How much is your net worth?, gauging your financial performance.
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 Apr 10 2013, 04:15 PM
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Senior Member
6,356 posts Joined: Aug 2008 
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QUOTE(SKY 1809 @ Apr 10 2013, 04:04 PM) Well there are red cheap China stocks listed in Malaysia , PE of 3 +- many. I wont buy, else the stock "SongLap" me to the longkang.U dare to buy   |
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Apr 10 2013, 04:19 PM
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All Stars
23,851 posts Joined: Dec 2006 
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QUOTE(felixmask @ Apr 10 2013, 04:15 PM) I wont buy, else the stock "SongLap" me to the longkang. Cannot say like that lor , U could be the next Billionaire in town if u make it right.Highest record here is about 8 to 10m. |
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Apr 10 2013, 04:24 PM
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Senior Member
1,152 posts Joined: Jun 2007 From: Kuala Lumpur
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QUOTE(felixmask @ Apr 10 2013, 09:15 AM) I wont buy, else the stock "SongLap" me to the longkang. It depends, if done due diligence, could be an investment. I cashed out my Baidu shares in 2010 after they announced their stock split. I made some money due to the increased liquidity of the stock. It was a pure speculative play contrary to my value investing principles. My research shown Baidu was market leader in China, so risk was low. However, I don't trust much on China companies anymore nowadays.Of course PE is not everything, but if you consider 2 stocks with the same risks, wouldn't you buy the one with lower PE?  I'm currently looking at the Osram spin off. |
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Apr 10 2013, 04:24 PM
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Senior Member
6,356 posts Joined: Aug 2008
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QUOTE(SKY 1809 @ Apr 10 2013, 04:19 PM) Cannot say like that lor , U could be the next Billionaire in town if u make it right. that is fundamental - the business is good suddenly. Sure i jump to ship. SKY 1809 got tips ?Highest record here is about 8 to 10m. This post has been edited by felixmask: Apr 10 2013, 04:25 PM |
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Apr 10 2013, 04:29 PM
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Senior Member
667 posts Joined: Oct 2009
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QUOTE(noprogambler @ Apr 10 2013, 12:25 AM) Of course, 10 years is short and I never thought can reach RM1 million to RM8 million by 10 years leh. Maybe I need 15 years to grow RM1 million to RM8 million. Below is my plan. i used to think like you, thinking everyday is a brilliant day, always counting when i will achieve 1m, 10m, and 100m. My wife keeps on reminding me that not everyday is a good day. Once you are hit by 1 in a 100 year event, like Asian Financial Crisis, or Subprime Crisis, it may be very difficult to continue that CAGR of 20%, as mathematically you will need to get at least 100% return to get back your capital pre crisis if you suffer 50% loss, if you cannot find additional source of capital. That may warrant you to take unnecessary risks and cause further capital loss. I find avoiding trapped in a major crisis is more important to achieve high return.So far my track record in share investment is CAGR 20%, which means my portfolio size would double every 4 years. For your information, I just got the share margin facility not long ago, hence the CAGR 20% is an unlevered return. Maybe my portfolio size was too small and I could flip CAGR 20% in the past, so to be conservative I assume my portfolio's return will be mean reverse to market return when its size becomes larger, likely my long run CAGR would reduce to 15% and with that my portfolio could double every 5 years, this indicates RM1 million could grow to RM8 million in 15 years. And don't forget if I also keep pumping in additional annual savings, then the period of achieving RM8 million could be even shorten further. Correct me if I am wrong .As a matter of fact, i am currently having the exact dilemma of whether to start liquidating my portfolio as i have achieved my financial goal 3 year ahead of schedule, or continue the aggressive investment strategy.. |
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Apr 10 2013, 04:36 PM
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Senior Member
1,864 posts Joined: Apr 2011
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QUOTE(noprogambler @ Apr 10 2013, 02:08 PM) Yah you did, then I can on my own way different from yours Ya, there is no right or wrong way. Both way also can reach the destination. Best of luck !  . |
