Dreamer,

I think it's important we study about the company before we buy the share. We have to study the financial statement and their management as well. As I say, there's no fast cash we can earn in stock market. How much we earn depends on how much effort we put.

Try to study the market trends and financial situation of the company, then we will know which company is strong in finance and can give us returns although the market is going low. By study the market trend, we can even manage to get more returns by buy low sell high.

We all are learning together now...

Any pointers or tips on how we should start to learn investing ?

read books/internet about financial planning. Learn budgeting, control ur expenses, clear the debts (especially credit cards) before u learn to invest.

when u saved enought emergency cash with u. start with FD. then take 1 step ahead, live with the alienate financial terms, throw ur money into the med/high risk investment, (not too much) and start losing money. XD

losers are the one who run away after losing some money. winners are the one study from the loss and earn them back.

*yeah currently i'm in the "losing money" stage now. XD

This post has been edited by ky_khor: Aug 24 2006, 04:36 PM

Are u sure, if u buy at rm 6 for a share and divident at 6 % is rm 0.36 per share???

As i know even u buy rm 10 for a share, if divident is 6 % , u will only get 6% of the rm 1000. mean rm 60. and need to minus 28% of the rm 60 for income tax, if the dividend is not free of tax.

Correct me if i am wrong.

Ya, you should start with financial planning. Set your goal, save up an amount for emergency use. Then, you can plan any investment that suit the risk that you can take and can achieve your goal.

I think dreamer is right. If you get dividend of 6% from a RM6 share, you will get RM0.36 per share. This is same as your calculation, you get RM0.60 per share if the share price is RM10. The key thing here is, how many shares you're saying about. If your share price is RM10, I think one lot cost you RM10000, so you will get RM600 dividend. I'm not too sure about the tax, but 28% is the company tax rate.

1) By default, they deduct 28% from your dividend check and you can claim back after you file your tax return.

2) I know I am right because I am collecting the dividend every 6 months..


Dreamer

Leekk8,

I agreed with you about studying the company. But, in the case of UT, it is even harder than buying a single company's stock.

Dreamer

For Forex FD, since about 2 years ago local (both foreign and local) banks already got such service so don't need to go to the country to open up a FD account. Currency risk is definitely got, no doubt.
Just want to point up some and more investment tools.

For share investment, several key factors are the key to monitor.

- management (there are plenty of mis-management listing company here, I don't think need to elaborate more on this)
- earning or PE ratio
- dividen yield
- company prospect
- asset quality
- shareholding liquidity

Anybody heards something called "3-generation savings" from insurance company? A combination of insurance coverage and guaranteed money return? I'm not so sure ... just heard it from my friend.

http://forum.lowyat.net/index.php?showtopic=326577

Read my thread and my comment about insurance....

Dreamer

Ya, for UT, you can't decide which share to invest in. UT is for the people who don't know about this and have no time to study all these things. So, the fund manager will do it for you. If you have time and put effort to study it, you should direct invest in share market.

Anyway, it's good that there's bond funds, where we can invest in bonds. Besides UT, I really have no idea how we can buy bonds directly. Maybe dreamer can give me some idea???

I have never in my life buy bond directly. So, I cannot help you. I use a US bond fund.

Dreamer

P.S.: Why would you buy a bond when you can buy a bank stock with dividend yield of 6%? The yield is as high as the bond plus you have the possibility of capital appreciation

This post has been edited by dreamer101: Aug 25 2006, 08:37 PM

Currently new to here, but wanted to introduced Forex to everyone interested here. Please ask for more info. I'll try to reply as soon as possible. Can pm me too.

P/S: Every bussiness have risk. Don't ever imagined riskless bussiness.

issit from Great Eastern?

you do Forex? UGPM

I do help people who interested in Forex. Just pm me for more information.

Great Eastern also got. The one that my friend said is from UniAsia. He claimed that UniAsia offers greater flexibility and scalability..

we invest cause we want to earn more money....i got a investment scheme that earn money back within 3 months..u may add me on jassshan@hotmail.com or call/sms me at 016-9709917...its proven that a lot youngster invest and drive big car such as honda city,vios,and many more....money is for us to earn...i love to share with u all...hope we can earn money together...

Maybe I'm conservative. I wish to diversify my portfolio to UT, bond and share. I believe even established bank stock also cant guarantee there's dividend every year. Anyway, I agree with you that buying a bank stock is good and high in return.