Yes, discipline is very important is investment. Set a limit for win or loss...don't be greedy, then you can survive in the market and earn money. I think , if you just invest with the money that you have, I believe it's not easy to get bankrupt, just don't borrow money to invest. Save your emergency fund, use all your extra money to invest...

May I ask what TA and timeframe are you using?

Stock market is a giant casino. You see people at the casino observing, watching, placing their bets, some win, some lose.

I have a couple of questions:
1) What's the inflation rate like? never mind, found it on previous page, it's 3%
2) What's the interest rate for bonds?
3) What's a good savings/investment vehicle for constant top-up with low risk and does not require monitoring? I'm just gonna pump-in a small amount of money (RM100, RM200) each month and let compound interest do the job. I am not looking to pull out anytime soon and would like to 'forget' about the money I put in (meaning I won't touch them).

This post has been edited by Dannyl: Sep 29 2006, 03:19 PM

i guess only ppl who're losing money call it a casino. other ppl dun.

In fact, is the stock market is a casino or not, depends on the investors. If you just pick the stock without doing any research or study, then it's gambling, just depends on your luck. If you play contra, meaning buy stock even you don't have so much money, then you're borrowing money from ah long to gamble. If you put effort to study and do research about the companies before you buy the stock, and take this as long term investment, then you will get the returns.

For speculators
Stock market definitely is the casino, they just buy and sell the 'price' and gain and lose from it. Whether it is A company or B company, who's care, the important is that the syndicate will push the 'price higher' so that I can gain from it. If really want to speculate, better go for the futures market which is more volatile and lesser cost though I won't recommend people to speculate, once awhile is ok but not on long term basic.

For investors
The stock market is another investment tool and invest into a good managed company that will yield got dividen while capital appreciate together with the company growth.

But sadly to say, most of the KLSE retailers are at the speculators side, often you heard some asking got tips or not.
For those playing contra and using margin at long term basic, it is just like suicide.

This post has been edited by cherroy: Sep 29 2006, 05:38 PM

Cherroy,

IMHO, there is only one stock worth buying in the whole KLSE. Everything else is pure speculation. But, then again, I admit I have NO idea how to invest in Malaysia stock market. With 50% of the KLSE owned by GLC and GLIC, government action affects everything. I do not know how to read/forecast government's action since it is not business driven.

Dreamer

Still,if the stock market is driven by speculators as you claim,the liquidity is still very terrible.The amount of market participants is very poor.

Even the FKLI at the moment,is starting become as boring as the stock market.

2. Depend on period to maturity. Longer/higher.
3. You can try investing in fixed income fund.

never try or even think about it before, but how can we buy stock/fund of other country?

unless i'm wrong, i think i read somewhere that Unit Trust company investment income ranking this year: 1. southern bank 2. OSK-UOB 3. TNT

This post has been edited by ky_khor: Sep 30 2006, 07:48 AM

Ky_khor,

You cannot do it but I can since I am an US PR. This is what I buy:

VSMGX
No load
Annual expense = 0.25%

It consists of 4 funds

1 Vanguard Total Stock Market Index Fund 35.1% -> Cover all US stock market

2 Vanguard Total Bond Market Index Fund 29.9% -> Cover whole US bonds

3 Vanguard Asset Allocation Fund 24.9% -> Move between total stock or total bond depending on adviser.

4 Vanguard Total International Stock Index Fund 10.1% -> MSCI EAFE Index -> Index of the rest of the world excluding USA.


Vanguard REIT Index Fund Investor Shares (VGSIX)
REIT of whole USA Real Estate
No Load
Annual expense = 0.21%


Compare to the options that I have in USA, only one stock is worth buying in Malaysia.

Dreamer

i use try quite a no of TA.But i prefer using meta trader 4.The time frame is not spesific.I trade only when i saw a reversal sign,Go only for long trade..

quite agree, the FKLI is some how very quiet recent few months mainly due to sluggish performance from the cash market. Not to mention the SSF which has been dead and buried now.

Individual will find little options to invest abroad, but if really interested can invest into the some global fund which act as feeder fund that invest into oversea fund particularly in US. Almost all global fund outperform local equity fund due to sluggish performance of KLSE currently if you look for 1-2 years performance ranking.

Just sign up with a US broker and register your self as a Non-Resident Alient. You will need to submit a copy of IC and relevant documents. Fund the account and you are all set to trade(buy /sell> make/ lose money). Oh and I believe profit from trading in US are not taxable when you move them back to Malaysia. For stocks dividend, US gov will tax you 30%.

This post has been edited by whtrader: Sep 30 2006, 01:02 PM

You must be using TA for reversal sign ,if not how do you know it will reverse? Gaze stars check horoscope . Just kidding.

read more about technical analysis..last week gbp/usd were down at the lowest point..i think when the market open on monday,will gain a lot of profit...

Sorry man Read wrongly again..........thought you are not using TA. Only longs for you? Using 4 TA here.

so many investment-related threads been created. good for them.

I have seen countless of TA indicators that I dunno which are useful. Can tell me which are more commonly used ?

This post has been edited by luqmanz: Oct 2 2006, 12:43 PM

Wellcall Holdings stock ... gained 90% in 2 month.
Anyone bought this stock ? Good for you