Dear Friends of i3 Forum,

God made the world in six days and rested on the 7th Day. That's why we have a day off every week to rest and recharge. And today let's take a look at what God's Word says.

In Proverbs 13:20 it says, 

King James Bible
He that walketh with wise men shall be wise: but a companion of fools shall be destroyed.

There are 2 parts to this verse

1) He who walks with wise men shall be wise

2) But a companion of fools shall be destroyed.

There are two directions we can take in life

1) The path of wisdom that leads to life and prosperity.

2) The path of the foolish which ends in destruction and poverty.

Our emphasis is on the positive!

Chose Life! 

By chosing to walk with wise men, of course!

How?

We can chose to follow wise men by reading their biographies. In the Bible you will see the scuucess of many examples

1) Abraham. He became a father of many nations as he chose the way of success.

2) Joseph. He rose up from slavery to be the Prime Minister of Egypt.

3) David. He is a man after God's own heart

4) Daniel. Daniel ruled as Prime Minister over 3 kingdoms. Extremely wise man is Daniel

5) Jesus Christ. CEO of 12 Apostles who then created the Kingdom that is for forever.

6) Apostle Paul. He spread Christianity as far as Europe. Wrote half of the New Testament Books.

Then there are wise books & wise men in history. One of them is Sir Isaac Newton who discovered the Law of Gravity and the Law of Motion.

This is what Isaac Newton said,

"If I have seen further it is by standing on the shoulders of Giants."

"Plato is my friend — Aristotle is my friend — but my greatest friend is truth."

"I do not know what I may appear to the world, but to myself I seem to have been only like a boy playing on the sea-shore, and diverting myself in now and then finding a smoother pebble or a prettier shell than ordinary, whilst the great ocean of truth lay all undiscovered before me."

"We account the Scriptures of God to be the most sublime philosophy. I find more sure remarks of authenticity in the Bible than in any profane history whatever."

"It is the perfection of God's works that they are all done with the greatest simplicity. He is the God of order and not of confusion"

"God created everything by number, weight and measure"

"We must believe in one God that we may love & fear him. We must believe that he is the father Almighty, or first author of all things by the almighty power of his will, that we may thank & worship him & him alone for our being and for all the blessings of this life < insertion from f 43v > We must believe that this is the God of moses & the Jews who created heaven & earth & the sea & all things therein as is expressed in the ten commandments, that we may not take his name in vain nor worship images or visible resemblances nor have (in our worship) any other God then him. For he is without similitude he is the invisible God whom no eye hath seen nor can see, & therefore is not to be worshipped in any visible shape. He is the only invisible God & the only God whom we are to worship & therefore we are not to worship any visible image picture likeness or form. We are not forbidden to give the name of Gods to Angels & Kings but we are forbidden to worship them as Gods. For tho there be that are called Gods whether in heaven or in earth (as there are Gods many & Lords many) yet to us there is but one God the Father of whom are all things & we in him & our Lord Jesus Christ by whom are all things & we in him, that is, but one God & one Lord in our worship: One God & one mediator between God & man the man Christ Jesus. We are forbidden to worship two Gods but we are not forbidden to worship one God, & one Lord: one God for creating all things & one Lord for redeeming us with his blood. We must not pray to two Gods, but we may pray to one God in the name of one Lord. We must believe therefore in one Lord Jesus Christ that we may behave our selves obediently towards him as subjects & keep his laws, & give him that honour & glory & worship which is due to him as our Lord & King or else we are not his people. We must believe that this Lord Jesus is the Christ, or Messiah the Prince predicted by Daniel, & we must worship him as the Messiah or else we are no Christians. The Jews who were taught to have but one God were also taught to expect a king, & the Christians are taught in their Creed to have the same God & to believe that Jesus is that King."

Isaac Newton was trying to tell people about the Creator God in his time. But some denied the existence of God. One day Isaac Newton made a model of the solar sysyem with 9 revolving planets with the sun at its center.

AND SOMEONE VISITED NEWTON'S OFFICE AND EXCLAIMED, "WHO MADE THIS BEUTIFUL MODEL?"

NEWTON SAID NO BODY MADE IT - IT HAPPENED BY CHANCE.

NO, SURELY SOMEONE HAS MADE THIS MODEL. IT CANNOT COME BY CHANCE.

SO NEWTON REPRIMANDED HIM. "YOU BELIEVE THAT THE REAL SUN & THE PLANETS REVOVLVING ROUND IT CAME BY CHANCE BUT DEMAND THAT THIS SIMPLE MODEL OF IT MUST BE CREATED BY SOMEONE?"

