As a financial planner I rarely advocate trading for my clients, however this strategy has worked well for me over the past 24 months.
In a non directional market such as this, the only way to make money is to trade the volatility. That entails setting buy and sell limits.
Although I spend my day looking after other peoples money I rarely have time,or inclination to look at my own (it's like the builder who never finishes his own house) - so my strategy needs to be simple and easy to manage.
Some years ago I started buying the FTSE when it fell to 5300. It quickly recovered to 5600, so I sold. Not long after it fell below 5300 and I bought again with the entire proceeds of the first sale. When it went up I did the same again.
I had to use all the money a couple of years ago when we bought a house, but I started the strategy again with a smaller amount. In the past 24 months I have made over 47% in a market that has only moved sideways.
I'm not writing this to advise people to trade, but just to pass on something that worked for me.
Mark Paine
Meyado
Singapore
Www.meyado.com
Monday, September 17, 2012
Thursday, September 13, 2012
Mark Paine Meyado, 19 years and counting
It's 19 years today since I passed my initial training course and signed my contract with Meyado.
On September 7th 1993 I left the UK in my old VW and headed toward Germany. The car broke down on the slip road to the ferry at Dover, but undeterred I picked up my suitcase and boarded the ferry.
I arrived in Frankfurt in a hire car, and the rest, as they say, is history.
Of course there have been ups and downs but I still love working for the company, working with fantastic colleagues and helping many clients manage their finances. I lived in 4 wonderful locations in Germany, Czech Republic, United Arab Emirates and now in Singapore.
I plan to stay with the company and most likely end my career here, hopefully in many years to come. I love what I do and don't intend to retire any time soon!
Mark Paine
Meyado
Singapore
www.meyado.com.sg
On September 7th 1993 I left the UK in my old VW and headed toward Germany. The car broke down on the slip road to the ferry at Dover, but undeterred I picked up my suitcase and boarded the ferry.
I arrived in Frankfurt in a hire car, and the rest, as they say, is history.
Of course there have been ups and downs but I still love working for the company, working with fantastic colleagues and helping many clients manage their finances. I lived in 4 wonderful locations in Germany, Czech Republic, United Arab Emirates and now in Singapore.
I plan to stay with the company and most likely end my career here, hopefully in many years to come. I love what I do and don't intend to retire any time soon!
Mark Paine
Meyado
Singapore
www.meyado.com.sg
Thursday, July 19, 2012
Meyado Qualifications in Singapore
As the MAS strive to improve the quality of financial advice provided in Singapore they have imposed new examinations and basic qualification levels for any person providing advice.
Meyado has a policy in Singapore to only hire advisers who are qualified to degree level, many of our advisers have MBA's.
As Meyado holds a full Financial Advisers license in Singapore our advisers are required to hold qualifications not just in insurance, but also collective investments and securities. This means any Meyado senior adviser will be qualified with M5, M8, M8a, M9, M9a, M6, M6a and HI from the SCI.
This means a Singapore Meyado adviser is amongst the highest qualified advisers in the international market place.
Mark Paine, the Managing Director, has a degree in Business Operations and Law, all relevant MAS exams, as well as the UK Financial Planning Certificate and is currently studying for the UK Diploma in accordance with RDR in the UK.
Mark Paine 20th July 2012
Meyado
Singapore
Meyado has a policy in Singapore to only hire advisers who are qualified to degree level, many of our advisers have MBA's.
As Meyado holds a full Financial Advisers license in Singapore our advisers are required to hold qualifications not just in insurance, but also collective investments and securities. This means any Meyado senior adviser will be qualified with M5, M8, M8a, M9, M9a, M6, M6a and HI from the SCI.
This means a Singapore Meyado adviser is amongst the highest qualified advisers in the international market place.
Mark Paine, the Managing Director, has a degree in Business Operations and Law, all relevant MAS exams, as well as the UK Financial Planning Certificate and is currently studying for the UK Diploma in accordance with RDR in the UK.
Mark Paine 20th July 2012
Meyado
Singapore
Wednesday, July 18, 2012
Meyado Seminar July 25
Join us at the Raffles Hotel in Singapore for an investment seminar hosted by Collins Stewart. Our guest speaker Andrew Finch will be sharing their market view for the remainder of 2012.
RSVP
Details are on our website www.meyado.com.sg
Mark Paine
Meyado
Singapore
RSVP
Details are on our website www.meyado.com.sg
Mark Paine
Meyado
Singapore
Thursday, May 31, 2012
Diamond Jubilee Weekend
The UK will celebrate 60 years of Queen Elizabeth's reign this coming weekend.
Parties will take place not only across the UK, but the entire commonwealth and anywhere that British subjects abide.
In Singapore there are numerous parties at homes planned, as well as at the British Club.
It should be great fun!
Mark Paine
Meyado
Www.meyado.com.sg
Parties will take place not only across the UK, but the entire commonwealth and anywhere that British subjects abide.
In Singapore there are numerous parties at homes planned, as well as at the British Club.
It should be great fun!
Mark Paine
Meyado
Www.meyado.com.sg
Wednesday, May 2, 2012
Sundowner Half Marathon in Singapore
Only 18 days to go and my training has taken a big setback with blisters getting worse.
The heat and humidity in Singapore drastically reduces the lifespan of a pair of trainers, so I'm forced to get a new pair broken in ready for the 20th. I won't be able to run again until the weekend from the looks of my feet (not pretty).
Running has been a great distraction as work has been pretty much life encompassing as we take on more people and develop the back office services for our clients. Visit the Meyado blog to keep up to date with what is going on.
Anyone else who's training, good luck and keep at it!
Mark Paine
Meyado Singapore
www.meyado.com.sg
The heat and humidity in Singapore drastically reduces the lifespan of a pair of trainers, so I'm forced to get a new pair broken in ready for the 20th. I won't be able to run again until the weekend from the looks of my feet (not pretty).
Running has been a great distraction as work has been pretty much life encompassing as we take on more people and develop the back office services for our clients. Visit the Meyado blog to keep up to date with what is going on.
Anyone else who's training, good luck and keep at it!
Mark Paine
Meyado Singapore
www.meyado.com.sg
Tuesday, April 24, 2012
Singapore needs population growth
The average Singaporean family produces 1.2 offspring, or in other words is not replacing itself according to a report in today's Straits Times.
Amid high inflation, low interest rates and a booming economy, Singapore has been getting tough on immigration. The ministry of manpower has been encouraging the hiring of Singaporeans and making it tough to hire expatriates, especially those who are not qualified to degree level.
The report indicates between 20 and 25,000 foreign employees need to be attracted to the country each year.
With its low taxation and high living standard Singapore is an attractive workplace for many.
Mark Paine
Meyado
Amid high inflation, low interest rates and a booming economy, Singapore has been getting tough on immigration. The ministry of manpower has been encouraging the hiring of Singaporeans and making it tough to hire expatriates, especially those who are not qualified to degree level.
The report indicates between 20 and 25,000 foreign employees need to be attracted to the country each year.
With its low taxation and high living standard Singapore is an attractive workplace for many.
Mark Paine
Meyado
Subscribe to:
Comments (Atom)
