I personally primed the timing for 3 stocks during my NSF days
just last year and early this year that went up a whooping
unbelievable 3000 percent( 30 times gain) to 4000 percent and I
missed the boat because of bad timing overseas training and
irregular market monitoring and complacency,but can you just
imagine what would happen if a miserable $5000 was unknowingly
invested? it would yield a 6 figure immediately(I wallowed in shock
and disbelief about the potential gains I could have made 3 months
after I spotted the trends),I could been any local banks priority
banking youngest self-made client after I booked out and cashed out
my gains at the bank counter/private lounge,sipping cappuccino and
talking to investment advisors.
regarding the part on naive thinking that fast cash in stock
market and google Mr Market(value investing,day trading,momentum
trading,technical vs fundamental analysis etc.) is a pipe dream,
look at the above examples(not going to tell which stock though-not
many people know my picks),but bottomline is clear- do you really
think an nsf who got no working experience,bounded by the army to
serve his nation like other singaporean citizens, doing nothing but
squeezing brain juice and intellect and forcing out a bare minimum
6 figure sum of 100k and above for his age,is actually a lot of
money? I dun know about you or other singaporeans think about
financial independence,but 100k is a lot,hdb downpayment also
insufficient upfront downpayment? please enlighten me because for
us seasoned investors opportunities come and go,even in national
service,markets do not sleep and wait for you to catch up.
Lastly,I do not think the government will play catch up and
investigate how the hell did an nsf managed to make a six figure
sum while in NS through MR market. Because its simply too
unconventional,they rather look out for people moonlighting as in
cpf contributions,electronic payslips, trackable payment in kind
etc.
this is a very classic and one good example of
speculation in the stock market, or in
chinese 炒股票.
the 3 listed companies you aimed are highly likely being
over-valuation on its price-to-earnings ratio (P/E
ratio).
P/E ratio: http://en.wikipedia.org/wiki/Price%E2%80%93earnings_ratio
once the "big sharks" investors kept buying/ selling the shares
among themselves to jack up the stock counter price, thus creating
this false sense/ speculation.
when people like you believe in its fast growth, these sharks will
whack out all their shares/ vomit out, selling at high prices to
people like you. they make profits via profit-taking while you buy
their shares at high prices. then the next few days/ weeks, when
these big sharks go hunting at other stock counters, the stock
price will begin to fall for the shares that you have just bought.
the price will then be fairly stagnant at that level, and so your
money will be stuck at that stock counter.