The Secret Roadmap To Stock Market Riches: Revealed!

Two days ago, the fictional business newswire Stock Markets Always Go to Zero reported that pirates in the fictional country of The Republic of Stocks have made a ground-breaking discovery.

You see, for centuries, pirates in the country have been searching for what they call the Midas Touch, a legendary treasure map that contains the blueprint for an investor to make obscene amounts of money in the stock market – money more than the collective gross domestic product of the world’s nations!

The pirates have searched in countless islands surrounding the Republic of Stocks. The Isle of Speculation… the Isle of Mass Hysteria… the Isle of Delusion… the Isle of The-Horrors-Of-High-PE-Stocks… you name it, they’ve searched it. And then finally! In an uninhabited island whose sole occupant is a lonely Coney-brown-island cow whose origins are a mystery, a bunch of pirates found the Midas Touch.

Fortunately for investors all around the world and in Singapore, the pirates had, for some inexplicable reason, allowed journalists from Stock Markets Always Go to Zero to photograph the map. Here it is:

Treasure map

Can you see the secret? The secret is simply: to buy HIGH and sell LOW. Wow!

Now, some of you might be thinking: Is this crazy or what? Buy high and sell low? It sounds ridiculous. But, try to not pass judgement until you see what the legendary map maker, Mr. I-lost-my-fortune-because-I-bought-penny-stocks, had scribbled on the map. In his extremely unintelligible handwriting, he wrote:

“When investing, we shouldn’t follow the crowd. And since everyone will like to buy low and sell high, I shall do the opposite! I shall be contrarian purely for the sake of being contrarian. Does that not make perfect sense?”

So there you have it, the secret to obscene riches in the stock market: You buy high and sell low.

Before I leave you to explore the map further, I’d like to share one big takeaway I have from it, and that is the importance… of wishing everyone a Happy April Fool’s Day!

Now, putting all jokes aside - it is serious business now - if you'd like to receive investing insights and important updates about Singapore's stock market, you can sign up for The Motley Fool Singapore's weekly investing newsletter, Take Stock Singapore. It's free, so do check it out right here.

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The information provided is for general information purposes only and is not intended to be personalised investment or financial advice. Motley Fool Singapore writer Chong Ser Jing doesn't own shares in any companies mentioned. Also, he has never heard of Stock Markets Always Go to Zero and The Republic of Stocks; they're all a figment of someone else's imagination.