THE BIBLE SAYS,

"IN THE BEGINNING GOD CREATED THE HEAVENS AND THE EARTH" (GENESIS 1:1)

SEE WWW.CHICK.COM FOR MORE

NOW NEWTON'S WORDS

"If I have seen further it is by standing on the shoulders of Giants."

CAME FROM THE BIBLE

King James Bible

He that walketh with wise men shall be wise.

GIANTS OF WISDOM SO CALLED HELPED NEWTON TO BUILD UPON HIS WISDOM IN THOSE TIMES

"Plato is my friend — Aristotle is my friend — but my greatest friend is truth."

ULTIMATELY IT IS TRUTH THAT WE LOOK FOR

 but my greatest friend is truth."

AND JESUS SAID

King James Bible

Jesus saith unto him, I am the way, the truth, and the life: no man cometh unto the Father, but by me.

“Without the Way, 

there is no going, 
Without the Truth, 
there is no knowing, 
Without the Life, 
there is no living.”
―Thomas à Kempis

WE CAN ALSO LEARN FROM WISE MEN THROUGH THEIR BOOKS LIKE

THE INTELLIGENT INVESTOR BY BEN GRAHAM

ONE UP ON WALL STREET & BEATING THE STREET BY PETER LYNCH

COMMON STOCKS UNCOMMON PROFITS BY PHIL FISHER

THEN WE CAN ALSO LEARN FROM SIFU DR NEOH SOON KEAN

READ CAREFULLY HIS INTERVIEW WITH MEDIA

Lead Story: ‘Tough times ahead, lower your expectations’

GIVEN the 2007/08 global financial crisis, it may sound odd to describe the last 10 years as good times for ­investors. But the reality is that during a financial crisis, the stock market plummets,  uncovering ­attractive stocks and buying opportunities for investors.

However, considering that the forces that have been driving remarkable investment returns over the last decade are weakening, investors may now need to lower their sights on gains in the coming decade.

According to seasoned investor Dr Neoh Soon Kean, the world has come to a period of slower growth than in the last one to two decades, making stock-picking harder than ever.

“Investing was easy in the last 10 years, but I think, in the next 10 years, or even further, investment is probably going to be tough in Malaysia,” the low-profile savvy investor tells The Edge in a rare interview.

“Investors had better be very careful in what and how they invest. It won’t be that easy to get high returns like what we have been able to in the past, as our country was growing fast and our companies were doing well,” he says.

Neoh, 70, is the founder and executive chairman of Dynaquest Sdn Bhd, a Penang-based investment consulting and publication firm.

He is considered by some to be one of the most successful investors in Malaysia. He wrote an investment column for The Malay Mail for more than 20 years (between 1983 and 2004) and attracted a large ­following. Neoh has an MBA from Harvard University and a PhD in finance from Edinburgh University.

Acknowledging that he has personally benefited a lot from previous financial crises, Neoh says it would have been a great time for equity investments in the last decade, if investors had known what to do.

“When the global economy recovered from the 2007/08 crisis, you would have been able to pick up good shares really cheaply. Most people don’t realise that, for investors, volatility is a friend, crisis is an opportunity. The more crises there are, the more wise men can benefit from them,” he says.

Neoh recalls that over the last 20 to 30 years, the world had gone through a very volatile time. “The October crash in 1987, the 1997/98 Asian financial crisis, the 2000 dotcom disaster, the 2007/08 global financial crisis — you name it, we have had it!” But, he says, investors should lower their expectations of returns as stock markets are expected to see less volatility.

“I always tell my clients, ‘If you could get a compound return of 11% a year, you are considered very good.’ Today, if you asked me,what would be a good return from Malaysian equities over the next 10 years, I think if you could get 8% a year, you are pretty lucky already.”

More importantly, he says a major financial crisis is not likely to happen in the next decade, at least not like the 1997/98 and 2007/08 crises that threw the world into a panic.

“In the next 10 years, I think the world will not have so many crises, partly because we have learned our lesson. Will the Asian banks repeat their mistakes of 1997/98? Extremely unlikely.”

However, Neoh points out that while the world has changed a lot over the past decades, human greed has not. That is why the money game and get-rich-quick schemes are growing in Malaysia, where people chase super-high returns that are “theoretically impossible”.

“When people go into [money game-type] investments, they have huge expectations of returns. These people believe they could get 20% return a month, which would translate into a compound return of 300% a year. That doesn’t make sense,” Neoh says.

He stresses that normal investments can never give investors such a high return, considering that the return for fixed deposits is only 4% and corporate bonds 6% per annum.

Neoh points out that the basic principles of investing and mathematics are not that hard to understand. The most difficult part is the emotional aspect, he says.

