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Equities / Re: My investments are kaput.
« Last post by iiinvestsmart on Yesterday at 09:31:36 PM »


Some inferences:

1.   Buy and hold for the long term can be very rewarding for carefully selected stocks.

2.  These are companies with great businesses (durable competitive advantage).

3.  Buy them at fair or bargain prices.

4.  These companies increas their intrinsic values over the long term.

5.  Price can be volatile in the short term: take advantage of market price fluctuations and do not fall folly to it.

6.  Ignore the noise in the market.

7.  Diversify to reduce risk and concentrate to increase gains.  Focus on a few stocks only.

8.  Know the business you invest into.
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Equities / Re: My investments are kaput.
« Last post by iiinvestsmart on Yesterday at 09:28:56 PM »
Dec 31, 2017

Yesterday, was the last trading day.

The KLCI has risen 10% this year, 2017.

Hope the market has been kind to you those last 12 months.

Though KLCI has underperformed the regional peers, it has been a rewarding year so far.

4 stocks in my portfolio have > 100% gains this year, the biggest being 381%.

8% of the stocks in my portfolio show losses this year.

For 2017, the portfolio has gains:loss ratio = 70:1
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Equities / Re: My investments are kaput.
« Last post by iiinvestsmart on Yesterday at 09:26:46 PM »
Dear Dr. Kim,

Dr. Kim’s post which I managed to get him to share with us.  It is not easy for him to admit.  He has not repeated this or shared this subsequently.  Essentially, you need to apply reverse psychology.   By creating this post that my investments are kaput, Dr. Kim felt bold to reveal the truth, his experience, his believes and the reason he is doing what he is doing today.

The behaviour of a person can often only be understood from the psycho dynamics of his past.  Unsurprisingly, he now avoids blue chips.   This avoidance is almost religious to him as he now uses the term blue cheats to describe these stocks.   His behaviour is definitely in congruent with his schematic plan, needing to avoid blue chips at all cost as he was “cheated”.    Interestingly cheated is akined to being conned.  He did not say that he was himself to be blamed for being skinned in his blue chips gain, preferring to put the blame externally that he was cheated.

This thread was started by me essentially to think through my investing through the “devil advocate’s” or “contrarian” view is essentially aimed at reminding that in my investing, to be aware of risks, downsides and overconfidence.   

Dr. Kim’s avoidance and total disgust for blue chips are totally understandable.  His admission truthfully allows us, at least, to understand his persistent behaviour.  He was badly wounded  by the blue chip snakebite.

I don’t trade.  I buy penny stocks and warrants very rarely.  I shan’t comment on those who are deeply involved in these trades.


you know  why  ?....Malaysian market is  unique - very special in the  world  !

Malaysian love  warrantss &  penny  >>  :thumbsup:

rule of thumb  >> the cheaper the warrantss  >> the higher the %  GAIN  :cash: :cash: :cash:

##  Frankly speaking - I   used to be  a bluecheat@chip  & pricey shares player

BUT  a last  I got to say good bye to that bluecheat  since I was 'CHEATED'  & abandoned that ( bluecheat )  for life  :S :phew: :sweat: :sweat: :sweat:....

after joining this forum  ( thanks to investlah )  ------> 

STREAMSS  of  LUI  from CHEAP   WARRANTSS , PENNY  +  IPOs  :cash: :cash: :cash: :cash: :cash:
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Equities / Re: My investments are kaput.
« Last post by iiinvestsmart on Yesterday at 09:22:33 PM »
Investment Owner's Contract


I, ________, hereby state that I am an investor who is seeking to accumulate wealth for many years into the future.

I know that there will be times when I will be tempted to invest in stocks or bonds because they have gone (or "are going") up in price, and other times when I will be tempted to sell my investments because they have gone (or "are going") down.

I hereby declare my refusal to let a herd of strangers make my financial decisions for me. I further make a solemn commitment never to invest because the stock market has gone up, and never to sell because it has gone down. Instead, I will invest $ xxxx.00 per month, every month, through an automatic investment plan or "dollar-cost averaging program," into the following mutual fund(s) or diversified portfolio(s):

____________,

____________,

____________.


I will also invest additional amounts whenever I can afford to spare the cash (and can affort to lose it in the short run).

I hereby declare that I will hold each of these investments continually through at least the following date (which must be a minimum of 10 years after the date of this contract): __, ____, 20__. The only exceptions allowed under the terms of this contract are a sudden, pressing need for cash, like a health-care emergency or the loss of my job, or a planned expenditure like a housing down payment or a tuition bill.

I am, by signing below, stating my intention not only to abide by the terms of this contract, but to re-read this document whenever I am tempted to sell any of my investments.

This contract is valid only when signed by at least one witness, and must be kept in a safe place that is easily accessible for future reference.


Signed:


Date:


Witnesses:

1. The Sheep

2. The Cow



XXXXXXXXX

Isn't the above an interesting contract?


