The value of Dennis seminars is infinite

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Postby Dennis Ng » Fri Sep 02, 2011 9:38 am

I would do whatever I can to try to educate the public on Financial Matters, including sharing on this forum, on my facebook page, on TV, Radio and Newspapers, and conducting numerous talks over the last 11 years.

I was pleasantly surprised when I received an email invitation from Grace Tan, who set up a Blog http://workingwithgrace.wordpress.com , which interview individuals who are inspiring or who make a difference in the lives of others.

Meeting and chatting with Grace, I find that she is really as graceful as her name.

She shared with me excitedly with a wide smile and sparkle in her eyes about community work she is involved with...I'm truly inspired by her initiative and zest for life and her efforts to contribute to the society.

I enjoy visiting her blog to read the interviews she did with various people and learning from the interviewees featured on her blog. http://workingwithgrace.wordpress.com

Here's the interview with me, which she just uploaded to her blog today:

http://workingwithgrace.wordpress.com/2 ... nance-com/
Cheers!

Dennis Ng - When You Master Your Finances, You Master Your Destiny

Note: I'm just sharing my personal comments, not giving you investment advice nor stock investment tips.
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How a Salaried Employee Became a Millionaire?

Postby Dennis Ng » Sat Sep 03, 2011 10:22 pm

this is a review of Path to Financial Freedom Workshop I found on internet:

How a salaried employee became a millionaire?

June 25, 2011 by financiallyfreenow

A few days ago, I went for a talk on “Path to Financial Freedom” by Dennis Ng. It was actually a free preview for his workshops but one could learn a thing or two from the preview. He has been featured in many local newspapers and TV shows and writes for MyPaper every alternate Wednesday. What connects him to the layman is that he was once a salaried employee like most Singaporeans and he became financially free after several years of saving and investing prudently.

Dennis Ng shared how he became a millionaire. He was earning an average of $6,000 per month for 15 years. He saved 20% of his salary per month and that works out to $14,400 per year. What he did with his savings over the years was that he invested in stocks and properties. He did not reveal things like what stocks he invests in, which year he started investing, if he lost huge amounts of money during his investments and if he has buffer cash to cushion him from loses and to cover his basic needs. From his preview, I could gleam that he looks at the financial statements of companies and invests in fundamentally strong companies ala Warren Buffett style. I think a major reason why Dennis became a millionaire was that he timed the market. When the stock market was getting exuberant, he exited from the market like in 2007. He entered again after the prices crashed. He uses technical analysis by looking at 100 days simple moving average and 200 days simple moving average crossovers.

He also is very prudent in his expenses. He shared his experience on how he curbs his expenses. When he was working, his fellow colleague always bought a $5 Spinelli coffee everyday whereas he made his own 3-in-1 coffee. To commute between places, he uses BMW (bus, MRT, walk).

Furthermore, he explained that not all debt is bad. There’s good debt and bad debt. Bad debt is car loan, credit card debt, among others. Good debt is your housing loan and investment property mortgage loan.

The preview reinforced my beliefs and the idea that becoming financially free is not difficult. One has to save a substantial amount every month consistently. Use part of the savings to invest prudently in stocks for the long-term. The other part can become your “safety net” or emergency fund to be used to cover your daily expenses when you lose your job. Your expenses should also be kept low and not be spent on unnecessary stuff. Also, the earlier you start investing, the faster you can start compounding your money since time is on your side.
Cheers!

Dennis Ng - When You Master Your Finances, You Master Your Destiny

Note: I'm just sharing my personal comments, not giving you investment advice nor stock investment tips.
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Postby Dennis Ng » Sun Sep 04, 2011 8:55 pm

Hi archonmage (Alex Mak),

you're welcome. I derive as much joy from sharing as you from learning.

Just want to share something I believe in:"when the student is ready, the teacher will appear."

Cheers!

Dennis Ng

archonmage wrote:Hi, Dennis.

Personally, I must said that your seminar is priceless as it have encompasses every aspect of wealth creation.

I can speak based on what I have experienced.