“If I had asked you to invest three years ago, which would have been a great time to accumulate shares, you would have been most reluctant to do it, because everybody was saying  how terrible the market was. But now, when the market is hot, everybody probably wants to jump in.”

Neoh says the most important principle in investment is to be well diversified because a single good choice can compensate for several poor choices. “The mathematical principle that most ­investors don’t understand is this: What is the biggest loss you can suffer in one share? 100%, right? But what is the biggest gain you can make from one share? It can be infinite.”

“With a diversified portfolio, if 70% of the shares could make good money, I would be very happy. The remaining 30%, I could possibly lose.”

Seven investing tips from Neoh Soon Kean

Be a contrarian — The best time to buy is when the market is deeply depressed, and the best time to sell is when it is at its most optimistic.

Buy progressively — Carry out a “dollar averaging” strategy, buy progressively over a period of time or even continuously. Few people are good in market timing.

Diversify — Do not concentrate your portfolio on a small number of stocks unless you are as good as Warren Buffett in stock picking.

Buy on fundamentals — Choose stocks which have good dividend yields, low price-earnings ratio and high cash flow. Few speculative stocks have produced profit in the long run.

Do not be frightened by a market decline — Remember that the four most important words in investment are said to be: “This too will pass.” The stock market is always cyclical. Neither good time nor bad will last forever. Provided you stick to Rules No 2, 3, and 4, you will eventually emerge from a bear market victorious.

Do not be afraid to take profit — If one or more of your stocks have made a substantial gain, sell it and switch to another stock or hold cash if the market is already very strong.

Do not expect to be right every time — Nobody is perfect. Even Warren Buffett bought very big into the insurance industry just before 9/11.

BUT A COMPANION OF FOOLS SHALL BE DESTROYED

EVER HEARD OF THE PHRASE "SECRET OF SUCCESS AND THE HEIGHT OF FOLLY"?

THE SECRET OF SUCCESS REMAINS A SECRET TO THE SUCCESSFUL 

BUT "THE HEIGHT OF FOLLY"?

SECRET IS HIDDEN WHILE HEIGHT OF FOLLY IS WELL KNOWN TO ALL.

SINCE IT IS SO HIGH "HEIGHT OF FOLLY" IT IS WELL KNOWN BY EVERYBODY.

EVERY MEDIA PUBLISH IT, EVERY STOCK BROKER EXCITED ABOUT IT AND IN I3 FORUM MANY PEOPLE CLICK "LIKES"

SO THE POOPULARITY OF THE STOCK IS AT ITS HEIGHT! HEIGHT OF FOLLY.

AND FOOLS, FOOLISHNESS AND THEIR FOLLY IS THE SAME ROOT WORD

SEE HOW NANCTYTANG BOUGHT 300,000 SHARES OF IFCA AT RM1.50.  IFCA WAS CHASED UP TO THE DIZZY HEIGHT OF RM1.87 FROM 7 SEN. AND AFTER IFCA CRASHED BY 3 TIMES LIMIT DOWN BELOW 40 SEN NANCYTANG DISAPPEARED TOGETHER WITH 90% OF THESE NAMES WHICH CLICKED "LIKES" FOR IFCA

SEE THEIR NAMES (these are the COMPANION OF FOOLS WHICH WERE DESTROYED!!)

 Ting Choryam, Bryan Lee, Jaafar Hamid, 十强, Rachel Yi Xin, MilkyTrich Chia, Benzi Gwee, Hussain Daud, Eli Chow, KaYen Ooi, Billy See, Jack Ong, aidilwm2, alex35, anthonylow, AyamTua, Blackpanther, blchew1973, CANI9906, catcat, chiakgs168, Count3, crazy127, ericio, Fosterrrr, Garyyap, geekwai, georgeck, godbless88, hepitrade, huntchua, jasgrafix, jeand, jennifer88, keng88, kentg03, lctay81, lemontea, Littlefield, lt54, melvinha4134, motomoto, Orionpacific, ozzie75, pan91282, pjtang13, questzmak, shidayea, shtan88, smallfry8, sstan8010, SYEE, Ting32, TwinkleStar19, Uz2015, kiman 70, wubwub

AFTER NANCYTANG GONE CASE ALREADY SURFACED ANOTHER SORCHAI CALLED JOHN LU

SEE JOHN LU CHASED MELEWAR AT PEAK PRICES TO 60 SEN. AND THEN MELEWAR CRASHED 50% TO 30 SEN

SEE 50% OF CAPITAL WIPED OFF

 Posted by John Lu > Dec 1, 2016 09:56 AM | Report Abuse 

I am bleeding on Melewar