QUOTE(fairylord @ May 7 2019, 06:40 PM)
Thank you for all not hesitate to share the experience. It's really seldom reading about the adverse side of investment as none would like to share the failure.
So far, have not seen any unker aunty share about the 2008 and earlier recession, how to live over the doom days. May be we all here are majority investor (or new) of youngster generation which yet to experience those suffering moment from financial and investment perspective.
Always we heard some sifu suggest to average down and when you believe continue to hold, or save warchest and get ready to hoot during/after recession. I just don't understand how to hold up my believe when the price arrow are shooting down in a graph and my heart is keep pumping the blood all over the body while we unable to identify where is the bottom and start bounce back.
Are you able to hold?
Are you dare to hoot?
I wont call my self a sifu. in life if you are looking hard enough youwill get the answers. judging from this you are from investing perspective (fundemental is very important) So far, have not seen any unker aunty share about the 2008 and earlier recession, how to live over the doom days. May be we all here are majority investor (or new) of youngster generation which yet to experience those suffering moment from financial and investment perspective.
Always we heard some sifu suggest to average down and when you believe continue to hold, or save warchest and get ready to hoot during/after recession. I just don't understand how to hold up my believe when the price arrow are shooting down in a graph and my heart is keep pumping the blood all over the body while we unable to identify where is the bottom and start bounce back.
Are you able to hold?
Are you dare to hoot?
if you are certain the business that you holding is fundementally strong you should continue to hold.
what is the criteria of good business ? you must understand just like any profession it take many year to specialise in their craft. heard of law of 10,000 hours.
to cut the granny story short. here is the lead
consistent earning and sales growth and low debt with lot of cash in hand which mean they have some forms of moat.
Current ratio excced 1.5 and Debt /equitty ratio of <0.5
sales and general administartion exceed of 30% of gross profit margin is a no no meaning management taking too much in bonus or salary
what is the outstanding shares look like? are they printing more shares or share buy back. (usually not happen with malaysia stock)
(again if you are investing this is also a probablity strategy it doesnt mean it work all the time it also depend on economic environment if us going war with china those probability most like wont work, like winter your crops just dont grow)
investing you need a one great deal of ingredient that is PAtiently waiting for the right price.
like mr buffet once said like a punch card. if you can only punch 20 time in your lifetime you will think very hard each time before you make those punches and infact you dont need 20 punch to get rich. probably 3-4 punch you will be in a comfort zone.
good luck.
May 9 2019, 08:44 AM

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