Normally i make my stock pick up payment via check or cash sometimes (if the amount is few thousands).

Today is my first time i use interbank transfer from my CIMB to my brokerage Hwang DBS (RHB) for my axreit pick up.

Any one got do this before? Any risk?

It will be easier for me next time as i no need to go bank to open cheque and easier.

All sifus there pls share you experience on interbank fund transfer for your stock pick up.

This post has been edited by darkknight81: Dec 20 2008, 09:30 PM

Thanks

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Added on December 21, 2008, 12:06 amCannot

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Added on December 21, 2008, 12:09 amThanks for your information.

This post has been edited by darkknight81: Dec 21 2008, 12:09 AM

Bear in mind now we are not in a bear run...So for there are still no signs of any recovery.

i bought 50 LOTS at RM 1.00 last week ....

My target price still stay at RM 1.0

This post has been edited by darkknight81: Dec 23 2008, 11:05 PM

Yup indeed. both counter that i invested ytl power and axreit are both green ... if ask me to invest some more i will feel a bit reluctant though basically holding cash don know what to do now

it seems RM 1.00 is the bottom

http://mreit.blogspot.com/

Even at RM 1.10 axreits is still more attractive for me compare to tower reits. But really no need to rush in now as the price already go up.... I beliv next year we can have a better bargain... the only thing you got to worry next year is "you still got bullets or not?"

This post has been edited by darkknight81: Dec 27 2008, 08:35 PM

For me axis is the best reit among other reits.... So if it cannot reach my target i will keep on waiting nia.. I am very loyal type

AXREIT closing at RM 1.15 . I bought at RM 1.00
ALMOST 13% return after deducting all the fees

Thanks lol. but i din sell yet. My target price is more than RM 2.00 after economy recover.

Offload all my axreit at RM 1.20 EARN 20%

I sold all my axreit as i see it is quite hard for it to reach RM 1.00 again for me to buy more.... So might as well sell off and look for me next target

maybe

axreit (if reached RM 1.00 again )
ytl power
amway
jtinter
bjtoto
ytl corp
ioicorp
and many more as long as the price looks attractive for me

My target price for IOI is RM 2.00 OR below

If keep on going up i will put my money back to ASW instead

No need to hurry certainly can get at the price you want I am queueing at RM 1.10 everyday.

For dividend counter buy as low as you can as it will determine your DY. For me i will not rush in at this price. Remember maybe you are going to hold it for another 10 years... every 10 sen seems important to me....

With 10 sen different you can buy extra 10 lots out of every 100 lots purchase

But it is highly unlikely that this counter will drops to Rm 1.10 AS those who bought this counter mostly have good holding power.

One more thing is the dividend declaration news will be out soon.

This post has been edited by darkknight81: Jan 8 2009, 10:14 PM

You loan how much? what is the interest rate offered to you? Can loan for buying share?

Should be a good sign for all dividend counter as you put in FD maybe will get 2% interest per annum....

So better dump into dividend stock.

Ppl will taking loan on properties i assume ... So is a good sign for me but too bad i don hold any reits.....

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Added on January 21, 2009, 10:24 pmActually i am doing something quite similar with this also. I use my 200k which i can pay the rest of my housing loan into ASW, ASM and my ytl power. But i am quite lucky so far

Actually i got my own plan which i adapt from what Francis yeoh way of investing which is by taking loan buying good asset at good bargain....

I assume every 10 years will have a recession. So for the next recession. maybe i can refinance my housing loan by borrowing another 100k and allocate every 10k into high dividend stock. In case my counter not enough to pay for the interest my current investment dividend still are able to pay off the montly interest.

So if you not greedy to earn quick money using leverage from borrowing to invest in high dividend counter is not a bad idea....

This post has been edited by darkknight81: Jan 21 2009, 10:24 PM

Still far away from financial free lol... Just hope that my money are enough after i retire

Don buy the stock for the sake that you don want to miss the boat....
U must fully understand what it works first and don let your greed overcome your common sense.