Journey to success in stock investing
Investing in stock market at the age of 17 with Mr Ooi Teik Bee
Jerry Tze Ming
Publish date: Tue, 24 Dec 2019, 02:16 PM
Investing in stock market at the age of 17 with Mr Ooi Teik Bee
The last article that i wrote about “Why do i respect Mr Ooi Teik Bee so much” has gained many kind praises and also criticises. There are some individuals who often criticize mr ooi for introducing Dayang, which has also amazingly raised up to 2.4 recently.
I am 17 this year, and i have been investing in bursa for five years. I attended many stock courses including World Wealth Creation, Adam Khoo Value Momentum Class, and also Mr Ooi’s class. There’s 20-30 readers who drop message to my facebook page to ask me to update what have i went through in the stock market world. There’s also individuals who commented in the previous article to ask me to update my progress. So, after finishing my SAT and Toefl exam, i am here to write this article to share my experiences in investing with Mr Ooi’s strategy.
First of all, i would like to mention that as a student of Chong Hwa Independent High School ,who has prepared to take the two well-renowned examinations in whole Malaysia which are SPM and UEC respectively, Moreover, i am also the founder of two internet companies, president of a commerce society. All these beautiful roles which I play is really a tremendous task for a person in my age. I have to know the balance of my academic result and my interest and try my best to bring out my full potential in them. I can only afford to spend half to one hour to monitor in stock market every day. I have learned up all his notes and all his formulas after going to his 22nd and 23rd class on june. He is also very patient for answering all my questions. Thanks again for his kind effort.
I have used different strategies in bursa, and i will only mention the result for using (mainly Mr Ooi’s strategy and a small portion of strategy from akltg) Below is the result. I typed it out as I couldn’t attach the document)
Jerry Ong 2019 portfolio Updated on 22/12/19
*Assume* I started with RM 30,000.00 in 23/6/19
new capital = 30,000
Invested and sold Uzma, Pccs-wa, Pccs, Homeriz-WB, Dayang, Bj Land.
Without calculating the dividend received,
I got realised profit of rm3,793.
Invested and still holding Carimin, and Jaks, unrealised profit will be rm3,480
The total profit will he rm7,273.
So the total return for this 6months will be 24.24%.
( I will attach the detail result and the picture that i have taken with Mr Ooi in the link below)
Along the way, Mr Ooi has given me many supports and i am really glad for having such a kind Sifu. I will continue to learn more knowledge from him to become a great fund manager one day. I am also currently finding a part time job and internship in the finance world. If you have any recommendations and comments please kindly comment below.
I left my school to pursue further studies in A-Level. I have also received Special Scholarship from Sunway College and Distinction Award from Taylor College. I would also thank you all again for the support and for reading through this article and thanks Mr Ooi again for his kindness. I wish you all a Merry Christmas, and good luck in the stock market and life.
Discussions
4 people like this. Showing 50 of 176 comments
Posted by goldmind > Dec 25, 2019 9:07 PM | Report Abuse
OTB,
While oscarts is asking for Icon8888 personal view about his allocation on his RM1 million as a youngster, would you provide some opinions to this young boy as well?I would want to know too. thank you..
Ans :
My rule is to buy a minimum of 5 stocks.
Any stock cannot exceed 30% of the capital. In this case cannot exceed 300k.
Try to buy any stock on "at least 2 or 3 batches". e.g. I buy first batch of Jaks at 0.82, I buy the next batch at 1.00 and last batch at 1.13. I will stop to buy this stock further once I committed 30% of the capital.
Try to focus on growth stock, the share price will move up north fast if there is a growth especially EPS. I wish the PAT (Net profit) of the stock I invested, EPS growth of current year should be better than last year.
Hope I explain your questions.
Thank you.
2019-12-25 21:14
Hi OTB,
Yes answered, thank you. Another question is if he has Rm1 million in his 28 years old, do you suggest him to invest all RM1million in stock? Or put some of his money in bank/FD? thank you.
2019-12-25 21:23
Posted by goldmind > Dec 25, 2019 9:07 PM | Report Abuse
OTB,
Can I ask you about my asset allocation, if I’m 28 years old this year and have about RM1 million. Do you think I should put some in my bank acc/FD, if yes how many % on FD?
Ans :
I will not put my money in FD.
According to my records or performance, I made money from stock market in last 10 years except 2018.
You do not need to invest fully in stock market all the times, keep some spare money for big sell down so that you can buy stocks at bargain price. e.g buy in 1997/8, 2008, 2018 or big correction.
Thank you.
2019-12-25 21:24
Hi Icon8888,
Yes please! It would really be useful to many people I believe! Thanks a lot!
2019-12-25 21:29
newbie otb, FD is not investment. FD is for people to put inside bank as emergency fund.
