Stock tips

Go around various blogs and ask around stock tips never fail to annoy me. For me, whoever asking this is a "gambler". They don't know what they invest on, lazy to do homework, but want to take short-cut to make money. So, will you claim from the blogger if you lose $?

Ok, let's cool down and i analysed why we shouldn't hunt for stock tips:

(1) Smart bloggers / Guru always have "disclaimer" to protect themselves so they can say whatever they like, without holding responsibilities.

(2) There is always a lot of assumptions/conditions that they may not tell you. I can say you can make money when you buy Singtel share at S$1.80. But i may not tell you, this is the time when STI is 1600.

100 people has 100 different portfolios, different capital, different strategy at different time. They may have the time to hold but you may not.

(3) Asymmetric information. There are many investment companies with many stock analyser, while OCBC researcher may think Singtel worth $3.5, CIMB may think Singtel worth $2.80. There are so many ways to "calculate" the "true value" of a company. Think about it, if those "fortune teller" is so accurate, why they still need to work so hard for the company?

So, please wake up, there is no shortcut in live, so does investment. It is rather silly to just follow what people said. You are the one responsible for your hard earn money. Nevertheless, the only person that i willing to share my tips faithfully is my wife. Just because, her money is also my money..haha..