A few investment lessons I learnt

1) Don't buy REITs - even though everyone is singing praises, the business model does not seem sustainable given it is built on debt. There will be a lot of rights issues which means putting more endlessly, not something I want to habe no choice over. Kreits were given free to me.

2) Do not buy china listed shares in Sg, the accounting is not credible. Anytime there could be a bomb dropped.

3) Do not chase highs - I usually buy more stocks when the share price keep dropping. So far, most of my shares have panned out ok

4) Buy in 10k share as much as possible. In my recent buys, I can't really buy 10k shares cos the share prices are too ex. Am accumulating CDL 

5) business cash flow is more important than asset and profits. It tells you how sustainable the company is.