Five Cents Ten Cents

The headline “Local businessman loses $26m at RWS casino over 3 days” is a sobering reminder of the possible consequences of a gambling approach to financial freedom.
What is staggering is the amount; but underlying this story is what can potentially happen to any of us when we take a gambling approach towards financial freedom.
I have [...]

I’ve read the book, “The Art of Learning” by Josh Waitzkin and was completely blown away by some of his ideas as well as his personal achievements in the world of competitive chess and martial arts (Tai Chi Quan).
If you are interested to learn how we can learn better and to achieve peak performance in [...]

The Black Swan challenge.
Interesting comments by Nicholas Nassim Taleb, author of “The Black Swan”.

If I adhere to what he says, I should exit equities except for pure punting plays and to invest in “hard assets” – metals or commodities as well as agricultural land.
Also to avoid long-term US Government bonds like the plague.
Interesting.
Be well and [...]

When you participate in the stock market, timing your purchases and sales is important. You want to buy low, hold and sell high. Or you want to sell high and buy low or you want to buy a dividend paying share at a low price.
In order to buy or sell at the price you want, [...]

Having started investing in shares since 2003, I finally did what a shareholder is expected to do, that is to attend an annual general meeting and actually vote on the ordinary and special resolutions at the meeting with management and the Board of Directors of the business.
30 April 2010 2.00 P.M. was the Annual General [...]