I wish the majority best of luck.

<<i still feels that we will b colonised >>

There is no we here. The portion that they (foreigner) are buying never belong to the minority to begin with.

Dreamer

edifgrto,

Actually, I believe what Singapore economists said. Our economy is suffering like what Singapore was 3 years ago. But, Singapore did something to get out of this. We have not done anything significant yet.

Why do you say you do not like what they are saying?? Do not get emotional. Either you believe them or you don't. And, you trade accordingly.

There is no fundamental economic driver in current Malaysia bull market. Tell me what is happening in Malaysia economy to deserve such an optimism?? I see none.

Dreamer

<-Foreigner can purchase house of over 250k without approval.>

So what?? They can do this in other countries with less red tape.

<-In consideration of giving higher limit to foreign investors in GLC companies. >

With little or no protection to minority share holders, why would they invest?

<-The achievement of Genting getting more attention internationally>

Genting invest in Singapore as opposed to Malaysia. What does that tell you?

<<-Many companies are 'combining'?! (soli, me dun know the better word)>>

Obviously, you heard that the minority share holder got screwed in the process because the companies was sold/merged at low price. More disincentive to invest.

<-The contract of government in related to citizen(like highway?) are not supposed to be confidential. >>

Nothing concrete happened to stop it from recurring.

Dreamer

I am NOT GOOD at speculating. I am waiting for the stock market to crash and pick up some good dividend paying blue chip stock.

My rule is I do not invest on any company owned by GLC or GLIC. I was bitten by the UEM affair in 97/98. So, never again.

Dreamer

rewlie,

If they know which stock to buy, they will be rich. Why do they need to work as remisier?? This is basic common sense!!

Dreamer

Folks,

You make money when you buy NOT when you sell. Since I do not have to sell my stock in order to make money, the stock market crash is irrelevant to me.

Dreamer

Only buy share at a PRICE when the dividend yield is HIGH enough for you. When you do that, you locked in your dividend yield and you no longer have to look at stock price except maybe to buy more.

For example, if a stock is paying $0.60 per year, you can decide what is the correct dividend yield for you. If you think 8% dividend is the right number, you only buy the share at $7.50 or lower. Your choice. You can afford to wait because stock market is irrational and crazy. People will panic.

Dreamer

This post has been edited by dreamer101: Mar 2 2007, 07:54 AM

Wufei,

Now, you are being STUPID!!!

Who ask you to buy stock just before it pays dividend??

I bought this particular share at $6.80. And, I got paid $0.60 for 2006. Meanwhile, the share is above $8 but I do not care.

I got return of 8.8% without selling the share. Show me what have you done to beat this.

Dreamer

Wufei,

Now, it is confirmed. You are STUPID!!

Who ask you to buy a stock on a day before ex-dividend? You could buy a stock on any other day. There is only 4 ex-dividend days per year.

Dreamer

0.60 per share. You have 5,600 shares.

So, your dividend = 0.60 X 5,600 = $3,360 before tax.

Dreamer

---

Added on March 2, 2007, 10:08 pmFolks,

There are investment and speculation. You use different criteria for each purposes. Think of yourself as your own money manager. You do not have to only do one thing. The proper balance is to invest (85% to 90%) of your money and speculate/gamble on (10% to 15%) of your money.

(A) For investment, you are looking for (10% to 15) return for year. So, you need a lot of money for you to get rich.

(B) For speculation, you are looking for greater than 30% return per year. It is high risk and high reward. If you win, you do not need a lot of money to get rich.

As your own money manager, you ensure your victory by (A) and if you get lucky, you get rich faster by (B). You do not have to do only one thing.

By the way, for (A), one of the formula that people use nowaday is

GARP -> Grow at Reasonable Price.

(Dividend Yield + Earning Growth) > P/E

For example, assuming company has a dividend yield of 10% and earning grow at 10% per year and current P/E of 10

(10+10) = 20 >> (P/E of 10)

This is a good deal at current price assuming that this company can continue to pay dividend and grow earning.

Don't assume that a high dividend paying share is not growing well either. If you choose wisely, you can find those deal. You just have to be patient and wait for the share to go on sale.