The first step is to CONCEIVE and BELIEVE, whatever one conceive and believe it, it can come TRUE eventually. Why don't people do it, perhaps, there are many reason behind it, and which is why they are still poorer, both mindset and financially.

The second step would be ACTION. To take the necessary steps to achieve the goals in mind, in my case, financial freedom (in the near future)

Someone might said HOW to do it? I must said that the "HOW" part will come to you, just like a miracle.

I first met Dennis in 2005 in a 1 day financial awareness talk seminar conducted by him. Along the way, I have my ups and downs. Meeting the teacher now again is a entirely refreshing experience to me. But this time round, I am ready.

Dennis, thanks for your selfless tutelage :)

Best Wishes and Regards,
Alex Mak
Cheers!

Dennis Ng - When You Master Your Finances, You Master Your Destiny

Note: I'm just sharing my personal comments, not giving you investment advice nor stock investment tips.
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Postby Dennis Ng » Fri Oct 21, 2011 11:46 pm

Knowing how to read the "Investment Clock"helped me to have the courage and conviction to say "buy stocks" in Mar 2009, when I wrote an article entitled "Make Market Cycle Work for You" for Sunday Times, which was published on 29 Mar 2009 (Sunday) and uploaded to AsiaOne website on 31 Mar 2009.

Good News is I teach how to read the "Investment Clock"in my seminars.

http://www.masteryourfinance.com/forum/ ... php?t=1657
Cheers!

Dennis Ng - When You Master Your Finances, You Master Your Destiny

Note: I'm just sharing my personal comments, not giving you investment advice nor stock investment tips.
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Postby Dennis Ng » Sat Oct 22, 2011 5:55 pm

I ask some seminar graduates, do you believe in what I teach will work?

They answered:"I will believe when I really make alot of money applying what you teach."

Will you share with friends what you learned from me?

They answered:"I will have the confidence to share with relatives and friends when I myself really become a Millionaire by applying what you taught me.

These people simply don't get it. I'm so sad, they don't understand it is CBA, it is NOT CAB.

It's not Conceive, Achieve and after you achieved, then you Believe. No, it does NOT work that way, without 100% Belief that it will work, if you have doubts it will work, it is unlikely to work for you.

I remember when I learned all these things from the multi-millionaire sifus, I do NOT have any doubt that they may not work. Becos I ask myself very simply:"why would they want to bluff me, why would they bother to waste their time teaching me these stuff if they don't work? So if they tell me they became a Millionaire by applying what they teach me, I just learned and apply straight away, I have NO doubt, I believe 100%.

So maybe you need to ask yourself this question:"if all these stuff I teach you does NOT work, then why do I bother teaching them to you? If I tell you I became a Millionaire from applying all these stuff, why should I bluff about this? What's there to gain by bluffing?

I already reached $3 million NOW. Sometimes I tell myself, why do I BOTHER teaching when people are NOT exactly learning? When many are doubting?

You don't have to learn from me. You can continue to grope your way through, to try through Trial and Error and hopefully, it would somehow lead you to your first Million dollars.

And if you attend my seminar yet do NOT believe 100% NOR bother to start applying what you learned in the seminar, then you're clearly just wasting NOT just your time, but mine as well.

Life is too precious for us to waste precious time like this.
Cheers!

Dennis Ng - When You Master Your Finances, You Master Your Destiny

Note: I'm just sharing my personal comments, not giving you investment advice nor stock investment tips.
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Postby Dennis Ng » Sun Nov 20, 2011 9:44 am

Some people might wonder whether the multi-millionaire sifus I mentioned really exist. They do.

Just read this article in Business Times, and the reporter is relating some of the investment experience of one of my sifus, "the one I said that taught me about en-bloc":

Published November 19, 2011

Show me the money
Investment lessons over lunch
Some seasoned investors share their experiences and their views on where the market is heading


By TEH HOOI LING
SENIOR CORRESPONDENT


I AM fortunate in the sense that occasionally I get invited by some really savvy retail investors to their informal gatherings. I usually glean a lot of wisdom, insights and inspiration from such sessions.

