Friday, April 16, 2010

 

POst no. 941

I was out lunching with a friend yesterday and he was asking me if i brought shares from Citibank.

He went on tell me about how it was easy money because its share price are increasing daily.

The conversation then went on to how the Singapore market does not give as good a return as the US markets because the share prices dont rise as fast.... i guess hes rite to a certain extent since the movt in the local market hovers between a 1/2 a cent and 1 cent.

How long would it take to make $1000 dollar from a 1/2 cent movt???? For most of use, its going to take months, if not years.

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For a few lucky individuals, it takes a lot shorter since their big fat thick wallet allow them to hold 5 million shares...

Oh well, i'm going to bank on the big sweep next month. I might just get lucky.

Regards
Lucky.
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