Kamen Rider,

<< Ya.... I always believe that if the investment strategy is reliable, whether you invested 5 cents or 5 millions, you will get the returns.....and more important the strategy able to sail smoothly during bear times and bull times.... >>

This is a bunch of BS.

Let me give you a few example of how much of BS this is.

A) If you have 1 millions in TOTAL asset and you ONLY put 10K in stock market, will you SWEAT during BEAR MARKET?? Of course, not.

B) What happened if you put in 500K in stock market? Now, will you sweat?? Can you sleep at night??


<<Ya.... I always believe that if the investment strategy is reliable,>>

A SMART person know their limit and take necessary precaution and insurance.

At this point of time, I am having 3 years worth of EMERGENCY FUND so that if I lose my job and no income, I can survive for 3 years. With that, then, I have confident in investing. I believe that my investment strategy is sound but I keep enough reserve for me to survive.

Know your limit. Know what you DO NOT KNOW. Know that you can be wrong. Take precaution so that even if you are WRONG, you do not get killed.

<< So far the longest hold period for me is 3.5 years and the shortest hold period is only within 1 hour ..... haha..... what exactly i am doing...a investors or traders or just a blind gamblers...>>

Basically, you have NO STRATEGY.

A strategy required you to KNOW

A) When to buy aka what price to buy

B) When to sell aka what price to sell

C) How you can make money?? Dividend?? Capital gain?? How much?? What is your target??

D) How you can LOSE MONEY?? Under what condition will you sell??

And, you need to know (A) to (D) before you buy something.

A long time ago, I LOST 50% of my asset in stock market. I sold in a panic. I have NO STRATEGY. I could not sleep at night. I have to sell.

Now, I LOST 30% of my asset in recent bear market. I sleep like a baby. I expected this to happen one time or another. I did not change my portfolio.

Dreamer

P.S.: In this thread, we are talking about high dividend counter. In this case, you NEVER sell as long as the counter giving out the expected and reasonable dividend.

This post has been edited by dreamer101: Aug 9 2009, 12:55 AM

Kamen Rider,

<< if the will power not strong, we probably will cut lost during the bear market...., however, if the counter is fundamental strong and we have the ability to hold it......>>

Do you KNOW the difference between

A) You THINK you know

versus

B) You KNOW.

In (A), you have not experience it. In (B), you have EXPERIENCE it.

There is NO we here. Until you FACE something, you DO NOT really know how you will REACT / BEHAVE. So, protect yourself from your own emotion.

Somebody that I know is one of the SMARTEST financial person. Worked in Wall Street. Master of Economy from University of Chicago. MD of one of the largest bank in the world. During Internet bubble, he was sitting at USD 10 millions worth of paper profit. His rational mind tell him that he should sell some and take profit. But, the stock is going up so fast and he stayed greedy. In the end, he lost it all.

I was CAUGHT in a similar and smaller amount. I could not get out in time either.

We are ALL greedy. It is just DEPENDENT on what amount that we are talking about. At some number, we will lost our coolness. Emotional TOUGHNESS count as much as intelligence in financial stuff.

Basically, you DO NOT KNOW how much will power that you have. Me too.

If your stock is going up by $X per day, will you sell some and take profit??

At certain $X, you will break down and not do it. Some people's number is smaller and others is larger.

I GAMBLE on some stocks. I put in less that 5% of my asset on those stocks. I either lose it all or I expect 10X to 20X return. For those stocks, I have a rule to sell half when it is triple (3X). When that (3 X) happened, I have made double my original investment even if I lose the remaining half.

Dreamer

This post has been edited by dreamer101: Aug 9 2009, 10:38 PM

normanTE,

You can get DROWN in a lake with AVERAGE depth of 3 inches.

<<so name me one reason why want to invest in malaysia for dividend.>>

1) So, you DO NOT BUY the average. You buy some stock and it MAY make sense to buy certain stock. Who cares what is the AVERAGE for each county??

2) Who cares what is the current DIVIDEND yield of a stock?? You should CARE what is the DIVIDEND yield of your purchase price. You BUY that stock whenever the dividend is ATTRACTIVE enough to justify your purchase. And, this works regardless whether your stock is in ANY country.

3) The SINGLE reason of why you MAY want to buy certain stock in Malaysia is BECAUSE Malaysia do not have an open economy. Certain industry are PROTECTED and GUARANTEED to make money. And, they are HIGHLY profitable. Aka, they are not competitive. In USA and Australia, most companies are opened to competition. Hence, their profit stream is not as safe.

Do you own due diligence. Do what make sense to you.

Dreamer