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Apr 10 2013, 04:40 PM
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All Stars
23,851 posts Joined: Dec 2006
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QUOTE(felixmask @ Apr 10 2013, 04:24 PM) that is fundamental - the business is good suddenly. Sure i jump to ship. SKY 1809 got tips ? I got relative's parent bought lands/prop in KL when almost everyone jumped ships.May13 time Now they are super rich. |
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Apr 10 2013, 04:48 PM
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Senior Member
6,356 posts Joined: Aug 2008
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QUOTE(SKY 1809 @ Apr 10 2013, 04:40 PM) I got relative's parent bought lands/prop in KL when almost everyone jumped ships. 1969, i havent born.May13 time Now they are super rich. |
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Apr 10 2013, 04:54 PM
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Senior Member
16,872 posts Joined: Jun 2011
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QUOTE(kelvinlym @ Apr 10 2013, 04:24 PM) It depends, if done due diligence, could be an investment. I cashed out my Baidu shares in 2010 after they announced their stock split. I made some money due to the increased liquidity of the stock. It was a pure speculative play contrary to my value investing principles. My research shown Baidu was market leader in China, so risk was low. However, I don't trust much on China companies anymore nowadays. Of course pick the one with lower PE...no? Of course PE is not everything, but if you consider 2 stocks with the same risks, wouldn't you buy the one with lower PE? I'm currently looking at the Osram spin off.  |
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Apr 10 2013, 05:06 PM
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All Stars
23,851 posts Joined: Dec 2006
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QUOTE(Pink Spider @ Apr 10 2013, 04:54 PM) Of course pick the one with lower PE...no? Last time there was a very cheap low PE co listed in Bursa, heavily promoted by some analysts as very good.I highlighted that this co had 1 to 2 years of uncollected debts. ( money owing to them.) Touch wood, 1 year later or so, company got delisted by Bursa. I also feel sori for them.  This post has been edited by SKY 1809: Apr 10 2013, 05:06 PM |
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Apr 10 2013, 05:17 PM
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Senior Member
1,152 posts Joined: Jun 2007 From: Kuala Lumpur
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QUOTE(SKY 1809 @ Apr 10 2013, 10:06 AM) Last time there was a very cheap low PE co listed in Bursa, heavily promoted by some analysts as very good. That's why I never trust analysts, Malaysia's stock market and KLSE.I highlighted that this co had 1 to 2 years of uncollected debts. ( money owing to them.) Touch wood, 1 year later or so, company got delisted by Bursa. I also feel sori for them. |
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Apr 10 2013, 05:47 PM
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Junior Member
201 posts Joined: Jul 2012 
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QUOTE(kelvinlym @ Apr 10 2013, 03:50 PM) When wet market aunties are talking about shares, then the market is peaking. Very useful advise. Thumbs up bro FYI to beginners in stock investing, cheap doesn't mean the price itself is low. Learn about market cap, P/E ratios etc before evaluating a company on it's price alone. Would you invest in a stock at a price of RM10 and P/E of 10 or a stock at RM20 and P/E of 5, considering both companies sell the same product with each having market share of 50%?  |
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Apr 10 2013, 05:50 PM
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All Stars
23,851 posts Joined: Dec 2006
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QUOTE(kelvinlym @ Apr 10 2013, 05:17 PM) That's why I never trust analysts, Malaysia's stock market and KLSE. Cannot say only Malaysia got problems lah ..HerbaLife in US is now facing problems too.Many stories going on there . Some more auditors gave insiders news to others to short sell shares. |
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Apr 10 2013, 05:59 PM
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Junior Member
151 posts Joined: Mar 2008
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Just Sharing
