of course, I am an accountant. A CPA to be exact.
There are lots common wisdom and a lot of lies.
Telling a young man to compound his wealth in the share market is a conventional wisdom and is also the biggest Lie there is.

=======================================
Tell us frankly, are you really an accountant?

if son needs some some money to do business, give it to him la. Help as much as I can help la.


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Take your son as an example, how to follow your advice on "invest in their own business" when he "is spending as fast as he earns and even more"?

telling a young man to compound his wealth in the share market is the Biggest lie there ever is.

Huge diversified funds that invests across the world, across all continents and across all asset classes....maybe you have a case to talk about compounding...like the EPF.

For individuals, please don't even use the word compounding, it just doesn't apply.


Desa20201956 > Feb 19, 2016 06:45 PM | Report Abuse
Compounded interest is some thing no one can do.

I will tell you want is printing money.

Warrants are really printing money. That is how directors sees it.

That is why Tek Seng has 240 million shares , 120 million free warrants convertible at 25 sen.

But the warrants are a dampener on future performance of the share.

My record the last few months.
At the peak up about 20%, now about break even slight up.

I am quite proud.

Of course up 20% is better but life goes on.

Share market no compounding one.

What compounding?

Share market live day by day.


or what they say, cycle by cycle.

My record the last few months.
At the peak up about 20%, now about break even slight up.

I am quite proud.

Of course up 20% is better but life goes on.

Tom, the meat is in the details.

Put it this way.....never seen a successful business man without borrowings.

Have anyone?

In the low interest rate environment, you are supposed to borrow if you are smart.

I didn't say his earning is growing exponentially.
I say I hope his earnings will grow exponentially in future....more important than trying to save a few miserable few sens.

soros228
1042 posts
Posted by soros228 > Feb 20, 2016 10:32 AM | Report Abuse

Desa good to hear your son earning exponentially.
Hope he don't need to pay your margin debts later. Hahahaha.

Good fundamentals counters.....what do think KYY have been doing all these while?

They are all leaders in their industry with a bright future.

Some times, share over stretched, they correct, goes up and down.....do your own timing la.

You are short by a factor of 10.........

Soros.....


Business tycoons are by their nature more optimistic and feet more firmly planted on the ground than young stock traders such as your self.

That is why they succeed , you fail.

If oil goes up, looks like share market also go up.....

So what is your worry?

Soros, Why you worry so much one.?

This is called overly worries after the chicken left the barn.


Good undervalued shares will always come back

You better worried for half bankrupt companies in your portfolio.

Useless guy.

Attended his talk in Klcc, spend the whole time attacking the 4 Prime Minister.

Market drop sikit sikit , Icon lost his mind already.

Die lo if market drop more.

Market drop sikit sikit, icon lost his mind already.....

Die lo if market drop more.

Icon got so many hamsup siaw ren fan base

Felix, You can ring up Proton purchase department....I not interested.

Felix.....you need a super bull to bail you out......but super Bulls not that common.

Icon.........Even if I am beggar I don't tell tall stores to please little ladies on the Internet

yeah why?
============
YOLOOOO why be a dog when you can be a human?

Icon recommend half bankrupt and nothing special companies. But his disciples and fan base are all siaw ren.......goes together.

han fan....not interested


Icon8888 > Feb 19, 2016 09:28 PM | Report Abuse

meet me tomorrow 2 pm at Mid Valey Paparich. I will show you my RM200 mil portfolio

bring your daughter

look at all successful funds...they all follow same golden rules.

simple family businesses, growing companies, nothing complicated, easy to understand.

nothing political,leaders in their industry, low PEs....what else you want? all the complicated stuffs?
or you want dead stocks with billions of shares per Calvin?

or you want half bankrupt companies per the master story teller like Comintel, Dufu and other nothing special companies?


soros228 > Feb 19, 2016 09:17 PM | Report Abuse

I'm sincerely tell u. Don't blindly follow what golden rules.

they meet all my requirements and my golden rules.


soros228 > Feb 19, 2016 09:04 PM | Report Abuse

Desa, his picks at the moment is not attractive. Beware pump and dump lol.

a few thousand counters in the KLSE....isn't it good someone filters for me the best 10? I just have to do the timings myself.

buddyinvest > Feb 19, 2016 08:54 PM | Report Abuse

Desa, I notice that you have been sitting still, listeni

why invest in other people shares when can invest in one self?

We all already know you are a habitual story teller.


Icon8888 > Feb 19, 2016 08:48 PM | Report Abuse

My portfolio more than RM200 mil

you show me a $100 million portfolio, I too will sit up and listen.


Icon8888 > Feb 19, 2016 08:46 PM | Report Abuse

good. Now at least you know your place

but you ain't bigger than KYY's $100 million portfolio....so You can keep it or throw it away.


Icon8888 > Feb 19, 2016 08:44 PM | Report Abuse

U grow bigger then I explain to u

its ok, I do what I have to do.

Icon8888 > Feb 19, 2016 08:38 PM | Report Abuse

Small players are like that

why you want so many counters like all the silais I know...KYY got $100 million portfolio only 5 to 10 counters.
I know...you keep producing all those holland stocks, cannot have the heart to cut loss.

Icon8888 > Feb 19, 2016 08:25 PM | Report Abuse

Small portfolio easy to manage

why you want so many counters like all the silais I know...KYY got $100 million portfolio only 5 to 10 counters.


Icon8888 > Feb 19, 2016 08:25 PM | Report Abuse

Small portfolio easy to manage

not true, I still have 6 different counters in my portfolio....lets see....the biggest one is KeinHin.

Ven Felix > Feb 19, 2016 08:05 PM | Report Abuse

No wonder why, Desa recommend Maybank only to i3 fella

dont sell where got money to buy when I want?

my 23 years old son is spending as fast as he earns and even more...but its fine with me as long as his earnings will have exponential growth.

basically I agree with that.
youngsters should not save and invest in other people shares. They may save to invest in themselves or their own business.
I dont even agree to invest in gold, it will be just wasted effort.

invest only when you have spare cash because you cannot spend as fast as you earn.



PlsGiveBonus > Feb 19, 2016 07:51 PM | Report Abuse

Before putting your money at risk
Try to get yourself some good food and some good life style
It is very stupid to rush into it with all money, basically I do not recommend any youngster to invest now

I think the only workable compounding is MLM and networking.


Or junk mails......they compound very fast one.

I bot a little bit...now I know it is only 50% in solar, I think I will stop already

Compounded interest is some thing no one can do.
Only other people can do.

me?

I sold the new shares already lo.$1.89
just kept the old ones.

3 billion shares.........they got to get more institutions involved if they want the share to go up.


otherwise 10 years later still same price.

not 70%....only 50% of Solartech....more die lo.

how to support a fully diluted issued share capital of almost 400 million shares?

If I didn't know I could have mistaken you for a unit trust salesman.........lol

KYY is a business, tycoon. Businessmen and tycoons play by a different rule book.

Have to do more research.
But this Tek Seng solar business also like shit until they got Taiwanese partner some time last year.

Hellen cannot be higher risk than AhJib.
We can survive AhJib, we can survive Yellen

But I think people should close their margin accounts.

paper
I dont go around crying end of the world.

you have the psychology of a refugee?

the story teller is back....hahaha

there used to be a Li Tai Soa in Rediffusion....is that you?