Sound like grandfather advise. All folk tales. Kettle calling pot black. White or black cat as long as catch mouse. All common tales sound so wise but empty.
Ironically, people would take the kind advice as a crap. They want to prove themselves they are different and stand out earning easy money without a need to go through the hard work. They normally don't think about the price paying for acquiring experience. What they focus is to make fast buck. That's why many water fish in the market.
Buy Padini then. Last time said Vs too expensive. I follow hot tips. Took margin. Now laughing all the way to bank. What wrong with education system. Can read and write mah. You want England education go there.
Posted by kcchongnz > Aug 1, 2015 07:20 PM | Report Abuse
Is this the product of the education system in Malaysia nowadays? Better follow hot tips rather than learning some life-long useful principles?
Wow, I am out of date now, didn't know the present education system has deteriorated to such an extend!
The problem is how to find and stick to WB kind of stocks in long term. Not many newbies are able to control their greed and egoism once joining the stock market.
If you do not put in effort to analyse the fundamental of the business and factors that affect its future performances, you will be like the three blind men depending on the one-eye jack to tell you what an elephant looks like.
I agreed with Mr Wealthy that nobody will care about your finances than you. There is always a conflict of self interest when it comes to money.
The key to investment is to minimize risks to achieve certainty in growth on capital and dividend yield. Only companies with strong balance sheet, proven track record and sustainable business model can deliver that certainty with minimum risks.
Businesses that can achieve long term sustainable earning in excess of its cost of capital, generating positive free cash flow to support dividend payment and servicing their debt obligations will definitely able to survive the onslaught of financial turbulent.
In time of crisis, lower sale volume, drop in price, rising interest rate, debtors’ default in payments etc will hit businesses at the same time with lightning speed.
Businesses that have overstretched themselves will be on the chopping boards either waiting for the white knight to save them or liquidated by lenders.
Fellow sifu, what is your view on current bursa outlook? Sentiment is bearish, with all kind of politics indian show, china is sliding down, us possible interest hike bla bla bla...expecting another round drop like last december?? Perhaps pro hot-tips steven chow has the answer?
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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....
kcchongnz
6,684 posts
Posted by kcchongnz > 2015-08-01 17:17 | Report Abuse
These are definitely sound advice.