Ref: Intelligent Investor by Benjamin Graham
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Equities / Re: My investments are kaput.
« Last post by DR KIM on Yesterday at 09:21:25 PM »

It has been a very bad 52 weeks for my investing. :sweat: :'(

Every stock I have been holding is down by > 50%. :'( :sweat:

Every new stock I bought, is now below its buying price. :S :speechless:

Every trade I made, I lost money. :phew: :headbang:

What should I do? ;) :speechless:


Time to reflect and re-strategise.    :cash: :clap: :clap: :thumbsup:

with a SHOCKING dropout! :heartbreak:

RUNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNN :sweat: :phew: :'(

 

ARGGGHHHHHHHHHHHH,,,,,3I got mad & RUNNNNNNNNNNNNNNN AMOK  ;) :giggle: :rofl:

## Better for me to :giggle: :giggle: CABUTTTTTTTTTTTTTTT :D :D :D :D

## I am at risk  :sweat: :'(to be REMANDED and  THROWWWWWWW into polis custody  :sweat: :phew:


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Equities / Re: My investments are kaput.
« Last post by iiinvestsmart on Yesterday at 09:19:11 PM »

How is the way people invest changing?

1.  Many people are not building a portfolio of shares during their working lives  to cash in when they retire.  An increasing number will have a portfolio that may remain invested for the rest of their lives.

2.  For them, a portfolio of high-quality shares of durable companies may help provide them with a comfortable standard of living, with the initial price paid for the shares not being too big a consideration.

3.  Despite trying to put a precise value on a share, we have to remember that the shares of high-quality businesses are scarce.  This scarcity has a value and might men that investors undervalue the long-term value of them.

4.  The ability of high-quality companies to earn high returns on capital for a long time can create fabulous wealth for their shareholders.  This is essentially how investors such as Warren Buffett have built their fortune.



$$$$$

There is some evidence to suggest that paying what might seem to be a moderately expensive price (slightly more than the suggested maximum) for a quality business can still pay off in the long run.  The caveat here is that you have to be prepared to own shares for a very long time.  Perhaps, forever.
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Equities / Re: My investments are kaput.
« Last post by iiinvestsmart on Yesterday at 09:18:55 PM »
Paying the right price is just as important as finding a high-quality and safe company.

Don't be too mean either lest you miss out on some very good investments.


$$$$


Most people lose money in the stock market because:

1.  they buy stocks that are of poor quality, and,
2.  they overpay for these stocks.



Paying the right price is just as important as finding a high-quality and safe company

If you are to be a successful investor in shares, you need to pay particular attention to the price you pay for them.

The biggest risk you face is paying too much.

It is important to remember that no matter how good a company is, its shares are not a buy at any price.

Paying the right price is just as important as finding a high-quality and safe company. 

Overpaying for a share makes your investment less safe and exposes you to the risk of losing money.



Be careful, don't be too mean with the price

Be careful not to be too mean with the price you are prepared to  pay for a share.

Obviously you want to buy a share as cheaply as possible, but bear in mind that you usually have to pay up for quality.

Waiting to buy quality shares for very cheap prices may mean that you end up missing out on some very good investments.

Some shares can take years to become cheap and many never do.
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Equities / Re: My investments are kaput.
« Last post by iiinvestsmart on Yesterday at 09:11:55 PM »
Market can be bewildering in its behaviour.

For a period, it trended downwards.

Then, the trend changed.


Implications:

1.  Market is very volatile in the short term.  Short term in my book is 2 years.

2.  When a stock is bought, it is not uncommon, if not almost expected, that in the early stages following the buying, the buyer encountered losses due to the market prices being lower than the buying prices.

3.  Should you be worried about these losses?   These are in my book, quotational losses which are to be expected to occur during the short term of holding a new stock.  Don't lose sleep over these, especially if you have been careful in your stock selection and believe you have not make any mistake in the analysis of the company's business.

4.  Usually, for those with a long term horizon, the stock prices would usually be higher than the buying prices by the 3rd year.   Those with a 5 or 10 years holding these good stocks would generally have significant total returns by then and any market price fluctuations would not threaten their initial invested capital.

5.  Market fluctuations in the short term is such that - an investor must be prepared to see a quotational loss of 50% which hopefully will be temporary due to many factors other than permanent deterioration of the fundamentals of the company.
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Equities / Re: My investments are kaput.
« Last post by iiinvestsmart on Yesterday at 09:10:23 PM »
Financial freedom attained many years ago.

Present aims are:

1.  increasing the cash flows

2.  increasing net worth.

Safety of Principals

Adequate returns

Peace of mind.

Time to enjoy one's passions.
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Equities / Re: My investments are kaput.
« Last post by DR KIM on Yesterday at 09:10:11 PM »

It has been a very bad 52 weeks for my investing.  :phew: :sweat:

Every stock I have been holding is down by > 50%. :'( :S

Every new stock I bought, is now below its buying price. :speechless: :S :'(

Every trade I made, I lost money. :'( :sweat: :headbang:

What should I do?  ;) :speechless:


Time to reflect and re-strategise.    :cash: :clap: :clap:


KOOL  IT  , 3I



so many post bombarded by this weird 3I....
I am worried now , he may lodge  an SC report about me - PRRGGGHHHHHHHH :devil: >:D

RUNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNN :phew: :sweat:

ARRRGGHHHHHHHH :giggle: :giggle: :rofl: , may landed in SC  custody  ;) :D :D
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