Saturday night dont look look see see forum lah... go wet lor..

So all these stocks.. you are sure they will be here in 30 years' time?



But again.. are you sure it's going to be here in 30 years' time? I can guarantee you Con Ed and Royal Mail (and Tenaga and Pos and TM) will be here in 30 years.. I can guarantee you that, can you do the same for all the counters you listed?



REITs are a possibility.. but then after tax a lot of the good ones are not even 5%. And some of them can drop 20+% and never recover

Nice.. which is why I should be learning from you i guess



Crunched the numbers. If you bought 1000 shares of PBBANK in Jan 1984 (31 years ago), after a lifetime of investing you'd have made over 2,400%, which sounds impressive until you realize it's Rm24,458 or about Rm788 a year, Rm65 a month.

So basically you made Rm65 a month for 31 years. Is that considered a good return?

I don't have a model for DCA yet though.

This post has been edited by wodenus: Sep 13 2015, 12:03 AM

In 30 years time, high likehood I would be dead . 30 years from now, we would have gone 2 to 3 economic slowdowns, many2 things will change.
Loonnggg before that 30 years I would switch change whatever the stocks if they fall, world trends change. They dont even have to be here in 10 years time. I would have made profits from them, more than what Tenaga, Pos or TM can bring.

At the moment, they(index stocks) need EPF to boost them up, export stocks dont. And these index stocks price have caused a lot of people to lose money from the dropping prices.
Tenaga has some negative sentiments against it due to connection to IMDB. I'm more concerned all these GLCs will sucked dry before the corrupters get caught. Seen it happen during Dr M's time.


Come to think of it, TNB may not be the same TNB in 30 years time. If Syed Mokhtar is no longer crony (ops he may very well be dead by then )
You cannot guarantee Pos and TM will still be the same monopoly they have now, especially if the political landscape changes.
Of course, if you want stability, go for it then. Just my principle not to touch certain crony stocks and politically linked companies. When the politician falls or a politicla party falls, so do the cronies. When Ah Jib fired the DPM, companies connected to the DPM were effected and the new DPM's group become the new shinning stars. That's how Msia is.

I dont have to guarantee to you and you dont have to guarantee to me. You want to invest in overseas stocks fine too, it's your money anyway. Most important which ones can make more money for retailers like us next few months/years.

This post has been edited by eaglehelang: Sep 13 2015, 12:09 AM

How do you know when to switch? local stocks seem random to me.



I want stability and a good return, doesn't everyone?



It's not that I want to.. I can't figure out a way to invest locally that is in any way stable and profitable. And foreign equity is nuts now because he's goosed the fx rate. So I am kind of stuck.

This post has been edited by wodenus: Sep 13 2015, 12:34 AM

Compared if you put the same amount in fd.. how much did you get?

Your number crunching account for the dividend reinvestment as well?

This post has been edited by gark: Sep 13 2015, 02:34 AM

Any web or tips which ipo should I go for newbie ? Since I'm not really pro about technical analysis I think better I go for ipo first

It's either that, or its someone who is

1. Reach an age who is thinking of financial freedom and retirement in the future
2. His calculator shows his FD cannot give him financial freedom and carefree retirement
3. Read this forum and found out you guys making good money
4. Become jealous and do some "30years" flawed calculation of some stock. Missed out some parameters like dividend, share split, bonus issue or rights issue and conclude even PBB's return is same as FD
5. See current volatility and crisis and conclude at anytime, stock market experience the same turmoil and risky
6. Hence don't see a way out and become extremely confused about his future

The usual reaction from a skeptical, negative, risk averse person. A person a financial planner experience nightmare to talk to. A ultimate hurdle for a financial planner. If he can convince him, he can convince anybody

He needs help. A lot of help.

No idea.. FD rates were quite high then.. around 7 or 8%..



Nope.. it's pretty basic for now, maybe later.

You got all that from the posts? Actually we have that data and it is in and taken into account. But yes I am a KLSE n00b. Everything I look at seems either too risky or too overpriced. Alternatively I would be happy to pay someone a percentage to get me a better return, but only as a last resort, since that means I don't get to learn anything.

