Posted by moneySIFU > 2018-10-25 12:24 | Report Abuse

Good sharing, Bro Jon.

At the peak, I have 90% of total funds invested in stock market in the whole 2017 until the last theme play of steel stocks in last August~September.

Since then, I cash out all my funds & converted into FD after doing nothing for 6 months & sitting in the securities accounts earning little interest.

Currently, I have less than 10% funds made available for stock market.

My record for this year was loss of 25% & was able to reduce the loss back to 10%, very much thanks to Lay Hong.

For the whole 2018, I have been nervous & in fear about the prospect of the stock market, the stock pick 2018 results proved I am right.

But I trust there are always chances to spot good trading/investing opportunities individually.

Hope I can buy some good stock at very cheap price, slowly & progressively.

Posted by kenyang88 > 2018-10-25 12:46 | Report Abuse

Well written.

Posted by Alex™ > 2018-10-25 12:48 | Report Abuse

I collect rm2k fee only

Posted by qqq3 > 2018-10-25 12:55 | Report Abuse

with stock market, write well don't translate to right choices, right decisions.....the two are unrelated.....

stock market is a mind game, a psychology game, a marketing game....10 problems with stock market behaviors.....


Integrating lessons from marketing into the stock market.
Author: qqq3 | Publish date: Fri, 19 Oct 2018, 06:16 PM

https://klse.i3investor.com/blogs/qqq3/178931.jsp

Posted by qqq3 > 2018-10-25 12:58 | Report Abuse

Posted by Bear Market > Oct 25, 2018 12:32 PM | Report Abuse


Answer : A complete and clear explanation of the great divorce! Good job!
===============

in trade wars, no winners...only got losers...and even if China loses more, Americans still loses......

managing the world's most important bilateral relationship, China -USA.....is a complete disaster under Trump.

Posted by qqq3 > 2018-10-25 13:02 | Report Abuse

https://klse.i3investor.com/blogs/qqq3/177315.jsp

trade wars like boiling a frog...
Author: qqq3 | Publish date: Mon, 8 Oct 2018, 06:25 PM

Posted by qqq3 > 2018-10-25 13:08 | Report Abuse

bear....China will not kow tow to Trump.....that is a certainty......

want war? than war it is.

Posted by qqq3 > 2018-10-25 13:11 | Report Abuse

the last few months....the world really got too many people who believed China will kow tow and easy for Trump....well....reality is slowly setting in.......

Posted by Up_down > 2018-10-25 13:22 | Report Abuse

Well written. A real investor won't really care about market volatility in short term and mid term. He doesn't even interested in looking at the screen board. It's non of his business to analyze more. so....be mindful... to determine whether you a trader or investor deep in your mind.

Posted by Up_down > 2018-10-25 13:28 | Report Abuse

Warm and cosy trap is actual quite scarified to traders.....cooking frogs in a slow cooker.

Posted by qqq3 > 2018-10-25 13:50 | Report Abuse

by Bear Market > Oct 25, 2018 01:20 PM | Report Abuse

Hihihaha! Yeah, Donald thought China would just surrender! But i guess it's fair since US companies now are rushing to move out from China!
=================

Dow Jones companies make a lot of money selling in China...these cannot move out......

manufacturing for exports , these can move out....but no loss to China as Chinese companies can easily fill the vacuum......

Posted by speakup > 2018-10-25 13:52 | Report Abuse

when market is bad, take time out.....read about politics and relax your mind

Posted by qqq3 > 2018-10-25 13:52 | Report Abuse

Bear Market > Oct 25, 2018 01:49 PM | Report Abuse

The main problem is not the trade war but what mainstream media are telling general public! Most if not all mainstream media portray Donald as protectionist which is gross untrue! The recent revised NAFTA 2.0 is anything but protectionism! Yet as usually, mainstream media keep giving the wrong message! Once EU, and Japan clinch the same deal, basically China will be isolated from the rest of develop economy unless China too agree to the same! You can't lie about free trade when you are the main culprit of such malpractice!
============

so if Trump wants to play law of the jungle....then law of jungle it will be.....no loss to China.

Posted by qqq3 > 2018-10-25 13:53 | Report Abuse

by speakup > Oct 25, 2018 01:52 PM | Report Abuse

when market is bad, take time out.....read about politics and relax your mind
=============

problem....ignoring the market does not mean prices has stop dropping......

Posted by qqq3 > 2018-10-25 14:05 | Report Abuse

I keep my brain working and myself entertained....

Posted by qqq3 > 2018-10-25 14:08 | Report Abuse

bear....certainly, there are too many Trump supporters in the world.....like Hitler supporters in the early years......

Posted by teareader818 > 2018-10-25 14:15 | Report Abuse

qqq3, why you equate Trump supporters with Hitler's? Is it bad to be a nationalist?

Posted by Jon Choivo > 2018-10-25 14:18 | Report Abuse

qqq3,

Price is not value. If you don't get this, i suggest you get out and put in FD.

Your age, cannot afford to lose the only few hundred k you got.

