I'm curious as to why people use PM agents when you can do it online at FSM or eunittrust for less than half the commission?

If FSM had agents, paid them 2%.. still cheaper than PM, and they carry more funds. Wonder why they don't do that.

So.. what did you pay them 5% for.. if in the end you still have to do it yourself?

Don't see the point when you can just buy the ETF off Bursa.. save the front-end load and the 1% every year.

Not really.. they have market makers, there's just no queue.

You think? I know someone who is a stockbroker, his card says he has a degree in Finance, but he does not know the difference between a dividend and an option

So much trouble to make Rm500-600 all you need is 150K in FD.. guaranteed Rm525 a month already, why risk capital lol

Anyway you're the first stallholder I know who has so much time (unless you rent out the stall or have someone else run it )

This post has been edited by wodenus: Sep 7 2015, 06:47 PM

And what is selling at 0.30 that would imply Rm0.003/share lol also who is going to charge you Rm0.30 brokerage

This post has been edited by wodenus: Sep 7 2015, 08:33 PM

So now you are a stockbroker than runs a wantan mee stall? still can't beat someone who has more than 150K in FD.. don't even have to make a phone call

This post has been edited by wodenus: Sep 8 2015, 09:49 AM

So in the end you are still risking capital? that is really still my problem.. In the end the markets don't provide an adequate risk/reward ratio - the difference (in ringgit terms) between risk and no risk is so small as to not make it worth the risk.

This post has been edited by wodenus: Sep 8 2015, 10:06 AM

Exactly. My problem is.. why do people take on a risk, when they can make almost the same risk-free? this is what I don't understand. What am I missing, that makes people take crazy risks for something like Rm50 a month? you say you make Rm500-600 a month, but you can do that risk-free, so why do you do it?



That is beside the point.. it's just that it does not keep up with inflation. Consider Tenaga for example.. suppose I bought 1000 shares 24 years ago. I would be risking about 5K+ (about six months salary back in 1992) and by now I would have a profit of just over Rm8K. I could work anywhere for a year risk-free and make more than what I would have made after investing for 24 years

Sure it looks great.. ROI is 100+%.. almost 11% a year for 24 years, but it's just Rm8K. You put at risk something like 6 months of your salary and all you get after 24 years.. is still about 6 months' salary




This post has been edited by wodenus: Sep 8 2015, 11:52 AM

So all that work, and you still only make 500-600 a month.

That's still beside the point.. point is, you are not making efficient use of your time

I think I get it, if you get another job.. you'd make more money, but your wife would know. If you trade, you make less but your wife won't know