2019-12-25 21:41
my advise to jerry....when u got RM 1 u can turn it into RM 10 is very easy,if u got RM 100 wanna make RM 1000 also easy,when u got 100k turn to 1 mil a bit difficult and when u got 1mil wanna turn to 10 mil getting more harder,remember msia is a small capital market if u wanna make it big u have to turn elsewhere cos bursa got a lot of sharks waiting to eat your gains over the years. so be prepared and know how to stop so the big crocs cannot make from u
2019-12-26 00:33
Wrong! turning MYR 1.00 to MYR 10.00 is the hardest part. If you can achieved that, nothing else can stop you. The sky is the limit ! you dont need to sell stock story like what is happening here !
2019-12-26 00:56
wrong.....everyone also have RM 10 but does everyone have millions? in Indonesia a lot of Chinese millionaires here Chinese hamba like grab drivers
2019-12-26 01:42
I no need to invest in bursa also nevermind…...enuff for me to spend until I die already.....I just enjoy the show and play for fun only.....hahaha
2019-12-26 01:46
Wrong analogy! already have MYR10.00 is different thing. Turning MYR1.00 to 10.00 is whole new game. If you can achieved that, nothing else can stop you. The sky is the limit ! dont need to sell stock story like what is happening here !
2019-12-26 01:49
if like that everyone in msia is rich no need become grab drivers macam tak ada duit makan…..hahaha
2019-12-26 01:51
those grabpanda or grabfood like to deliver food for me.....if I order below 30 I gave 50.they even give me their h/p number just call directly,i say cannot must let others make also,but not in bursa only crooks wanna think of a way to cheat the retailers always.....hehe
2019-12-26 01:55
no! the stock sifus here havent teach them how to turn MYR1.00 to MYR10.00. Once they learned the skill, you will cry no more grab car to grab !
2019-12-26 01:55
they teach u until u make millions and get greedier than they slaughter u,just like they rear chickens....hahaha
2019-12-26 01:57
who is those crook in bursa? Never ! there is no crook ! there is only greedy trader and gambler !
Posted by apolloang > Dec 26, 2019 1:55 AM | Report Abuse
"... ,but not in bursa only crooks wanna think of a way to cheat the retailers always.....hehe
2019-12-26 02:00
I thought they outright slaughter you without even you release it. don't even dream they make you million !
Posted by apolloang > Dec 26, 2019 1:57 AM | Report Abuse
they teach u until u make millions and get greedier than they slaughter u,just like they rear chickens....hahaha
2019-12-26 02:03
I know all their cheating tactics that's why I don't get burned.....hahaha
2019-12-26 02:03
i better focus on usa market now. those are big money. not here in bursa and somemore sifu here like to karma you
2019-12-26 02:09
they using funds just to support their brotherhood companies example mynews
2019-12-26 02:09
if no good I dare not comment....my reputation at stake,my reputation money cannot buy......hahaha
2019-12-26 02:10
I no believe karma,i just believe kan ma......hahaha. uncle kyy said he make until dunno how to spend no use like that,see lah how his fren already in heavan spend last time dato Bernard koey
2019-12-26 02:15
I highly recommend the Eight, at hotel Lisboa. This year we skipped Hong Kong, too much unrest. Joseph tse is an old friend who used to work in kl Sheraton, now ended up 3 star Michelin in Macau. The suckling pig gave him his 3 stars, very impressive and unique.
I tried to call icon8888 to sort out differences, ended up Calvin tan answer phone. Tried to talk through the traffic noise and realized he was still trying to tell me to buy his netx.
Dear icon8888,
I invite you to really learn what is toxic. I have never once used harsh words or insults. You do it on a daily basis.
Blog: (Icon) Eco World International - Why I Am Adding More
Dec 17, 2019 3:55 PM | Report Abuse
Ass Ass Lee your Zero level thinking Bjland zero operating profit my Ewint a lot of operating profit
That is the difference
Don’t compare a retard with a PHD
For someone who doesn't make all that much money trading and warranting, you sure do talk a lot. Maybe you can learn a bit about life.
>>>>>>>>
P/S: Time for dinner and facing my daily problem what to have for dinner? By the way Merry Christmas and HOHOHOHO.
25/12/2019 7:05 PM
2019-12-26 09:32
Fabien "The Efficient Capital Allocater"
i do agree with some of comments here advocating aggressive approach in order to grow ur capital base
but always bear in mind that risk management is the most essential element in investing
strike a balance between aggressiveness and defensiveness
always be reminded that potentially a BLACK SWAN event is lurking in the corner.
investing is a long game. no one know who wins until the end. you can make substantial profit in successive years but one mistake can wipe out all your gains.
again, BLACK SWAN. investing is dealing with uncertainty. it is in a field full of complexities.
also, as in life, everything reverts to its MEAN. know this and be mindful of it.
have some humility. successes feeds ego and over confidence. always be remember of what you don't know is more important than what you think you know.
i'm grounded in that respect. you don't see me shouting how much ROI i achieve in my investments. beware of those who did so. no one trump their losses or weakness in public forums.
all the best in your investing journey. and Happy New Year.