Im Age: 30 Occupation: Engineering Assistant Marital Status: Not Married no gf. Asset(s): 1 old car now cost dont know lolx because 10yrs+ Insurance: Life: RM15k Saving: RM30K Investment: FD: RM 18k Cash in hand RM10k but life is like a hell bad... because holiday or not holiday also need to work haiz... |
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Apr 10 2013, 07:06 PM
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Senior Member
1,152 posts Joined: Jun 2007 From: Kuala Lumpur
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QUOTE(SKY 1809 @ Apr 10 2013, 10:50 AM) Cannot say only Malaysia got problems lah ..HerbaLife in US is now facing problems too. I'm not saying other countries are problem/scandal free. I'm saying I don't trust the regulation authorities in Malaysia, the low volume of shares traded in KLSE and how manipulation-prone they are.Many stories going on there . Some more auditors gave insiders news to others to short sell shares. |
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Apr 10 2013, 10:12 PM
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Senior Member
1,569 posts Joined: Feb 2009
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QUOTE(Edisonkim @ Apr 10 2013, 05:59 PM) Just Sharing walau why life insurance too high? is it asset? will you enjoy it while you are alive? Im Age: 30 Occupation: Engineering Assistant Marital Status: Not Married no gf. Asset(s): 1 old car now cost dont know lolx because 10yrs+ Insurance: Life: RM15k Saving: RM30K Investment: FD: RM 18k Cash in hand RM10k but life is like a hell bad... because holiday or not holiday also need to work haiz... |
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Apr 10 2013, 10:14 PM
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Senior Member
1,569 posts Joined: Feb 2009
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QUOTE(Edisonkim @ Apr 10 2013, 05:59 PM) Just Sharing Im Age: 30 Occupation: Engineering Assistant Marital Status: Not Married no gf. Asset(s): 1 old car now cost dont know lolx because 10yrs+ Insurance: Life: RM15k Saving: RM30K Investment: FD: RM 18k Cash in hand RM10k but life is like a hell bad... because holiday or not holiday also need to work haiz... |
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Apr 10 2013, 10:34 PM
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Senior Member
832 posts Joined: Sep 2012 From: Richmond, Oakland hills 
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QUOTE(Edisonkim @ Apr 10 2013, 05:59 PM) Just Sharing Edisonkim,Im Age: 30 Occupation: Engineering Assistant Marital Status: Not Married no gf. Asset(s): 1 old car now cost dont know lolx because 10yrs+ Insurance: Life: RM15k Saving: RM30K Investment: FD: RM 18k Cash in hand RM10k but life is like a hell bad... because holiday or not holiday also need to work haiz... Life insurance is for protection purpose only, and not conclude as assets. you are transferring the risk from yourselves to the insurance company by promising a regular paycheck to insurance company for investment. Therefore, the return is not stable and guaranteed, you may get 50% from your investment amount, you may only get the return slightly higher if the investment gain a profit as shown in your portfolio. Saving is an also known as endowment plan, you are buying a fund offered by insurance company with no backed by anything, your unit is calculated in net asset value (NAV) which may varies depend buy and sell at the time. Insurance saving plan do not guaranteed you in an amounts as you pay, therefore, you need to calculated for the allocated premium available with the current market price but not your payable premium to the insurance companies. This post has been edited by adolph: Apr 10 2013, 10:37 PM |
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Apr 10 2013, 11:34 PM
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Junior Member
151 posts Joined: Mar 2008
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thanks for the reply bro so what should i do can advised a bit? thanks and troublesome you
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Apr 11 2013, 01:22 AM
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Junior Member
88 posts Joined: Aug 2010 From: Singapore / Indonesia / Malaysia
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Ok just sharing...
Age: 29 Occupation: Recruitment Consultant Marital Status: Not married Assets: 1 car - 2 years old worth 90K 1 house, 2 condos, 1 shop lot (shared ownership with 1 more person) Investments: Stocks: 60K FD: 350K Savings in Bank: 60K Liabilities: 1 housing loan, 1 car loan. Currently finding what I can do with the cash, I don't want to invest in stocks anymore as I feel stocks are already quite high now.. Don't want to go into properties as I'm already holding some. Sigh... |
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