On the macro front, the investment professional in the group said there is one trend that is playing out, and that is the world economic growth is slowing. Corporate earnings will be downgraded, and equities will continue to be derated. He is advising his clients to keep their cash, but to get ready to put it to work over a six-month period next year.

Two weeks back, I was invited to lunch with a full-time investor and his friends. Amongst them were business owners, investment and real estate professionals. The group talked about their investment philosophies, their views of the market, and what they are doing now.

One man was very generous in sharing the lessons he learnt in his investment journey. He used to work as a chief trader in a foreign bank trading instruments such as money market products and swaps. He left the bank many years back because he felt that he could do much better on his own than in the bank.

Since then, he has bought and sold private businesses, properties, equities, among other things. He is still running a few businesses on a small scale (because he doesn't believe in doing anything big), and at the same time he is also managing his own investments.

In the initial years, he lost a fair amount of money in his investments in private businesses. 'But I learnt so much in the process.'

The first million

Getting to the first $1 million, he said, usually takes the longest time. After that, the wealth can grow pretty fast if one is able to grab the right opportunities.

From the conversations, it seems that he - let's call him Mr A - made a few astute bets on the Singapore property market. In late 2006, he started to pick up units in Pearl Bank Apartments in Outram. That was when the en bloc fever was hotting up, and news emerged that the owners of the iconic development were exploring collective sale as an option.

He picked up four units of various sizes between November 2006 and September 2007. And he exited all his trades in September and October 2007. For the first unit he paid $645,000 and sold it for $1.5 million. Another he bought at $788,000 and sold at $1.88 million.

He felt that the en bloc price demanded was too high, and decided to sell his units as quickly as possible. So he told the real estate agents who specialised in that project at that time to bring any potential buyers to him first. He'd pay them a commission of 1.5 per cent, instead of the normal one per cent. As such, he was able to offload all four units in a short time.

True enough, the en bloc sale in 2007 fell through. So did the one in 2008. Earlier this year, the owners of the ageing development put the building up for sale again. Still, they failed to find a buyer.

Another lucrative deal Mr A managed to complete around the same time was of a landed property in Upper Bukit Timah. He paid some $500,000 for the property, tore it down and rebuilt it at a cost of $1 million. He sold the property which has a lease of just 38 years left for $3.8 million.

Like many investors, Mr A subscribes to Warren Buffett's rules when it comes to investing. Mr Buffett has two famous rules: Rule 1, Don't lose money. Rule 2, Don't forget Rule No 1.

Exit strategy

Mr A has another rule. Always decide on your exit strategy right from the outset. 'I'd do that when I go to a new place, say a hotel, as well. I'd check out where all the exits are so that I know what to do when anything happens. In other words, I don't have to frantically look for an exit in a panicky state,' he said.

Mr A shared a story of a friend who came to him for advice. This friend had bought into a warrant, whose price had plunged from 20 cents to seven cents. The friend asked what he should do with his holding. Mr A advised him to sell and take back whatever cash he could. There was a high likelihood the warrant would become worthless, he reckoned.

The friend managed to get back $50,000 in cash. Again, he asked Mr A what he should do with the money. Coincidentally, Mr A was looking at Novena Holdings at that time. It was the time when Oei Hong Leong offloaded his holdings in Novena amid his lawsuit against Citigroup. Mr Oei had alleged that Citi had misled him into losing some $1 billion from foreign exchange and United States Treasury bond transactions.

Mr Oei sold Novena at eight cents a share, compared with the 21 cents each that he had paid for them. As one of Mr A's strategies is to track the transactions of major league smart investors, he suggested that his friend might want to take a look at Novena. 'What? Buy this stock when Oei Hong Leong is selling?' his friend asked. Mr A answered: 'He didn't want to sell. He was forced to sell.' So the friend got in, and fortunately for him, Novena doubled in the next nine months. He advised his friend to take his profits.

Since then, Novena has changed its name to Viking. Although Mr A advised his friend to exit the counter, he himself held on. Today, Viking trades at about 10 cents a share, and Mr A is sitting on a paper loss of some $400,000. But he said he is keeping faith in the stock.

Having caught the property market in one of the major bull runs, Mr A is of the view that the next money to be made is in the equity market.

