Thursday, 6 April 2017
Quite often during this period of time, people will start to ask "What stock can I invest?" Sometime I rather not to answer but trying to be polite, I just said "put some money that doesn't cause an arm or a leg if anything happened". Because I knew based on their demeanour, they already have decided to buy with or without my opinion. They just need someone there to reinforce whatever they intend to do soon or maybe already had did it. 3 most possible scenarios of their current situations will be when asked further:-
Saturday, 1 April 2017
My 2016 stock selection did not performance as expected. Nevertheless, at RM1.48, it still give us a 22% gain since December 2015. I wish those who received my report on JAKS are still holding on to the stock until now. Please accept my apology for the "slow" performance of this stock. I was wrong. I would like to think last one year could bring better price action in this stock price but it did not as anticipated.
If you have indeed keep the stock until now, not only you have gained a 22% in capital but more importantly you have gained the wisdom of patience in the game of long term stock investment and that's more important than a 22% gain.
How about this year 2017? I have one stock recommendation for 2017. Actually, I was a bit shy when JAKS stock did not performance as what I would have expected. Because of this, I was a bit reluctant to make new recommendation for year 2017 back in January. Maybe it is time now to share my 2017 stock recommendation but there is a caveat - the stock has climbed 33% since the first batch of my purchase in September 2016.
For those who have contributed to my grandson's education fund previously, I wish you could be kind enough to continue to do so this time around. As a token of appreciation, a report on this new stock will be provided, similar to the report on JAKS. If you are not keen, well, no problem.
Nevertheless, here you are, RCECAP is the one stock that I have invested for this year.
Don't worry. There is no April's Fool.
Its stock price closed at RM1.78 on 31 March 2017.
Thursday, 22 September 2016
Yes. I was away from this blog for 6 months. After my last post, I told myself I should leave my share market thought for awhile. If not, it is against what I have been telling people that stock market is for long term. Talking about stock market every now and then is no different playing into stock market everyday. Emotion tends to creep in to cloud our judgment. We should look at stock market once in awhile, make our stock investment and leave it as it is. Come back after some time and certainly not every day or week. Some advocate 3 months. But I think 6 months is still reasonable. If you are one hardcore long term stock investor, 3 months or 6 months or even 1 year is nothing. This is because if you have been buying good stock, the feeling should be like - after 1 year, when you open your fixed deposit account and you know very well your fixed deposit values will definitely increase and not decrease. In stock market is the same. Of course I am not talking about just 3% increase like what fixed deposit interest rates would give you. We should aim higher. But then even if you can get 20% increase in stock values after 1 year is pretty decent.
|My grandson wishes to thank those who had contributed to my little project which now has allowed him to buy some educational materials|
The last 6 months has not been easy for stock market. I think everyone knows the reasons. This is just part and parcel of stock market risks. If your stock price has dropped, don't worry too much. Anything goes down will come up again.
Admittedly, the stock I recommended last December has not been doing well for the last nine months. Well, I recalled the same goes to Gadang, a stock selection of mine last year. Give it some time, and now look at its price. It has already increased by 100% since Here in February 2015 and Here in November 2015, and I threw a challenge Here in December 2015 to my associates.
Actually, my absence for the last few months was also partly due to health scare. But my doctors had since gave me a clean bill of health some 2 weeks ago. I am slowing adjust back to my usual routine.
Monday, 21 March 2016
The recent news flow has excite the market somewhat.
|This guy has my trust for putting my money into his company stock|