Posted by qqq3 > 2018-10-25 14:19 | Report Abuse

choivo...do whatever u want...doesn't bother me....

Posted by qqq3 > 2018-10-25 14:20 | Report Abuse

Posted by teareader818 > Oct 25, 2018 02:15 PM | Report Abuse

qqq3, why you equate Trump supporters with Hitler's? Is it bad to be a nationalist?
==================

similarties between Trumpees and nazis too many to count......

Posted by qqq3 > 2018-10-25 14:24 | Report Abuse

choivo, so u think I write rubbish because I say my portfolio is small?

well, I rather prefer everyone here think I am a small guy.....less pressure on me.....


I am not looking for business after all....

Posted by Jon Choivo > 2018-10-25 14:26 | Report Abuse

I don't judge by portfolio. But by thinking and thought process.

Yours is very lacking and weak.

I KYY also fire not a problem.

While a friend with less than 20k portfolio, when he talk, ill listen and discuss with him.

Your brain really is muddled honestly. You need to go do something else.

======
Posted by qqq3 > Oct 25, 2018 02:24 PM | Report Abuse

choivo, so u think I write rubbish because I say my portfolio is small?

well, I rather prefer everyone here think I am a small guy.....less pressure on me.....


I am not looking for business after all....

Posted by qqq3 > 2018-10-25 14:31 | Report Abuse

Should add.....Addiction to US$ is the new opium.......China need to quickly get out of the US$ addiction......I believe one day China will be able to say to Americans....sorry, you need yuan to buy stuffs from China.

Posted by qqq3 > 2018-10-25 14:36 | Report Abuse

choivo, as long as u are judging by what I write....I got no problem.....

I am good enough to know myself.....

Posted by qqq3 > 2018-10-25 14:38 | Report Abuse

I am not here to convince chiovo or bear....I am here to entertain myself....and of course, I am confident of myself....

Posted by qqq3 > 2018-10-25 14:41 | Report Abuse

do whatever u want chivo....u want a good image a value investor image.....go ahead.....

I just want to know how long u can last........lol....

Posted by Junichiro > 2018-10-25 15:15 | Report Abuse

In trade wars , everyone loses. As one economist in US admitted, China is not so dependent of US as the US would like her to be.

Posted by qqq3 > 2018-10-25 15:21 | Report Abuse

rationalising and confirmation bias.......

everyone is entitled to their rationalising and confirmation bias.......

but who can do critical thinking?

Posted by qqq3 > 2018-10-25 15:28 | Report Abuse

Bear Market > Oct 25, 2018 03:20 PM | Report Abuse

Answer : So nobody loses then! You said in trade war, everybody lose but then you contridict by saying china not so dependent on US! So you are saying this trade war is meaningless! Well, this is a great divorce between US and China! US will get their cheap fix from elsewhere! China don't have to import 100 billion from US! It's final! But Aseans are winners! So no, there are winners as well!
===========

history of the world full of American mistakes....Trump is the latest but not the only one.

as for Asean ...if world trade shrinks, it cannot be good.....stock markets......stock markets are monkey see monkey do....stock markets are not Gods....stock markets goes by perceptions.

Posted by Junichiro > 2018-10-25 15:54 | Report Abuse

Nobel laureate,Joseph E. Stiglitz said:

"First, macroeconomics always prevails: if the United States’ domestic investment continues to exceed its savings, it will have to import capital and have a large trade deficit. Worse, because of the tax cuts enacted at the end of last year, the US fiscal deficit is reaching new records – recently projected to exceed $1 trillion by 2020 – which means that the trade deficit almost surely will increase, whatever the outcome of the trade war. The only way that won’t happen is if Trump leads the US into a recession, with incomes declining so much that investment and imports plummet."

If the US is sucked into a recession, will Asean win ?

Posted by godhand > 2018-10-25 16:04 | Report Abuse

Posted by qqq3 > Oct 25, 2018 02:41 PM | Report Abuse

do whatever u want chivo....u want a good image a value investor image.....go ahead.....

I just want to know how long u can last........lol....
____________________________________

i dont think u need to worry about him. If he can uphold his principle he will do well. its very hard to see him lose judging by his stock pick

Posted by CharlesT > 2018-10-25 16:07 | Report Abuse

Jon this year hv to break yr piggy bank to pay yr guaranteed profit of 4.5% to yr parent n uncle auntie ah?

Posted by lcwin > 2018-10-25 16:44 | Report Abuse

Good toughts everyone. Let me share my 1 sen view.
USA have no good manufacturing base for more than 20 years already. Their manufactured goods is generally below par compared to most european , Japanese n koreas items. China have been exporting lot of goods to USA thats true BUT most of the goods have very low value added to it. If China reduced export to USA the impact will be felt across the world incl USA as probably 90% of the export value is imported.
USA is essentially a war mongering nation and a death Merchant. Their arm industry is second to none and every President will creat a war to revitalist USA arm industry coffers. Look into the recorded history... any excuse to start a war is their motto.
IP wars ok.Do you know how outdated is the IP laws? 17 years IP protections n renewed based on certain updates etc. Nowdays unlike 50 years ago thing change in a year or two why 17 years? Things like ABS why give patent? most driver last time modulate the brake to achieve ABS effect ..common sense mah and the list goes on.
Don't forget history. USA with the European war mongers plundered China about 100 years ago. Is that fair?

