It would be good if Resort could distribute back some treasury shares to you bought from FF.

Then you do not have to use your own money to average down.

However, minority shareholders have to demand for it, your rights to do so.

This post has been edited by SKY 1809: Jun 22 2008, 09:14 AM

thanks for your advice. Noted that in my diary.

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Added on June 22, 2008, 9:40 amI agree with the above, provided we buy at its really low price, otherwise we may be holding unrealised loss stocks when market is bearish.




This post has been edited by sharesa: Jun 22 2008, 09:40 AM

sharesa,

If you BUY high dividend yield stock, you get PAID every year. Let's say that your annual dividend yield is 8%. You MADE 8% every year. You have return of 8% per year WITHOUT SELLING. Why do you CARE what is the CURRENT stock price?

I BOUGHT PBBank at RM7. Now, the dividend is RM0.75. So, my dividend yield is around 10%. Unless PBBank cut the dividend significantly, why should I care even if the stock drop to RM5 tomorrow? In fact, I will buy a lot more if the stock went down to RM5.

You make money when you buy. Not when you sell.

Dreamer

1 point in emini S&P500 is usd50 right? 1 point CFD S&P500 onli is usd1 rite..
not yet got account.. but thinking to open TradeStation...
i do some googling online... there's so many courses about earn 1 point a day in eminis to earn u a living...
frankly say, tats why attract me...

i came across that statement from somewhere. thanks for reminding us once again.

That was dreamer quote...

It's highly easy to said it loud than practise it in real life...

Dreamer made it but not everyone has the patient and consistency...

I am more impressed that someone has saved more than 50% of his incomes.

Rather high for someone who has exposed to US ways of life.

I admire such a person.

All,

1) I learn it from "Rich Dad, Poor Dad" of Robert Kiyosaki.

2) I lost 50% of my life savings during Internet / Telecom bubble. So, my patient is learned through making HUGE MISTAKE.

SKY 1809,

3) When I reached USA, it was in a middle of HOUSTON OIL BURST. Then, we had Texas Saving and Loan collapse (house price always went up?). A few recessions. 97/98 Asian currency crisis and so on. So, in summary, I was NEVER comfortable.

4) Many of my peers in my age group cannot FIND a job now. Or, they have to be under-employed aka getting a lower paid job. So, if I DO NOT SAVE this last pile of income, I will ended up with NOTHING.

Hopefully, the younger folks will learn this before it is too late.

Dreamer

Thank you for all the sharing.

I have high regards for those who have gone through crisis and they make it.



This post has been edited by SKY 1809: Jun 22 2008, 08:54 PM

Stock market is a patient game also.

You need discipline and cool head in stock market.

Not like tomorrow market down 50 points then panic liao and see the end of the world like that. People tend to behave like that. When bullish time, see the sky as limit, bearish time, see no bottom.
Share price is fluctuating everyday but company valuation or provide the return rate to you (in term of dividend of profit) doesn't.

So, people have 2 choice, you buy the share price (you buy the share price only if mean for goreng) or buy the company (you buy the company if meant for long term holding) to get a slice of profit made.
If one buy the share price, then for sure will worry everyday because share price everday is fluctuating, right?

So it is important those money invested in stock market won't be used at all for at least 5 years and above.

This post has been edited by cherroy: Jun 22 2008, 10:04 PM

All,

Just to clarify my positions:

A) 90+% of my money is in high dividend stock and asset allocation aka SAFE and SURE investment. I am hoping for 9% long term average annual return. So, I will reach my goal slow and steady.

B) 5% to 10% of my money is on speculation aka gambling stock. I am aiming for 2 to 10 times return. Anything less is NOT worth my trouble. If I am LUCKY, I will get rich. If I am UNLUCKY, it will NOT hurt my portfolio in any significant fashion. For speculation of 2 to 10 times returns, you DO NOT NEED that much money to get SIGNIFICANT contribution. 5% to 10% is enough.


For (B), I do not even look at KLSE. USA stock market is where the action is.

http://finance.yahoo.com/echarts?s=TASR#ch...=0;logscale=off

For example, this stock went up 30 times in 2 years. USA market is BIG enough that a tech company can go from nothing to 1 billions capitalization with a few good rumors.

http://finance.yahoo.com/echarts?s=ATVI#ch...ource=undefined

I do own a little bit of this stock, ATVI. It doubles in one year.

Overall, I am doing BADLY with my speculation / gambling portfolio. But, I have FUN looking at it. And, it is HARMLESS for my overall investment portfolio.

Dreamer

Yes, it's 50 USD; the forex emini is 1 usd for 1 pip. In my opinion, you should start locally first because S&P500 is very volatile; much more than our local FKLI.

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Added on June 22, 2008, 11:12 pmCherroy is right. Sometimes you need opportunities that come to your way. Not just patience and consistency. It takes hardwork to analyze the stocks you want to invest in for long term purporse: aka Warren Buffet / value investing.

And everyone's portfolio beta is diferent, depending on what he chooses to invest; more risk typically brings in more return. IT's entirely up to you and it depends on your comfort level.

Stick to your strategy, and be disciplined. Rome is not built in one day.




This post has been edited by AdamG1981: Jun 22 2008, 11:12 PM

KLCI red..

Intraday low for CI is 1191.60. Not bad, i thought it will be far worst than that.

What time is Dewan rakyat sitting? Time for a good laugh.

hi guys,could you help me calculate this dividend?

lets say,if the share has a par value of 0.2,and they are paying out a dividend amount of RM0.06

and i own 1000 shares,how much should i be getting?

is it RM300?

hi all, lately seldom monitor liao due to 'brearish' nature....concentrate on saving bullet n waiting for a major major drop if it happens..hehehehehe.....if it go up then cant buy but can sell....so..just be patient lo......

PS: most important is nt to rush into buying with ur last pile of savings as nobody knows where's the bottom is......just remember to maintain your portion of savings no matter how 'low' the price of ur beloved stock might be -just my 2 cents-....i'ved never gone through 97/98 financial crisis, etc etc but i do value the power of savings ($$$$$) as grown up fr not-so-good-financially family.....dun lose them ($$$$$)!

you get RM 60.00 for dividend.

WE appreciate your advice.

mind showing the calculations?

RM0.06 dividend per share.
1000 shares: RM0.06 x 1000 = RM60.00

If it is tax-exempt dividend, u get cheque for RM60.00. End of year, you must declare RM60.00 gross and be taxed accordingly.

If it is single-tier tax exempt dividend, u get cheque for RM60.00. No need declare at end of year (not sure about this, but I know no need to pay taxes).

If it is dividend less 26% tax, u get cheque for Rm44.40. End of year must declare RM60.00 gross dividend and claim back/pay extra tax accordingly.