2019-12-26 11:11
I love this part of your statement. Hope you wont be karma-ed by someone
Posted by Fabien "The Efficient Capital Allocater" > Dec 26, 2019 11:11 AM | Report Abuse
".... have some humility..... you don't see me shouting how much ROI i achieve in my investments. beware of those who did so. no one trump their losses or weakness in public forums."
2019-12-26 11:17
Dear all,
For those who are interest to know a little bit about karma.
https://www.beinghappybuddha.com/blogs/insights/the-12-laws-of-karma-everyone-should-know
https://www.depressionalliance.org/12-laws-of-karma/
Karma is not a looming punishment or form of retribution. It is not meant to scare or threaten you with bad consequences for your ill-intended actions. Neither does it reward you with a winning lottery ticket a week after you helped an old lady cross the road.
Karma is not an instant reward system. It is a set of values that are meant to teach us all to do better. The more good people do, the more good will come of it. You shouldn’t be in it for yourself, but for the growth of the greater good
If the world around you is chaos, it is because there is chaos within yourself. Once you are at peace with yourself, you can be at peace with the world.
When bad things happen to us, we shouldn’t think of them as punishment or bad karma. Karmic justice is an opportunity for us to learn a lesson and make the necessary changes to break the cycle. You should manifest your desires and get rid of all lackluster and negative energy. Changing our karma is a gradual process and what we do today will change our future lives.
It is a universal truth that a lot of the suffering in this word is a direct result of inaction. Karma teaches us to act. To do. We need to start thinking, acting, and doing good.
Karma is a lifestyle that promotes positive thinking and actions.
How else is someone to learn how to be a good person if they are never taught that harmful action is wrong. A person only suffers if they have created the conditions for suffering.
Thank you
2019-12-26 13:00
if you lazy , then pay some money and follow a sifu to invest
if you are hardworking , the do it yourself
but
never ever try to skip the first principle of successful investment
"LEARN TO INVEST THE RIGHT WAY BEFORE YOU YOU LEARN TO INVEST TO MAKE MONEY "
it is not wrong to say , the aim of investment is to make money
but
if the direction is wrong , then to make money or not to make money is not you say, it is your luck that has final say
at the age of 17 , you focus on learning and your internet job
that will definitely can bring you more wisdom and success in your investment later than to follow the sifu recommendation blindly now .
2019-12-26 13:26
Fabien "The Efficient Capital Allocater"
Dear Mr.Ooi,
Perhaps my writings have been taken out of context. In no way, i am referencing you. It was meant to be a general statement that can be apply to anyone involve in this field, be it members of this forum, investment bankers, fund managers, professional traders, retail investors etc. It is human nature to boast their successes, never their shortcomings.
FYI, i have participated in this forum for many years. perhaps this is the first time you have encountered and feel the urge to reply directly to my comment. I have never attack anyone in i3. Feel free to go through my past comments.
Also, i used to be one of your subscribers and i know how you work.
Hope you can recall correctly, whether i have in any way, commented on your records in the past.
2019-12-26 14:07
I din tell lies. D big speaker only anounce profit countet. Never disclose the loss counter...
2019-12-26 19:46
Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)
>>>>>>
Dec 25, 2019 2:28 PM | Report Abuse
Invest in fast growers and high quality companies:
DLady was a 100 m market cap. Today is 3.072 b.
Nestle was a 1.8 b market cap. Today is 34.448 b.
LPI was a 1 b market cap. Today is 5.976 b.
Heim was a 1.5 b market cap. Today is 8.241 b.
Petdag was a 2 b market cap. Today is 22.909 b.
PPB was a 4 b market cap. Today is 28.25 b.
PBB was a 10 b market cap. Today is 76.4 b.
AEONCredit was a 1 b market cap. Today is 3.667 b.
Padini was a 500 m market cap. Today is 2.079 b.
>>>>>>
2019-12-26 22:18
Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)
>>>>>
Posted by OTB > Dec 26, 2019 7:25 PM | Report Abuse
I will be harsh and unforgiving to qqq3.
The first suicide I wish to see is qqq3 commit suicide because you have no use in this society.
Having you in this society will only bring harm to mankind by telling lies all the times.
Jobless for 20 years is a dead wood.
You depend on your wife to feed and bring up the family.
Chinese says "Eating soft rice, not a gentleman".
>>>>>>>
An emotionally charged response. Not very nice things to say about qqq3.
The investar episode still leaves a bad taste in this forum. The events leading to this episode were most unfortunate.
2019-12-26 22:23
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