He said he is still raising cash, and is waiting for an opportune time to get into the market. He deployed 10 per cent of his cash hoard into the market in early October, but after seeing the sharp rebound in the market despite the fact that there was no fundamental change in outlook, he cashed out again.

He said he learnt from the last crisis. Then, he was adamant that he would only put all his cash to work when the Straits Times Index fell to 1,250 points. It never did, and so only 10 per cent of his cash managed to ride the market up in 2009. This time round, he said he would gradually deploy his cash at a 'low enough' level.

The lunch ended on a very heartening note when the group talked about the pro-bono work they are doing in their various communities. One said that a private investor, who was single, left behind $13 million when he passed away to his community development association. The instruction was that the capital cannot be touched for a certain number of years, and only the dividends can be used to pay for the education of needy kids.

Another investor is working with volunteers to make monthly visits to low-income families and coach them on their budgeting. Yet another runs a childcare for the low-income group.

All lament the lack of volunteers in their organisations, but admitted that getting funds might not be that big an issue. My contribution to the conversation: Perhaps they should seriously consider employing full-time staff to run some of these programmes. I'm sure the programmes will be better administered as a result, and more help will reach those who really need it.
Cheers!

Dennis Ng - When You Master Your Finances, You Master Your Destiny

Note: I'm just sharing my personal comments, not giving you investment advice nor stock investment tips.
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Postby Dennis Ng » Wed Nov 23, 2011 6:01 pm

Hi dragonhart2,

yes, it's amazing. People rather continue repeating the same mistakes they make in the stock markets instead of paying some tuition fees to learn how to analyse and invest into stocks.

Without knowing anything about Fundamental Analysis and Technical Analysis of stocks and merely buying/selling based on tips and rumours, they are merely gambling, but fool (bluff) themselves that they are investing.

So instead of making their money grow for them, they are in a way "throwing their money in the drain". I used to be one of them until I lost half of my wealth in 1998's Asian Financial Crisis and had the rude awakening and decided to learn how to invest. And the rest is history, re-starting from $50,000 in 1998, I reached S$1 million in year 2008, 10 years later...

Cheers!

Dennis Ng

dragonhart2 wrote:it is quite obvious that the invisible hands also use 20, 50 and 200 MA....to play the market......i guess that's why these are reliable indicators.....though they are laggard indicatiors...but they do give u an edge over other retail players.....more importantly, it tells u the Major trend so u wont' be so anxious when the market goes against your trade. go along with the Major and u won't go very far wrong..... :D ....helps alot on handling your emotions.

i have a trader colleague, who has been trading stocks for at least 10 years. when he told me he bot Cosco at 1.43 (bargain price...just dropped from 1.7)....i told him, Cosco is going down hill....catching falling knife......refused to believe me.... dropped to 1.35 ....asked him to cut....refused to lose and pay cash to keep the position.....now 90 cts liao...i cut lose at 1.785 before the decline and never look back.

recently he bot Noble at 1.5 (before this wrong purchase, he had made a few rounds like 15 cents on Noble)...again...i told him it is down trend......went up to 1.65...still don't want to sell(can profit like $500...greedy...want to wait for 1.70).....say i Dr DOOM...u asked me to sell...see ,,,,went up........next day dropped 45 cents...1.2...now 1.12.....again licking his wounds liao.....NEVER demand what price the market should give based on your entry......Illusion of control at play.....we don't make the market.....it was apparent the 1.70 is out of reach....told him to run...

i haven't talked about Oceanus....bot 14 cents...cheap hor? now 8 cents....

on hindset....it's good that he only knows long.....dunno short, CFD.

btw his bro is a propriety trader...who gave him tips on which counter he is playing.

this is gambling.....playing with fire without knowing what's coming....shooting in the dark.....just focusing on price and volume alone..........after i learnt Moving Averages from Dennis....it is so simple to use, the problem is perhaps lack of patience when using it..and failed to follow it............i know what's ahead so i no longer make such mistakes....need lots patience, confidence and belief.

PS: For traders wannabes....know wat u are doing....

regards,
jason.
Cheers!

