Den of The Lion Investor

Macquarie has just launched their 2nd Macquarie Warrant Hotshot Competition. This stimulated live warrants trading contest starts on 14th July 2008 and will run for a period of 8 weeks.

There are four categories you can sign up and compete in:

• Dealers
• Investors
• Media
• Students

Each group of participants will compete for the weekly prize of $200 and category prize of $3000. There will also be a grand hotshot prize of $20,000 for the overall winner.

Click on this link to register for the competition.

Generally speaking, trading for a competition requires a different set of strategy compared to trading your own portfolio.

In the former, the aim is to generate the highest possible percentage gains (in a short time) while taking on the corresponding downside risk.

In the latter, consistency of gains over time is much more important.

I saw from last week’s copy of The Edge that they were increasing their cover price. After six years, their price will be increased from $3 to $3.80. This works out to be a 26.7% increase (or about 4% annualised).

Existing subscribers can renew at 50% off the old rate if they inform the edge of their intention before 9th Aug 2008. Just send an email to hotlinespore@bizedge.com with your subscription information and the word Renew in the subject header.

I will be away from Singapore for a period of about ten days starting from tomorrow. Therefore, there won’t be any daily postings during this time. While there might be a couple of periodic postings appearing, normal service will only resume from the week of 14th July.

I’m currently looking for private equity investors for a small scale property development project in Perth. The time horizon is about 12 months, minimum investment sum is A$75,000 and projected returns is 12+% p.a. If you like to find out more, please contact me and I’ll provide you with more information.

One publication that I read regularly is The Edge Singapore. It covers a wide range of financial news and analysis, some of which include equities, unit trusts, forex and property. This weekly newspaper is quite useful and the articles are more insightful than what you find in The Straits Times and The Business Times.

The Edge Singapore is available from major bookstores at $3 a copy. If you order a yearly subsciption, you can get it at $1.50/copy. Renewal prices are usually at $1/copy.

My subscription of The Edge Singapore was due for renewal, so I decided to try my luck and look for around for any promotions.

True enough, I found one at the DBS website.

DBS Cashline customers would be able to order a years’ subscription at only $39 ($0.75/copy). The order has to be paid with a cashline check, so if you do not want to incur interest, make sure you credit money to your cashline account first.

If you do not have a DBS cashline account, look for a friend who has one and simply indicate his name (but your address) on the order form.