dchua1969

When in doubt, stay away !

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dchua1969 تم تحديثه   
HKEX:1052   YUEXIU TRANSPORT INFRASTRUCTURE LTD
Read this article here

I have spoken about trading and investing with financial products that you are familiar about. Options trading touted by many "gurus" online that it is an easy way to make money, spending just 30 minutes a day and winning 90% of the time.

I have my fair share of doubts on it and have stayed away thus far. To be fair, I ain't got the time to dive deep as my plate is already full with currencies, commodities, index , ETFs and stocks. I believe a diversified portfolio on this products is more than enough (for me).

I have also shared that it is better to stick with international brokers that charge a bit higher commission but with stable platform and they are credible. I know there are rising number of brokers that charge zero % commission but again, I will put them aside for now. If you have a good strategy, watch your stop loss , manage your capital and risks well, then paying that small % out of your profits as commission is OK, imo.

Here's another article for you to read and reflect ...

Put yourself in their shoes, if you are operating a business, you need profits. So, if they are offering you such a good deal , then how are they making money ? That itself is a red flag and would serve as lesson for you stay away (at least for the time being).

Do not spend countless hours chasing the lowest brokerage , comparing them , etc when you should invest your precious hours honing on your charting skills, evaluating good companies to invest in.

I hope this serves as a good reminder to all, especially those new to trading and investment.

I like this company for a simple reason. Charging cars that passes the toll highway is a cash cow business. Once the government agrees on the contract (read here ), the company has no competitors fighting for this share of the business. Of course, investment is required to set up and all but this can be recovered over the years. A relatively simple business model that is not complicated , needed by many.
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You can see that the price has been hovering at the 5.50 level since last May

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