Gust, Cordlife is not only good for retires but for those who plan for early retirement. With more than 7% yield & low risk I'm interested Anyone can tell us which other stocks can match this company in term of yield & low risk I'm interested too.
I strongly believe Cordlife with growth of more than 10%. will able to double it's price in 5 years if it can continue growing at 10% rate.
Remember compound yield of 7%, you will recover your capital in 7 Years. I believe in sleeping well without worrying about the day to day price movement.
Hi Simple Math, I was at the Share Investor Meeting at the Rock Auditorium (Suntec City Mall) today (01.09.12). If you were there, youâll know who I am. I was the one who asked Jim a question. The question I asked was: (Hi Jim, you came to Singapore in 2007 and you spoke about the potential of Chinaâs Economy & her Market and many Singaporean Investors took the cue and invested in the China Stocks listed in Singapore and lost a lot of money. What is your advice now? His reply: âIâve never sold any China Stocks, they are for my childrenâ). Hi T, Thanks for your advice. Iâm an Investor and I donât work. I play golf on alternate days. The China Stocks are only a portion of my portfolio. I wonât put all the eggs in one basket.
Aiyoh, why ask like that? U know Jim is able to do due diligence the way we can't do, and he can invest in China companies listed in US, or HK, rather than S-chips. So there is no relation between what he said in 2007 and Spore investors investing in S-chips.
Jim Rogers is a trailblazer and predicted China will be an economic juggernaut two decades ago. Don’t know what China investments he is holding, maybe properties or large cap SOE listed in HK etc? Bet he never bought any S-Chips? Anyway, the self-made rich tend to spread their risks so that even if they lose badly in an investment, they still have plenty left to maintain their jet-setting lifestyle.