I read in one of Buffett's letters "don't buy anything you are not prepared to hold forever" so I'm looking for something that has a yield above FD rates, that I can hold forever (that is pretty much guaranteed to be here all our lives.)

There are many like that in the foreign markets, but with the rate being what it is, it's gotten to the point where we have to look locally for the same thing. That's the only criteria really, something that has a yield above FD rates, that I can hold forever. So, any ideas?

This post has been edited by wodenus: Sep 13 2015, 10:01 AM

Please do allow me to add some comments, as I think you must have many questions unanswered in your mind.

First of all, I think it is important for us to know what's your idea of the next best alternative to stocks (I believe is FD), and your own answer to uncertainties. What would you do if you lose your job? Or your hand? What is your idea of the best course if such unfortunate events happened to you?
To me, just like many forummers mentioned here, it is important to have some diversity. I have medical and accidental insurance to cover my immediate expenses, and a FD account to cover for the next few months. I also invest in some stocks, and trade in futures, as a side income. I am also doing business (full time now), which fortunately has now been able to cover my monthly obligations. Therefore, to me, the investment in the market is extra income for me, either to reinvest, to spend on some luxury, or to save for a rainy day.

It is important for us to understand risks too. For every investment that could give a return, there are risks, including FD. A bank could go insolvent and bankrupt, although very unlikely (therefore FD is safe, but with low return). You may consider unit trusts as your next option, and then stocks, and then perhaps futures or warrants. You asked how do we know what's gonna happen next. We can't predict, just like you can't know when would the bank change the FD rate from 4.2 to 4.4, and then maybe a sharp drop to 3.5%. In this case, you may earn less. In our case, there are risks of losing money.

How do we know what company is good or bad? What's the fair price? When to let go? There are of course no way to predict, but we try our best to understand and forecast. We read financial news, we analyse the financial reports, we ask in forums, we study the fundamentals, the industry, the chart, the political situation…many more, to be as informed as possible. From there, we make a decision that is as sound as possible to ourselves, and we bear our own risk. We won't know for sure, but we try to minimize our risk. You can't possibly tell us that FD rate won't go down to 3% for sure right?

You also mentioned the word "stable" for a few times. In my opinion our market is stable enough, this is just a particular time where it is volatile. Stability is not just buy into a stock and hope that it will yield you some good profit. You can do that, but the return, again, won't be too high. It will generate you good income only when you put in effort to analyse and re-analyse, and make good decisions continuously.

Finally you have to know what's your aim. You want to make a living entirely from the market? Or you just want to use this as extra income? Or you want to use this to cover your monthly expenses and you day job as extra income? We are all in here for different reasons, with different aims, different methods, and different risk appetite. The only thing we share in common is that we want to make money.

So how about you?

Wow. After 2 days the discussion still haven't end? Lol.

I remember he started because of what I posted. Actually thought he's experienced like Boon, or gark they all. So many stars ma. Lol.

This post has been edited by TakoC: Sep 13 2015, 10:13 AM

I'm looking for something that has a yield above FD rates, that I can hold forever (that is pretty much guaranteed to be here all our lives.) That is all. I can find so many in so many markets, but not in the KLSE.

You have many stars too..

pay more brokerage to your remisier ....

their tips are far more accurate than all those web tips .. lol

That wasn't a post to insult you man. First impression la.

There are 2 types of remisier. One that have syndicate connection, and one that don't know anything.

Just ask you to buy, end of the day they ask you sell earn commission.
Second is with syndicate connection. They buy follow syndicate, ask you buy. They sell after. Lol.

Not insulted trying to understand KLSE.

I don't even have remiser lol, brokage only

Read the edge what company get new contract, hire new CEO, etc2 one of the way ? Will do ?

You came across as a NATO. If you've taken any action before, you would not be asking any such questions anymore. You would have been invested (way earlier) in those many stocks in foreign markets that you have identified as great holdings. These actions would have more than answered all your questions as you're the beneficial owner.

By they way, why don't you share the long list of those many great stocks for the benefit of other readers? Some readers of this forum are not aversed to foreign market investment even at this exchange rate. They may already have cash holding in foreign currency; forex is not a concern. ROI or yield is.

This post has been edited by spiderman17: Sep 13 2015, 10:31 AM