Dreamer

This post has been edited by dreamer101: Mar 2 2007, 10:08 PM

<<Now it is only slightly higher than FD 3.7%. The public mutual unit trust fund I bought pays a dividend of 4.5 cents but the calculation is different. >>

You know that translate to a return of 4.5% which is lower than 4.91%.

This is because you choose to buy PBB at $8.80. You could wait until the price is lower before you buy. It is your choice and totally under your control. You do not get this with unit trust. You do not get to determine your own return.

Dreamer

<<You buy stock when they are cheap not because they are down.>>

This is one of the best advice. You need to have a system to evaluate whether a stock is a good buy. You buy when it is cheap enough.

Dreamer

Chewxy,

How much is the annual dividend for Dutch Lady?? Isn't it one of the highest dividend yielding stock?

Devils,

Do not gamble with the money that you CANNOT afford to lose.

Dreamer

Devils,

I wish you luck!! I only buy one stock in Malaysia stock market. I do not know how to invest / speculate on other stocks in Malaysia. So, I have NO IDEA whether the rest of the market is investable. Plus, I have low risk tolerance.

Dreamer

P.S.: I have a very interesting idea. Seriously, if someone want to invest in Malaysia market, they could open a USA stock brokerage A/C like etrade and buy the share of EWM. Then, they will be invested in 60 companies of Malaysia. The annual management cost is 0.60%

http://www.ishares.com/fund_info/holdings/...equestid=186039

This is significantly lower cost than any unit trust in Malaysia

This post has been edited by dreamer101: Mar 4 2007, 10:29 PM

Devils,

I only take risk on 10% to 15% of my portfolio. For that part of portfolio, I only gamble on US stock. The return on USA risky stock is much much higher since USA market is much much larger and I know USA market better.

Dreamer

Folks,

There is NO fundamental economic support for the last few months rally in Malaysia stock market. So, regardless of what happen to the rest of the world, how sure are you that Malaysia stock market will not crash??

Malaysia economy is NOT doing well.

Dreamer

edifgrto,

I am waiting for Public Bank to go below $7 before I start looking. Hopefully, buy at $6.

Remember, I make money when I buy. At $6, the dividend yield is 10% with $0.60 dividend. At that price, I can collect dividend forever.

It is time like this. People should remember they are "buy and pray". You buy and pray that the share price will goes up and you can make money. So, now, you have to pray hard.

For me, I make money when I buy. All this price movement does not matter to me anyhow. I have been there and done that. I had been burnt badly before. So, now, I make money when I buy.

Dreamer

---

Added on March 5, 2007, 9:57 pmPowerDunk,

Who ask you to simply believe anyone or everyone's prediction? You can do your own thinking.

Dreamer

---

Added on March 5, 2007, 10:01 pmedifgrto,

This kind of people is or is not as evil as people that spread predictions that the index will go up to 1500. People need to learn to think on their own or stay in FD.

Dreamer

This post has been edited by dreamer101: Mar 5 2007, 10:01 PM

Wufei,

This is life. if you do not know the market price of anything, you deserve to pay more. This is like you shopping for anything. Why do you think it should be any different for broker fee??

lukevin,

1) So, you charge your best customer more and charge your lousy complaining customer less. Just think about this for a while. Isn't this a recipe for disaster for any business?? You treat you best customer with less respect.

2) If you think 0.6% is not the right number, a person should have the integrity to drop any customer that ask for less. If you think you are worth 0.7%, why drop the price. If you think you are NOT worth 0.7%, why are you charging your best customer that price??

3) Or, are you saying that you will be treating the 0.6% customer differently than the 0.7% customer?

There is something wrong here.

Dreamer

lukevin,

You are operating business in a way that will guarantee you long term failure. You will lose your good customer eventually. I know I would leave. I do not negotiate fee with my broker. I trust my broker to give me the best deal. And, if I ever find out that is not the case, the broker will lose my business plus all my families business.

Dreamer

1) Dividend is ONLY taxed at 28% if you are in the 28% income tax bracket.

2) Growth potential stock is a "buy and pray" stock. You pray that your stock went up and make you money. How good is your prayer?

3) Why do you need to settle for anything?? You can choose to buy stock that has both. Just do not buy any stock that is NOT good enough. It is your choice and your decision.

Dreamer

This post has been edited by dreamer101: Mar 19 2007, 11:42 PM