Dennis Ng - When You Master Your Finances, You Master Your Destiny

Note: I'm just sharing my personal comments, not giving you investment advice nor stock investment tips.
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Postby positive7 » Thu Nov 24, 2011 1:15 pm

Hi Dennis: What would you advise people who are 50 plus without the luxury of time and the sgd6k monthly salary? The millionaire journey seems so tough though we can have a dream and listen to inspirational songs daily. Undeniably your forum has been very educational. Cheers !
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Postby woonty » Sun Nov 27, 2011 12:33 am

positive7 wrote:Hi Dennis: What would you advise people who are 50 plus without the luxury of time and the sgd6k monthly salary? The millionaire journey seems so tough though we can have a dream and listen to inspirational songs daily. Undeniably your forum has been very educational. Cheers !

Success is a journey NOT a destination so remember to enjoy your life along the way :D
woonty
 

Postby Dennis Ng » Mon Nov 28, 2011 9:21 am

positive7 wrote:Hi Dennis: What would you advise people who are 50 plus without the luxury of time and the sgd6k monthly salary? The millionaire journey seems so tough though we can have a dream and listen to inspirational songs daily. Undeniably your forum has been very educational. Cheers !


starting late is better than not starting.

Our current financial situation is a Result of our past Thoughts, Beliefs and Actions.

If you want to change your future, need to change your Thoughts, Beliefs and Actions.

3 ways:
1. reduce spending to increase savings.
2. increase your income to increase savings.
3. grow your savings by investing.
Cheers!

Dennis Ng - When You Master Your Finances, You Master Your Destiny

Note: I'm just sharing my personal comments, not giving you investment advice nor stock investment tips.
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Postby Dennis Ng » Wed Nov 30, 2011 12:14 am

I agree with what Steve Jobs shared. During the last 11 years of journey (after I resigned from bank in year 2000), I've been through 7 years where I was earning less than what I earned working in the bank in year 2000....what made me perservere? What made me go on without giving up? It was the Passion that I have in what I do, that I want to learn to master my own finances and when I did that, to teach others how to master their finances as well.

Cheers!

Dennis Ng

http://www.youtube.com/watch?v=KuNQgln6 ... re=related

Extract from the video:
Steve Jobs said that: You need a lot of passion for what you're doing because its so hard. Without passion, any rational person would give up.

So if youre not having fun doing it, if you dont absolutely love it, youre going to give up.

And thats what happens to most people, actually.

If you look at the ones that ended up being successful in the eyes of society, often times its the ones who love what they do, so they could persevere when it got really tough.

And the ones that didnt love it, quit. Because they're sane, right?

Who would put up with this stuff if you don't love it?

So its a lot of hard work and its a lot of worrying constantly.
If you don't love it, youre going to fail. (give up).


Dennis Ng wrote:Welcome to the 133rd Issue of Weekly e-newsletter by www.HousingLoanSG.com. This week I like to share with you "Why did Dennis resign from bank 10 years ago?”


If you have friends who like to receive this information-rich FREE Weekly E-Newsletter, ask them to go to our website http://www.HousingLoanSG.com where they can sign up immediatelyand get a FREE Special Report "How to cut your tax legally by 23% to 59%?"

Cheers!

Dennis Ng, http://www.HousingLoanSG.com - help you get BEST Deal in Housing Loans in Singapore & Australia

Why did Dennis Resign from Bank 10 years Ago?

in year 2000, I resigned from a comfortable job in the bank, to become a Financial Planner. Becos I want to pursue My Passion and Mission to first learn how to Manage and Grow my own money and then I will teach the Public Financial Literacy, to help the public, including you, to learn how to Manage and Grow your money so that you can reach YOUR Financial Freedom.

