Posted by xiaoeh > Apr 27, 2024 9:36 PM | Report Abuse haha... 70 year old no wori age is just a number my soul is far younger than my age
TheContrarian 8657 posts Posted by TheContrarian > Apr 28, 2024 12:06 AM | Report Abuse If 70 years old, don't speculate in the stock market.
Posted by xiaoeh > Apr 28, 2024 9:52 AM | Report Abuse yes yes 70 still got lots of things to do as long as u still clear in mind who you are where you are
? xiaoeh Sifu, You are still young at 70. i am50+ oredi, like to get a second WiFi from Indon. Like Sslee Sifu having the joystick playing games while working in Indonesia???
For me working is just seeing what I build is still operating well by others.
At my age I already cannot climb up all those stairs to look at what are the problems. Young man need to send me the photo and I will tell them the solutions if they do not know the solutions.
At my age I already reach the top of my salarly scale and if the company still want to keep me, I am ready to continues working. Why not, the pay is good and the work is not as tough or as hard work as when I start building it 23 years ago.
Some people are born rich and they already have a few hundred thousand ringgits to start investing. My seed money investing in the 1990s was merely RM60,000 , my whole savings.
In January this year I sold 4 counters : Kuchai, Sg Bagan, Affin and Insas, gaining over RM100,000 and the bulk of the sales proceeds are still held as cash.
I have a contrarian approach of investing. I buy undervalued stocks when no one wants, when prices spike up, I watch and when people including the so-called masters/sifus get excited, I sell off.
I graduate in 1986 when Mahathir policy of bumiputra first had drove away all the Foreign investment and even local Chinese can't expand their business without giving away their equity.
I send in hundrend of letters just to try to get my first full time job. And luckily I got my first job in SAB in Kapar an oleo-chemical plant
That the start of my carrer. I got married in 1991. Bought my first house in 1996 that cost me RM 120,000. Then Asean financial crisis hit Malaysia and my house monthly installment cannot even cover the loan interest.
I was employed by Indonesia company to start an oleochemical plant in Medan in 2001.
I bought my second house a semi-D in setia eco park that cost me about a million. I only start to invest in Bursa when I have spare money. Tgecrest is history.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
speakup
25,087 posts
Posted by speakup > 1 day ago | Report Abuse
Many sifus already left in case u not noticed