I terasa ok. Do not do not listen to the ppl spreading negative news. I am getting hated by ppl i do not even know because these evil ppl r going around manipulating the gullible

Ok ok. You terasa. No kiatan to me. If in your real life people hate you because of rumour, maybe good to do self reflecting lah.

Online ini open forum, k? 😉

Kena sabo until everything also gone. How to self reflect. Dont get scammed by these ppl.

This post has been edited by flight: May 11 2019, 04:50 AM

Those with inferiority complex tend to names calling, personal attack instead on subject.

This post has been edited by icemanfx: May 11 2019, 12:52 PM

Mind sharing more details?

Came across some video, articles saying if only they bought the index or funds after the financial or subprime crisis. Look for long term like 20 to 30 years.. value up by few hundred %. Then show chart of period from 19xx to 2016.. which is indeed uptrending graph.

What it's like during those crisis in Malaysia? Most YouTube video or article only talks about the US and world generally..

This post has been edited by xcxa23: May 11 2019, 01:32 PM

Anyone kena burnt in investment?, Experience and your lesson learnt (Investment)..

Plenty....Malaysian stocks (I think it was a stock begin with R that cost me a lot, I bought on margin in that one, lost about 2k back then which was about 1/5 of my portfolio)..one of them, WCT, Zelan, Cocoland...

US Stocks - Chimera Investment (-USD1800), BP (bought as a good investment but it tanked after Deepwater Horizon), and used to be Starbucks (I bought it a 2nd time after a loss on the 1st, and it has netted me well)....

I guess it made me wiser not to buy on rumours and sell on news...A bit more cautious in buying stocks, setting a plan for my trading style (either hold or sell at x% profit), stick to the plan, not let emotions run the show, look for solid stocks to hold, etc.

Since then I have had my fair share of losers, but more winners. You can't win them all, but you try to shoot for as many winners as possible. A lot of it for me goes into studying the P&L, Balance Sheets, Review company, etc.

Even after that I still won't hit winners all the time, some are losers but you won't lose big if there are solid fundamentals with the company - timing might just be out (i.e. free hand tweet from POTUS at odd hours) or market sentiment turned against the industry...

Someone mentioned (I think Jordy) said average down. I used to do that until I read another book that said you should average up, not down (William J. O'Neil - How to Make Money in Stocks). But read it for yourself to understand the context. Today, looking back, I can't fathom why I averaged down.

Bought into agriculture commodity etf thinking rapid population growth + frequent natural disaster and climate change will push prices up due to supply < demand in the long run.

Human capabilty proved my predicition wrong as technology and science increase yield so much that they consistently outpaced demand and the population insatiable hunger.

But im still holding it, maybe one day thanos predicition is right. Over population will happen.

If you meant the 2008 crisis, it was a scary roller coaster ride. I remembered the biggest fall in the KLSE and it came the day after everyone returned from Deepavali holidays. A few days early DJIA had just slumped. So we had Deepavali to enjoy and prepare for the bloodshed that came next. But once that was over, and if you had cash leftover, it was a buying spree.

And if you bought right and traded smart, you would have made a bunch of cash...The risk was the market would tank, but once it went up, and investor confidence grew, it was time to buy.

Public Bank was RM8 or something....That was the 1st stock I bought after the crash...and still hold. I don't think I can get that price again.
And there were a few times I went in for like 200,000 of a RM0.20 company and only to sell it at RM0.22, netting RM4,000 in a trade. Do this a few times over a few companies and then you get the stock market to pay for your honeymoon, house renovation and much more...


Oh...And I joined LowYat Forum in May 2008

yes and for every crisis happened, especially in asia and how malaysia market reacted.
thanks for your input.. i am still studying that time and had absolutely no interest in finance.

only started interested and investing during 2010..

do you still remember which company, survive the 2008 crisis and still doing well in brusa
i do heard alot ppl, aunty uncle, say if only that time buy bank share.. wondering which section able to tank the market.

haha.. i jz manage to profit 6k+ from construction share..

damn.. heart of steel.. 2008 was second crisis?
manage to earn from recent trade war?

David_77

May I know what ETF ?

Hi sifu, i would like to know how and where to buy stocks? Newbie here.

Invesco DB Agriculture Fund. It just got hammered again by trade deals.

If the company is doing well and generates good FCF year after year, but for some reason the price is decreasing, then it could be good to average down. Be mindful though of the valuation which you are buying into. You have to check if the share is indeed undervalued before you average down. It's a double-edged sword.
Government policy changes also will have a great effect on the related stocks. I was unlucky because I averaged down when PTPTN decided to trim down the margin of loan per student. That was a grave mistake.

There are plenty of them. I did invest into Scientex, Axreit and Atrium after 2008 and was well rewarded. I did not hold on to Scientex and Axreit when they jumped between 800% and 200% from the price I sold respectively. That was also a mistake for me. They were doing SO well. And as with the case of Public Bank which VyvernS mentioned, jumped from RM8 to RM25-ish now.

Just to add (not to disagree the use of FCF, in fact FCF is one of strong indicator how well the company is doing)

FCF is not foolproof figure to see whether it is worth to average down or not, especially those cash generated is not rewarding back to shareholders as dividend.
Also, billions of cash may be wiped out in single poor investment decision made by the company, or large capital outlay needed to replace the depreciation figure that resulted FCF every year one.

There are companies with strong FCF, even racking up billion of cash in coffer, but stingy to reward their shareholders, generally those stock share price won't be performing too well either.

There is one common feature on those stock that so called rewarding over the long term -> Strong FCF that translated into generous dividend to shareholders.

Yes, thank you Cherroy for adding that. I didn't mean to add so much detail into my previous post. There are just too many factors to be considered that if we mention all, it will definitely be as long as a blog post

But truth be told, dividend investing is one of the sure way to success in long term stock investing. Invested in the right companies at below their intrinsic value, you can just ride through thick and thin of the economy, unless of course like what Cherroy said if the company made a wrong investment decision, then the company will be in a difficult situation.

Kena burnt by Genting Malaysia while I thought all the bad news already factor in, who know the Genting really that sui, after 3 bad news came out, they kena one more.

Luckily now go up a bit.

Why did not hold on? Exit strategy, target reach secure profit?
Hmm.. so indeed there company that may strive even tho crisis occur.. just we have to have sharp intuition and not blindly listen to so called buy buy buy low low low.

I was told, during crisis, most secure and confirm won't delisted is bank sector. Which I think is half true? BNM won't let bank run happen but as for delisted, I think bnm don't really care right?

May I know why you opt for the two stock not bank stock?

Eon bank got delisted after merged with hlb.
Investor tat invested at rm8 got burned when take over proce rm 5+

Bank stock is not foolproof.

There were banks that facing severe problem during downturn due to increase of NLP, which needs to be bail out or seek for financial assistance that may dilute existing shareholder.
It may not be delisted easily, but it doesn't mean share price won't plunge.

Best eg. would be US famous bank C that before financial crisis, its share price was around USD50, now after the crisis with economy fully recover and even with DJ shooting all time high (with reverse split 10:1), now share price is around USD 68.
Normalise the reverse split mean before crisis USD 500 --> USD68 now.