The big players today may not be the same as tomorrow. Industry players expect some kinda consolidation amongst companies especially those that need to survive on profitability - they need to acquire to survive.

In the meantime, as long as Govt continues to pump money into Construction sector, our GDP growth will still be OK as GDP is computed by average of sectors. Overall GDP growth will still stimulate the economy.

Example assuming the bad scenario:

Manufacturing: -2% (past current average is +1%)
Services: +3% (past current average is +6%) -- domestic in nature
Mining: -3% (past current average is -1%)
Agriculture: +1% (past current average is +3%) -- domestic in nature
Construction: +6% (past current average is +16%) -- domestic in nature

Total average is still +1% aggregated growth (past average is +5%).

So the trick is to jacked up CONSTRUCTION SECTOR.

Well i guess in normal market condition you wont lose sleep, but if it is recession period? I can imagine the guy who bought AIG last time. Anyway I already made some return from stocks. Get in and get out before anything happens. After the 2008 election, KLCI dropped more than 100 points!

Anyway about your fren, so he made good return from properties I imagine. Just shows properties are better. Can anybody here in low yat forum give example of frens who are good at stocks but bad in properties? I believe it is either you are good with properties and stocks or you are good with properties but not stocks. I never heard somebody who are good with stocks but bad with properties. But Then i can be wrong, maybe somebody out there can share his experience.

It depends on timing.

Let's recall:-
In Year 2008, Padini @ RM0.28 per share (share split+Bonus issues)
Five years later (1/8/2013) Padini @ RM 1.77

Return= 1.77-0.29/5 years = 100% p.a.


ICap biz a close ended company bought Padini 22,700,000 shares (include shares split + Bonus issues) @ 0.28 in Year 2008 and hold until Year 2012 (not sure whether sell in Year 2013)


Who is the rich?
The rich is the one:-
1). Ability to select right stocks/properties/investment
2). Correct timing
3). Availability of capital
4). Luck

For normal persons who like to become rich, the first to do is to accumulate his capital.

This post has been edited by Nepo: Aug 2 2013, 08:52 AM

Yup your wrong. I somehow get to know a fellow colleague who only invest in stock and never into property. His word of advise... prepare to pay a sum of tuition fee before you can start earning haha.

I like your straight-forwardness (in relation to the first three words) lol!!!

I too know some uncle who is amazing when it comes to stocks, he's got a very simple strategy (secret)... but not that great in properties... so now he's already cashed out of stocks and keeping millions in foreign & local deposits... just waiting... he doesn't even bother looking at the index these days... just enjoying his dim sum, walks, tea, and chit chatting... I asked him why not go into properties... he says he's not good in properties and anyway he thinks prices are too high...

He looks just like any other uncle out there... I was shocked when I found out that he was freaking rich... jeezzzz...

True.
To invest in shares, u need to pay tuition either at initial stage or middle stage.
It is the worst scenario if u pay u tuition fee at the later stage.

Perhaps the same person? lol. Well i am straight forward and open to criticism. His indeed driving a jetta - did not take loan for it.. and staying in a fully paid semi-D in usj heights.. and his only 38 this year. I always chit chat with him regarding props... stock market and any rubbish which relates to financial topic. His comment was the same... waiting for the right time atm. He too share with me that he parked his money somewhere and waiting for the chance and asking me whether i'm interested to join him. Told him no money.

Oh thats not what i meant. I mean is there a guy invest in both but his stock portfolio was increasing but his property invest went down. I never heard it happen to anybody that invest in both. When somebody invest in both are both stocks went up but property portflio diminishes? Did that happen to somebody who invest in both in malaysia?

If somebody preferred stock over the other, well that is just preference and yeah different risk appetite. Actually i preferred stocks over properties but as i said i just bought the preprrty for own stay and then another one because the opportunity was just too good to pass up. And trading stocks are just easier to do and make money.

So he is not holding any stocks right now? But then he has the semi D.

nop spoken to him about this topic last week when his doing all his "si lai claim" hahaha. he release everything he has in hand last month and his now playing the waiting game. I guess he have a point and i too agree that if you have any stocks you should release them and wait for the real moment to re-enter. His Semi-D is for own stay though his only worry was aiya... my car 2nd hand value so low. HAhaha

Anyway can't comment much on your previous statement never encountered before in fact my circle of friends were not so good in stock market... we are all better with binaries than the graph and charts in stock market.

Don't think its the same person... This fella I know is an uncle, retired fella... His advice also... waiting for the right time... lol!!! hmmm... He only tell me one thing... now is time to collect bullets... when he enter he will tell me... But whether I have the balls to do what he does is another story... So I also collecting now... waiting for his green light... lol...

He started with few hundred K... now he has millions!!!! from stocks... I guess he must be doing something right...

I thought u r not into stocks? Ask ur fren when is the right moment to go back to stock. And his semi D must increase in value right? Well if it increases, then indirectly, he is a successful proprty investor and directly successful in stocks.
Yeah 2nd hand car value so low. I feel it. Cant imagine myself buying a 1st hand car and just diminshes in value so fast.

WoW!

nop i'm not.. I've already set a path which I want to go along with it. Will be only into property and my plan is to accumulate 7 by the age of 40 with some being fully paid off. I do not want to bother myself with other investment link cause i really do not have that much time..

bro again i think the investor word in this sense is a wrong word to use yes his Semi-D appreciated close to 200% but he always ask me.. If i sell where i want to buy? where am i going to stay? That's also a right question to ask to be honest. I think you can only categorize oneself if and only if the person plans to sell his property if they are planning to keep it until they sleeps in the coffin i don't think it's right to categorize ppl as a property investor. no?

When green light can help post here kah? Hehe

Yeah thats why i said indirectly he made a successful purchase on a property. Indirectly he must have analyse the potential benefits when he bought the property, no? Even for own stay i did consider the potential of my house increase, i dont want to pay for a house that can't increase.

And directly he is a successful stiock investors. Now he emptied his portflio coz he thinks it is risky right now to invest in stocks and waiting for d right moment.

Actually, I entered the market actively in 2002. That time the KLCI was around 600 and was on the uptrend. It was like shooting fish in a barrel. Any amateur can make money. My mistake was I was too conservative and no bullet to make a real killing. But I learned a lot. So timing is also important.

http://www.channelnewsasia.com/news/busine...tax/763634.html

Hmmmm ...

Compare to property market, those who bought in 2008, 99% would have made 200%-300% margin, very easily. Don't need to pick and choose, simply taruk also win.

But the same cannot be said in 2013, I admit. So do the stock market.

It is the choice of an investor who favour stock or property. I favour more to property, and less to stock. Not saying stock is not good, it give good returns too. But property has made way way more money than stock for me. Maybe I am unlucky to pick some stocks which didn't move as much. For one, I didn't pick Padini