In early years, no one know what is Mortgage Broking. Similar to Huang Ming, I had to educate the Public what is Mortgage Broking and how Mortgage Broking firm www.HousingLoanSG.com can help you get the BEST deal in Housing Loans….the first few years were very hard, in year 2003, my wife and I had to stand at HDB Hub, giving out flyers to the public….with countless people saying NO to our faces…

In year 2008, I finally reached my own Financial Freedom and I know the time has come for me to Educate the Public on Financial Literacy. I launched the First Bilingual Book on Personal Finance “Mastering Your Personal Finance” in year 2009, I also started conducting seminars, including “How to Save and Accumulate One Million Dollars”

With the development of China and India, the Middle Class in Singapore will find Life getting tougher 10 years from now, as "competition" means there is a Cap on how much your salary can Increase, while various Pressures will result in Cost of Living going up.

As a middle class earner, you will NOT get most of the subsidies, whether for Medical or other things, given to the Poor.

On the other hand, your income would be enough to make a Living but NOT sufficient for you to accumulate Your Retirement Funds if you don't learn How to Earn more than 3% annually on your Savings (becos inflation is 3%, any returns below 3% means you’re becoming poorer and poorer over time)....

Why S$1 million, becos with increasing Cost of Living, this might be the MINIMUM you need to achieve, to be able to Retire in Singapore.
Cheers!

Dennis Ng - When You Master Your Finances, You Master Your Destiny

Note: I'm just sharing my personal comments, not giving you investment advice nor stock investment tips.
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Postby Dennis Ng » Fri Dec 23, 2011 9:14 am

alvin wrote:What another Seminar Speaker say about Dennis Ng

I interviewed Sam Goh of Wisdom Capital recently and he said this,

"I am not sure you watch soccer. I like to position myself as a young player, in this case a young English player, trying to get into the England national team. In the industry, there is a lot of established professionals like your mentor Dennis Ng, I have huge admiration for him. I see him as one of the core players in the England team, probably a John Terry or Frank Lampard. I hope that one day I will be in the position to get into the England team like him. This is how I position myself, hard work. I will always remain humble, I will not go around and say that I have a condominium with me. I always believe that there is a lot of things to learn. Right till today I believe that I have so much to learn from Dennis, I have so much to learn from Derick, and some of the other established veterans in the industry. And I believe that this will form the basis and fundamentals for the rest of my career. I will never stop learning."

Even a seminar speaker himself, views Dennis as one of the prominent teacher in financial literacy!

You can listen and read the entire interview here: http://www.bigfatpurse.com/2011/12/earned-almost-400k-from-investing-sam-goh-of-wisdom-capital/
Cheers!

Dennis Ng - When You Master Your Finances, You Master Your Destiny

Note: I'm just sharing my personal comments, not giving you investment advice nor stock investment tips.
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Postby Dennis Ng » Sat Dec 31, 2011 4:37 pm

Most Trainers will "disappear" after conducting a seminar. Some may provide mentoring on a once a week basis.

For me, my seminar graduates get to continue to learn from me with my mentoring and guidance on a daily basis.

I share daily on my forum and they can also continue to ask me any questions on a daily basis at the forum.

Together with over 10 Investing Mentors (my earlier Seminar Graduates who now have more knowledge and experience), we are committed to help people who want to learn how to Master Your Finance on their learning journey.

We believe and practise the concept of Paying It Forward.

Our discussion forum is Rich with resources and and example and epitome of the selfless spirit of Learning and sharing. http://www.masteryourfinance.com/forum/phpBB2/index.php
Cheers!

Dennis Ng - When You Master Your Finances, You Master Your Destiny

Note: I'm just sharing my personal comments, not giving you investment advice nor stock investment tips.
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Postby Dennis Ng » Sun Jan 01, 2012 1:41 am

alvin wrote:On the last day of 2011, my girlfriend noticed an old man sitting at the corner of Bras Brasah Complex holding his a plastic bag with a tube connected to his body. She felt sad for the old man and guessed that he is a patient and probably had no home to go to. She wanted to give some money to him.

She approached him and asked, "uncle,你住在这里呀?"

He said he had just discharged and had no place to stay. However, he said he could not stay at the place (Bras Brasah complex) for too long. He could not lie down as he could not lift his legs up. He survives by getting food from people in the vicinity.

She gave him money and wish him a happy new year.

He kept saying thank you to her.

