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 I made RM200K from stock market last year. AMA.

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jwrx
post Jan 4 2024, 08:20 AM

On my way
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515 posts

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QUOTE(Super2047 @ Jan 4 2024, 07:45 AM)
A few.

1. YTL
2. YTL Power
3. MBMR
4. Harta, Kossan
5. SPSETIA, UEMS
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high five. same as me.

As of today, YTLP is at 320%, YTL at 150%.

Regret a little bit as i started selling ytlp at 1.20
jwrx
post Jan 4 2024, 08:42 AM

On my way
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Joined: Jan 2005
QUOTE(Super2047 @ Jan 4 2024, 08:21 AM)
Wonderful! Congratulations to you! Wish you a greater 2024!
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user posted image

Just to add to your thread. I find alot of malaysians on reddit and lyn, fb etc, they HATE KLSE...which is really stupid. they keep talking about markets like US as if its god tier for investing. But there are alot of gems in KLSE. High dividen, low PE, 5 star companies that makes millions in profits every year but are undervalued because all the foreign funds have left Malaysia.

we are at 1460 roughly...thats the same as COVID level in 2020, the foreign funds have not returned and KLSE is very undervalued.

tldr dont dismiss the KLSE as a source of safe, high dividen investing

This post has been edited by jwrx: Jan 4 2024, 08:43 AM
jwrx
post Jan 4 2024, 08:49 AM

On my way
****
Senior Member
515 posts

Joined: Jan 2005
QUOTE(Super2047 @ Jan 4 2024, 08:47 AM)
Anything with berjaya, I will just skip 😅

Human got certain characters, same for stocks.
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totally agree. I wont touch berjaya because of you know who. damn snake
jwrx
post Jan 4 2024, 08:56 AM

On my way
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QUOTE(darksider @ Jan 4 2024, 08:53 AM)
Zero sum game. Mean there is bunch of sohai  that lost 200k collectively to you
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thats not how stocks work
jwrx
post Jan 4 2024, 09:22 AM

On my way
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QUOTE(watzisname @ Jan 4 2024, 09:05 AM)
Congrats TS and those that profited

Friendly reminder.. ' Everyone is a genius in a bull mkt ' - Mark Cuban
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Thats the thing...we arnt in a bull market, we are in a extended bear market, KLSE has traded flatish since covid 2020.
jwrx
post Jan 4 2024, 10:05 AM

On my way
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Senior Member
515 posts

Joined: Jan 2005
QUOTE(Super2047 @ Jan 4 2024, 10:03 AM)
Yes, i prefer nothing more than 5 stocks at one time. I need to read up their news, chart, announcement every day. So I prefer to be able to focus. Trading a stock is like taking care of a small flower biggrin.gif need focus and attention.
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imo thats dangerous. you cant diversify enough with just 5 stocks. I totally agree that you need to be knowldgable about the stocks you trade, but having 5 is too small a basket.
jwrx
post Jan 4 2024, 10:22 AM

On my way
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Senior Member
515 posts

Joined: Jan 2005
lol as we speak, YTLP hit 2.91 today, up 20sen from yesterday. now at 330% for me

 

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