What's your investment? Can let us know?

What's your investment? Can let us know?

Number can be played around, but hard cold cash in the form of dividend is not. You cannot fake cash.
I know profit number something can be boost up, from various points, but cash cannot. So in term of reading the financial report, cashflow is the one is the priority to look at, not profit.

Company can survive without profit, but company cannot survive without cash. 

So if the company is able to give dividend from its profit and cashflow made, then it just sums up (99%) it is real.

Yes, any financial report can be made up, which is not something new. But it represent a small portion of it. We don't sink the whole boat just because a few in the boat has bad record. To say everything is created number is too much or exaggerated, no offence. As if like that, everything is society is made up number, or fake one.

Sincerity and looking after shareholder and corporate governance is the most important when invest in listing company as minority shareholders. That's why some old head or experience investors only invest in some stocks they are very familiar and which they know the company is always looking after shareholder benefit. The most important is to know the company, instead merely looking xyz company share that is Rm 0.xx, and buying based on the name and price, without proper studying.

One of the basic form of looking after shareholder benefit is always sharing the profit in term of dividend. That's my basic view, which is more about personal preference.

If your dad got burnt before in the market, he is probably speaking from experience. I know my parents cautioned me endlessly about stock market when they learnt I started investing.

Looks like your dad is just being cautious and not overly trusting which is a good trait to have in the stock market. It is proven sometimes that numbers do lie to investors and even to pro-investors.

Although accounting practices has improved somewhat and so did the trading practices compared to last time which has helped reduce but not eliminate fraud.

I think your dad is just being practical and does not want you to be too naive thinking investing in the stock market is an easy thing to do. If you show him you can handle your finances orderly which includes good savings habit and personal debt management, maybe then he will think you are better prepared to invest in the stock market.

As an adult, it is ultimately up to you how you handle your money but your parents probably still have a thing or 2 to teach their children about money.

Then you have to first setting your profile, whether you want to be a trader, investor etc. You have to set the return and the horizon you want and money to be invest in etc.

Cash flow sometime too sophisticated for beginner, unless you were trained for that, else you have to pick up piece by piece. A lot of people start when they know nothing, paying tuition and march on

He is correct, perhaps. The reason a lot of businessman don't play share is, the money invested into his own business yield higher than share. Maybe you should learn from him instead.

Trader moving fast, trade day in day out earn money.
Investor buy and hold, once in a while take profit/ dividend earn money.
Roughly only.

That's good, then throw in the ratio and the balance sheet knowledge then you are almost there, plus industrial knowledge and macro economy as well, add in micro will be even better. But that things built over the years...

For trader they like chart and other tools (I never like that), for that part of skill you need to go to the main tread and ask them

Trader need a lot of tuition fee... go to main trad...

You need to open your trading and CDS account anyway...

Can call for remiser on the main tread...