, like the despots were encouraging people to remain calm and invest in the markets as evidenced by this Topic that you created. What is not said is more powerful than what you said.

Uncle,

:You go toilet got clean and wipe your ass or not?? And where did you left your kettle pot??

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