PS: Dennis is right. The only way to save more Singaporeans is to teach them financial literacy, and teach them the right mindset towards life (to do good with money). There is a limit to how much we can donate. But if we can teach more people to fish, they can fish forever, and even to share the fish with more people.


In our latest win of the SME1 Asia Award for Emerging Entrepreneur Category, we stated clearly what our company wants to achieve as follows:


MasterYourFinance.com Pte Ltd aims to be the Leading provider of Financial Education seminars/traininig in Singapore and the region.

Our mission is to help 1,000,000 people achieve S$1 million, at least.

We do not want to be just another seminar provider, but we want to help create a close-knitted community of like-minded people, who are interested in continuous Personal Development and learning, who believe in improving ourselves so that we can contribute more to the society at large.

Our company, MasterYourFinance.com Pte Ltd aims to:

1. inspire and encourage more people to find their Mission and Passion in life and to Pursue their Passion.

2. Be the best they can be in their area of Chosen Field, so that they can Contribute the most to Society.

3. Educate that wealth and Riches and Financial Freedom will definitely come if you are really good at what you do and if you learn how to Grow your Money (savings).

4. share with seminar graduates that when they become Wealthy, then it is time for them to think about what they can do for the less fortunate and the poorest in the Society...

For more details about our company's books and seminars, please email to
seminar@MasterYourFinance.com or call us at 6339 9255 today!
website: www.MasterYourFinance.com
Cheers!

Dennis Ng - When You Master Your Finances, You Master Your Destiny

Note: I'm just sharing my personal comments, not giving you investment advice nor stock investment tips.
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Re: The value of Dennis seminars is infinite

Postby Dennis Ng » Tue Feb 07, 2012 8:24 am

accord wrote:Hi All,

Attended the "Value Investing Summit" seminar last weekend.

Speaker Ken Chee emphasised too much on Warren Bufett's way of investing.
He gave examples of how he made $$ from 2 stocks (VICOM and OKP).
His MIP (millionaire investor program) cost $3495.
My view is that its an overvalue course with only learning Warren Buffett's Value investing.
Not impressed.

Ken also conducts a closed-door free workshop during breaks to interested investor to sign up for his premium course.
It heard that it cost about $8000+ which includes MIP, mentoring session, opportunity to meet up in person with management of listed companies and may able to get insider news/tips.
**fainted**

Speaker Sarjit Singh - FCA, CPA. He gave talks about the Top 10 list to identify Fraud Companies.
He gave a very general points (such as evaluating mgt team, understand saturation, examine co track record on dividend payout, etc...)
Not impressed too, too brief, lack of details.
Dennis teaches us to look at real value and figures from Balance sheets, cashflow statement is definitely worthwhile & makes more sense.

Speaker Joey Yap is the founder of the Mastery Academy of Chinese Metaphysics, a global organisation devoted to the teachings of Feng Shui, BaZi, Mian Xiang and other Chinese Metaphysics subjects.
But I dont believes in Feng Shui. :D

Speaker Attlee Hue works in private equity for more than 5 years and was a practicing lawyer for more than 15 years in the area of corporate law. He gave presention on Value investing on REITs. Very brief information from his 2-hr presentation.
He also offer courses during the seminar.
It cost a whopping $1999 for a day course w/o mentoring session follow-up and no forum for discussion.

Speaker Patrick Liew is the CEO of HSR Global Ltd. He is a good speaker and can bring listener to him. However he jokes more than talking about property investing.

The Mystery speaker is the founder for Pheim Asset Management (Asia) Pte Ltd; Dr Tan Chong Koay.
Basically not much show-time for him, he gave a 30 minutes presentation on his Philosophy on investing.

Basically i think the objective of this seminar is to get the audiences to sign up for their programs.
The contents of their presentation were so brief and simple that you can read it on your own from those books about Warren Buffett's way of Value Investing.


My take: Dennis's course for a 3-in-1 is a steal in term of price and knowledge we get.

:o
Cheers!

Dennis Ng - When You Master Your Finances, You Master Your Destiny

Note: I'm just sharing my personal comments, not giving you investment advice nor stock investment tips.
Dennis Ng
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