Saturday, June 5, 2010

To begin with...

To begin with...
I started this blog to keep track of my investments and view points on the current market. At this time I'm starting this, the market has been so exciting. First the BP oil spill, the Euro Crisis and wait, US stocks dropped to all 4-month low (eyes widen)? New Japan minister? oh, there's just so much happening!

I'm 22 this year and a future student of the University of Melbourne. I'll be graduating with a Degree in Commerce and I have plans to do a double major in Marketing and Finance in 2013. Honestly, market trends and global news intrigue me. Has it been the past few years? Not exactly. Somehow recently (ok, not THAT recent), I can't pass each day keeping up with global news. Note. Global. Not just what the New Paper had to say.


So why the 10k pot?
I'm finally done with my 2 years of National Service. Yes, 2 long mandatory years of serving the Singapore Armed Forces. What has it left me? A priceless experience, a probably long-term back injury, and ... $10,000. No it's no remuneration, it's savings. Now that I'm heading to Australia to pursue my further education, what am I to do with the money? Leave it in the savings account? fixed deposit? Nah, I'm heading to the stocks.


But it's such a pathetic amount for investment in stocks!
I believe everyone agrees with me in this aspect. What IS 10k? I am only 22 this year, and I'm only beginning to start investing. Start small, end big. I'm investing this 10k not just only as a form of stocks, but also as a form of education. With me putting a foot in to the stock market, I'm very sure there's alot for me to learn, and importantly so, to share with any future potential readers. Do note though, I'm no professional, and whatever posted is simply my viewpoint on the market.


If this blog is just going to be about your pathetic 10k, it's boring...
Definitely over time, when I am very much more confident with the market, I aim to be adding more into my investment pot.. Well, the idea of this site is not to disclose my earnings/losses or track my finances. Like I mentioned, I'm using this blog to sort out my thoughts, share my viewpoints, and more importantly, hopefully getting useful contributive comments.

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