darkknight81,

<< There is no investment that you can invest and sleep for 30 years... you have to monitor it at least every month not the price but the fundamental >>

Who say so?? Yes, there is. But, a person needs to have the FINANCIAL INTELLIGENCE and DISCIPLINE to invest it and not to monitor them. Insurance companies invest for 30 to 100 years. Harvard university invest for 150 years.

I only monitor my investment to decide where to put my new money. I re-balance once every year.

One of my mutual fund had survived and do well for 80 years.

<<You must know the strength and weaknesses of your investmnet . >>

A person needs to work like a portfolio manager. Have a mix of investments that diversify and complement each other. So, if you want to sleep, you do not have SINGLE investment.

Dreamer

This post has been edited by dreamer101: Sep 24 2009, 08:00 AM

darkknight81,

YOUR PROBLEM is you invest on ONE COMPANY. Why do that??

What if you INVEST on the WHOLE WORLD?? Aka, all 4,000 LARGEST companies in the world at the same time.

This is called investing. Go to sleep for 5 years test. If you CANNOT go to sleep for 5 years and do nothing for X, you ARE NOT investing. You are speculating / gambling.

How do insurance company collect premium and pay out?? They invest your premium. How do they invest and make money consistently across 30 to 100 years?? They are using the same system. It was not possible in the past for individual investor to do this. But, now, it is possible.

In a smaller scale, instead of buying individual counter of KLSE, you could have have buy the ETF and get the 30 largest companies in KLSE at one shot.

So, the PROBLEM is FINANCIAL INTELLIGENCE.

http://finance.yahoo.com/q?s=VT

Check this out. One ETF and you own the whole world.

Dreamer

This post has been edited by dreamer101: Sep 24 2009, 11:03 AM

darkknight81,

<<but the yield is too low for me >>

So, this come back to MY POINT.

It is ALL up to FINANCIAL INTELLIGENCE.

You are NOT at the stage to use this kind of strategy. Now, whether it is better or worse, who cares. You are NOT capable of using this kind of financial instrument even though it exists.

In my case, I do not have the FINANCIAL INTELLIGENCE to invest on Palm Oil plantation yet even though it is one of the best investment. I am still doing my homework. If I invests now, I will lose money because I am NOT capable of handling this kind of investment yet. I do not know how to answer the 4 questions yet.

Dreamer

darkknight81,

<<basically you are depend on the fund manager to manage for you.... >>

Do you UNDERSTAND the difference between a TRUE INDEX FUND and a normal mutual fund??

It is OBVIOUS that you DO NOT KNOW.

I invest on INDEX FUNDS.

<< as i always said as long as you know what you are doing and know what your direction is then is all right.... i know my strategy and what i want .>>

I KNOW that I DO NOT KNOW. So, I buy all 4,000 largest companies in the world at one shot. I do not have to gamble on which one will do well.


<<you should have your own intelligence to manage your own money like buffett or jim rogers already. >>

I have the INTELLIGENCE to know that I am STUPID. That is good enough.

I have the INTELLIGENCE to know that I am NOT Buffet or Jim Roger.

Do you??

Dreamer

darkknight81,

<<basically you are depend on the fund manager to manage for you.... >>

1) If you DO NOT KNOW, why do you make this kind of comment??

<<Yup i don know and i don think i am interested to know. Thats y i don invest in it... And i don beliv that it is so great about it....>>

2) I did not ask you to follow it. In fact, I said

<< You are NOT at the stage to use this kind of strategy. Now, whether it is better or worse, who cares. You are NOT capable of using this kind of financial instrument even though it exists.>>

3) My ONLY POINT is IMHO, your strategy is not investing. IMHO, it does not pass MY 5 years' sleep test. Now, it may works for YOU. But, it does not work for people that DO NOT WANT to monitor their investment.

<< I know i am not good enuff thats y i join lowyat forum to seek for advice hope that someone who can really HELP but not those who keep on promoting how good how smart they are .... i am sick of it doh.gif >>

4) Why do ANYONE need to promote whether they are SMART or NOT?? It is OBVIOUS from their post that what level they are in.

5) I am showing an alternate strategy. And, it is DESIGNED for people that are STUPID like me. People that believe they CANNOT beat the market average and do not want to monitor the market.

I had 10+ years experience in my industry. I thought that I could use my industry knowledge to buy stock and make money. It took losing half of my life savings to make me realize that I am GAMBLING and SPECULATING. Plus, I am STUPID as far as picking stock and knowing when to buy and sell. The 5 years sleep test was created to protect myself from my own STUPIDITY.

I learned from my painful and expensive lesson.

<<you are not so great either if not you will not be so free to giving ppl advice everyday your time should be spend on something more meaningful.>>

So, are you saying HELPING people to achieve their financial goal is not MEANINGFUL?? The ONLY GOAL to post in a forum is to show off how smart a person is?? Or, to sell something?

Dreamer

This post has been edited by dreamer101: Sep 27 2009, 08:57 PM

darkknight81,

The ANSWER to your question is VERY SIMPLE. Do you trust the government?? If you do, why worry?? If you don't, why do you invest on ASx??

http://malaysiafinance.blogspot.com/2009/0...tegy-ahead.html

<< It is a very good deal indeed but on the other side of the coin, the actual value of the underlying investments is unknown, unlike other unit trust funds where you know the value of your investments at any point in time. The balance sheets of fixed-price funds are not disclosed in their annual reports, and the Securities Commission, the body governing the unit trust industry, grants these funds various exemptions from its guidelines on unit trust funds.>>


Dreamer

Folks,

It is VERY SIMPLE. For any kind of investment, you need to ask and answer 4 questions. And, if you do not know the answer, you SHOULD NOT INVEST. So, ask yourself the following 4 questions about ASx and if you can answer, keep it.

A) How and when can you MAKE MONEY??

B) How and when can you LOSE MONEY?

C) When should you BUY??

D) When should you SELL?

I consider my investment in PBBank to be safer and better than any ASx with the exception of ASB. So, if you cannot invest on ASB, you should avoid any other ASx.

Dreamer

arsenal,

1) You TRUST the government.

2) Can you answer the 4 questions?

cheahcw2003,

No, ASB only. A person can invest up to 200K in ASB. Now, if a person do more than that, a person is putting too many eggs in one basket.

Dreamer

cheahcw2003,

So, BN has the MAGICAL POWER to replace all the OIL MONEY that will be gone soon??

Dreamer

cheahcw2003,

<<The others have explained for me, BN has big influence on PNB (or PNB is controlled by BN), so when parents in toruble the child will not be escaped.>>

So, basically, you do not believe the parent is in trouble.

<<Probably will withdraw the $ weeks b4 the GE.>>

And, you have TIME until the next GE.

You better guess it right...

Dreamer