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 STOCK MARKET DISCUSSION 118, Yat Yat Fatt - Apple Free

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Boon3
post Apr 26 2012, 12:08 PM

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QUOTE(panasonic88 @ Apr 26 2012, 12:04 PM)
lol that is the reason why you work lor.

Unless you wan to tell me you own a 24 hours money printing machine at home laugh.gif
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LOL! This is why I don't dare tell people to destroy the sell button....
Boon3
post Apr 26 2012, 01:45 PM

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QUOTE(cherroy @ Apr 26 2012, 12:54 PM)
Everyone is different, and has different strategy.

Just I/we are sharing our own taught and experience, and not mean other must follow, or what had been done must be correct as well.
Just read for pleasure, knowing others taught, experience which only can widen our focus and widening the perspective.
This forum is not meant for recommendation what stock to buy.
That's why those topic "recommend what stock to buy or good" is generally closed by mod, and generally not welcomed. 

Forum policies meh? hmm.gif

QUOTE(cherroy @ Apr 26 2012, 12:54 PM)
But for stock market investment money, only invest the money that are not going to be used upon, aka all other expenses, emergency money/portion has been well allocated.
One side working daily job to earn income, paid expenses, accumulated emergency money, long term future money,
while on one side the saved, unused extra money, is put into stock market to earn passive income, so that can have exponential effect on wealth accumulation.

Do we assume that everyone who invests in shares have allocated their money wisely?

QUOTE(cherroy @ Apr 26 2012, 12:54 PM)

Stock market is advisable for one idle money, which is not expected be called upon in most circumstance.
hmm.gif Everyone here only invest with their idle money?

As much as I believe in holding stocks for the long time, I strongly believe in selling, if and when required.

Boon3
post Apr 26 2012, 01:52 PM

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QUOTE(tanch78 @ Apr 26 2012, 01:38 PM)
Just realised my posting (re. no sell button) this morning has trigger so many comments from forummers.

Let me clarify my position. Basically I am getting more "kian si + kian su" since 2010 as upgraded to old uncle status liao.

I invest mostly in fundamental stock (my own definition and I hope I am right) like Maxis, PBB, BKAWAN, Calberg, Nestle, etc and REITs counters. So far, they give constant dividend every year and capital appreciation as of today is significantly high! blush.gif  These counters made up around 90-95% of my total stock portfolio. My previous experience was that I can sold these counters for a very good capital gain; but I will never able to find alternative investment that will give me the same constant dividend or similiar ROI.

But of course, my hand get itchy sometime. Therefore, I have bought some stock recommended by lyn forummer previously for medium term holding (6 - 18 holdings). Example like DRBHCOM, Tambun, Ivory, Smartag and a few more. Some I still suffered paper losses as of today!  cry.gif

@ Boon, I have separate emergency fund in FD and A1SM/ASW funds. I only invest my extra / idle cash in shares and also reinvest using dividend receive every quarter. I have fully settled my housing loan at one go previously using my hard earn money saved while working oversea  cry.gif , therefore now I have huge extra cash for investment every month (not limited to shares). 

My plan is to review my stok counters performance (and other investment) every quarter. But to be honest, I am lazy most of the time and merely update the latest market price. I hardly follow and read every single post in this thread anymore. Just come here to chit chat once a while. I think I frequent kopitiam much more whenever I am free. Haha  tongue.gif

I appreciate the contribution from some sifu like Cheorry, Sky, Moneymonkey, Pana and more people for their sharing.    thumbup.gif
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I am rather sorry but please understand that my comments were not directed at you. I believe a 'no sell' strategy is risky. There are times where the only logical decision is to sell.
Boon3
post Apr 26 2012, 02:03 PM

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QUOTE(cherroy @ Apr 26 2012, 02:01 PM)
Nobody can comment on this part, it is individual issue.

Even one wants to leverage 50x of money own, also it is about individual issue, nobody has the right to comment.  smile.gif

It is understandable, especially there is significant chance of fundamental issue,
just some forumers and I as well posted past experience that making "wrong choice" of selling, therefore refrain selling in most circumstance unless really required, because I am bad in timing the market.
Eh? Market timing again? Is market timing the reason one sell a stock?
Boon3
post Apr 26 2012, 03:12 PM

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QUOTE(SKY 1809 @ Apr 26 2012, 03:09 PM)
This one I have to 99% agree, buy and hold type.
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I also agree but I buy and I hope. ( Hoping is always better than holding. laugh.gif )
Boon3
post Apr 26 2012, 03:19 PM

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QUOTE(SKY 1809 @ Apr 26 2012, 03:16 PM)
Hope could be Fake too.

End of last year , many hope markets crashed in first Q of 2012, but turn out to be best performing First Q in many years. whistling.gif
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Haha! If fake then no choice but be a water fish. laugh.gif Don't you ever hope after you buy a share? tongue.gif
Boon3
post May 2 2012, 02:57 PM

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QUOTE(panasonic88 @ May 2 2012, 02:53 PM)
Sarpot Bone. biggrin.gif
Sell button got destroyed? laugh.gif tongue.gif tongue.gif

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