Posted by qqq3 > 2018-10-25 17:03 | Report Abuse

I don't even know who is this child choivo...why should I bother or worry for him? I couldn't be bothered......

Posted by qqq3 > 2018-10-25 17:12 | Report Abuse

China is in full agreement with icwin....China is united....no way China will kow tow....just no way.


China can tighten its belts, no big deal.....who will survive? can the fat cowboys survive?

Posted by lcwin > 2018-10-25 17:35 | Report Abuse

USA is good at twisting and turning like a snake so I think they will survive but in about 25 years we will see a new world order. WE deals with chinese companies for more than 10 years and their knowhow change is incredible. For US companies they are more reliable compare with the chinese but inflexible and extremely expensive. The USA is prop up by the artificially high value of its currency

Posted by qqq3 > 2018-10-25 17:48 | Report Abuse

Should add.....Addiction to US$ is the new opium.......China need to quickly get out of the US$ addiction......I believe one day China will be able to say to Americans....sorry, you need yuan to buy stuffs from China.

my million $ question...so when will that day arrive? maybe soon after Make in China 2025 is achieved.....

Posted by Jon Choivo > 2018-10-25 17:59 | Report Abuse

3 year lock unker! With bullet structure.

Roughly 2 more years to go. Its like margin finance, but cheaper and more secure!

My parents are in their own account, where i manage for zero fees, all gain and loss they keep. The money is too big for me to guarantee. Im very careful with theirs, and its somewhat more diversified with low concentration caps.

I dont take money from extended family.

Guranteed is only friends.

===========


CharlesT Jon this year hv to break yr piggy bank to pay yr guaranteed profit of 4.5% to yr parent n uncle auntie ah?
25/10/2018 16:07

Posted by CharlesT > 2018-10-25 18:03 | Report Abuse

3 years lock? Meaning to say 4.5%×3 years= 13.5% by end of 3 years?

If yr funds made short of 13.5% by then u hv to break yr piggy bank n pay to yr friend investor?

Posted by CharlesT > 2018-10-25 18:04 | Report Abuse

U hv good friends....

Posted by 3iii > 2018-10-25 18:30 |

Post removed.Why?

Posted by Jon Choivo > 2018-10-25 18:36 | Report Abuse

Yes i agreed to buy at a predetermined price per unit.

The structure is highest FD rate in msia (4.5% in this case). Capital guaranteed. Any gain above 4.5%, 60% is mine, 40% is yours.

Well, they dont have somewhere much better to put. Im offering higher than FD (a little) and they think im worth putting money on.

One guy rolled his forward (even though i offered to buy him out), as he was the first, and only a year in that case.

He also tripled his investment, even as prices fell.

Yeah, they are great people. Hard to find such friends.

====
CharlesT 3 years lock? Meaning to say 4.5%×3 years= 13.5% by end of 3 years?

If yr funds made short of 13.5% by then u hv to break yr piggy bank n pay to yr friend investor?
25/10/2018 18:03

CharlesT U hv good friends....
25/10/2018 18:04

Posted by 3iii > 2018-10-25 18:37 |

Post removed.Why?

Posted by qqq3 > 2018-10-25 18:38 | Report Abuse

there is no co-relationship between writing and performance......

or even between writing and actual decisions and choices.....lol...

Posted by 3iii > 2018-10-25 18:44 | Report Abuse

qqq3

Those wth a good investing philosophy and strategy should do well in their investing .. in general.

Better to acquire these investing knowledge early.

Sometimes, these knowledge may not ensure you high returns in your investing but at the least, you can be assured of not losing too much in not knowing what you are doing.

After all, the risk of investing is yourself and Warren Buffett rightly pointed out - risk is not knowing what you are doing.

Posted by qqq3 > 2018-10-25 19:33 | Report Abuse

3iii...yes wallen the bufalo is rich....mistaken to think wallen wannabes will be as rich.....

Posted by qqq3 > 2018-10-25 19:36 | Report Abuse

3iii

a lot of success failure is due to birth...where and when born, to whom born......the era of investing......

large success is luck....moderate success is hard work, skill and talent....I already got the skill and talent, now just a bit of hard work.......lol.....

Posted by qqq3 > 2018-10-25 20:34 | Report Abuse

come to think of it....if every analysts, every fund manager believes value investing according to the Bufalo is the way to go.....how can that lead to success?

Posted by qqq3 > 2018-10-25 22:10 | Report Abuse

the habit and the character to make money....that belongs to KYY....not to Kc Chong from NZ......

stock market very simple one.....giant returns come from focus, very focused, put all the eggs in one basket......

another problem...what colored egg? the battle is between safety and hoped for returns......what characteristics u want?

Posted by CharlesT > 2018-10-25 22:14 | Report Abuse

Jon if i were yr friend i see the greatest risk as you n not the stock mkt