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2015-11-18 08:46 | Report Abuse
Basically u are actually arguing in psychological term instead of probability. If u can calculate the probability of 1 over 6 and 10 over 60 .. u will know both are the same. U will not choose 10 over 60 claiming 10 over 60 is better or faster compare to 1 over 6.
Now, how about psychological term. Does 10 over 60 give better perspective compare to 1 over 6 ? The answer should be NO. If u understand probability, psychologically u should know both are the same. If don't understand probability, 10 over 60 or 1 over 6 are just a meaningless arguments.
... Let's go to your machine gun analogy. If u fire a pistol with 10 bullet Even though u point to right direction, there are chances u onli hit 1 bullet and miss 9 and u may be misled by the result and think u have pointed at wrong direction.
... So, u say u should use machine guns which fire 100 bullets. And might get 10 bullets hit. I ask u lar ... if u fire 100 bullets and ONLY 10 hit the target ... another 90 missed ... Doesn't this gave the same psychological effect as hitting 1 out of 10 bullets ? And u WILL think u have pointed at wrong direction because u MISS 90 out of 100 shots !!!
IT IS THE SAME !!
2015-11-16 13:19 | Report Abuse
no ... diversify does not increase the "sure way" or fastered your believe. Diversify does dampen the gain in exchange to reduce risk of getting wipe out in one go for being unlucky. MEaning if u put everything into one stock, and something unrelated happen like earthquacke which destroy the whole company, u will be totally wipe out even though the company is very good. So, before u put everything in ONE stock, we must ask can we accept the risk of the stock being totally wipe out by unrelated circumstance.
On this i will like to recall my experience by putting everything in one stock called ANALABS in 2007, reason was i can't find or no time to find other good stock to diversify into, and i believe i can accept the consequences of the stock been wipe out because i was still actively working as doctor with very stable income ... it did not dampen my believe in value investing. It did not slower my outcome of my believe too. On the contrary to what u said ... i actually realised my gain fastest than those who had diversify.
Now, the moral is diversification does not increase your gain, does not speed up your believe, does not improve the sure way. But yet We must diversify if "AVAILABLE" "AND" "AFFORDABLE" after observing the first rule of "Margin of Safety"... in 2007 scenario of MINE ... there were no value stocks "available" for me to diversify into due to time and energy constraint.
2015-11-16 11:49 | Report Abuse
bottom line is ... diversification is to cover our ass .... from misfortune. Nothing to do with getting result faster. It is like insurance. Onli a fool want to buy life insurance to make money. Insurance is to cover misfortune. Unforseen bad luck.
2015-11-14 12:39 | Report Abuse
like i said ... during early stage .. newbies will tend to do like u do ... i last time also record all this. Now i am in different stage liaw ... hope u one day will reach my stage ... then u will say the same thing like i just did. At my stage ... i no need record so detail all this small small issues mar. It is the bigger picture that i look at. For eg. who care how much i bought or sell LCTH or PMCorp LAST TIME. I onli ask ... what is the current value of LCTH, what is the buy/sell price, what is my current cash, exposure, what is the near term outlook etc. For eg. let said i sold LCTH 13 sen last month ... doesn't mean i will not buy back LCTH at 20 sen.
2015-11-14 12:30 | Report Abuse
err ... i buy and sell ... and sell and buy ... so my name sometimes appear and disappear ... depend on which date they list out the top shareholders mar ... like this lar ... if i lied ... i suffer bad luck FOREVER ... and if i tell the truth ... then u suffer bad luck for 3 years ... okay ?
2015-11-14 11:01 | Report Abuse
X-Div = dividend that has been x-dated, but not yet received.
Once the dividend received than u must transfer the value of X-Div to Cash section.
2015-11-14 11:00 | Report Abuse
in another excel page ... u should have a portfolio BALANCE SHEET. In Balance sheet ... u should list down preferably "horizontally" instead or vertically your cash and all the stocks VALUE u own. For eg. Capital : Total Fund Value : Net : %Net : Cash : X-Div : padini : spsetia : opensys : etc.
2015-11-14 10:51 | Report Abuse
u dun need to disclose it ... but u need to know these for your self. If u haven't done so ... u must start to do it. U can start by now. How much is your stock worth now and how much cash in the fund (meaning Cash in your share account). U dun need to included cash in your saving account. Onli those cash u transfer from saving account into share account. Open a new excel page, and record it down. For eg. 01/11/2015 inject RM 1,000 cash into share account.
2015-11-14 09:50 | Report Abuse
Good effort. I did these when i start investing many many years back. Ok ... what i really want to know is
1. your fund value (including the CASH) at "beginning" and "end" of every year for annual rate calculation..
2. and state the date and how much every time u inject new cash into the fund.
Cheers.
2015-11-09 13:47 | Report Abuse
perak oh perak ... kenapa engkau canteek ?
HAHAHAHAHAH !
2015-11-09 13:46 | Report Abuse
mari lah mari ... jadi lah kaya
bila sudah kaya ... boleh jadi buaya
PMCORP CANTEEEEEEEEEEKKK !!!
2015-11-06 17:20 | Report Abuse
i'm holding more than 3 millions shares ... and planning to add another 3 millions shares more tomorrow ... MUAHAHAHAHAHAH ... HAHAHAHAHAHAHAHAH ....
2015-11-04 16:56 | Report Abuse
HAHAHAHAAHHA ... LALALALALALALA ....
2015-11-03 11:38 | Report Abuse
thank u ... will do my veri best.
2015-11-01 15:59 | Report Abuse
number 3 is famili, friends, and society .... if u live aone in a cave, u still can do something useful for the bats and cockcroachs ... the bats and cockroach might help u during u in trouble.
2015-11-01 14:44 | Report Abuse
and thanks for all the best wishes ...
2015-11-01 14:35 | Report Abuse
hhahah ... remind me of one fellow who indon maid always do the kids homework since kinderganten until secondary school ... unfortunately the kid got flunk out for fighting before entering form two. Otherwise the maid might go all the way to graduate from university.
2015-10-30 16:48 | Report Abuse
yup ... everi day ... plus running.
2015-10-29 19:34 | Report Abuse
hahahah ... i am a multi-millionaire mar ... when u become multi millionaire u will act like a multi millionaire one ... no point i try to explain why 47% cash ... one day when u become multi millionaire .. u will understand. Mean time ... HAHAHAHAHAH ... BOH CHOOOOWWW CCCCCCCCCCC AAAAAAAAAAAAAAAAAAAAA !!!!
2015-10-27 16:36 | Report Abuse
DAH BELI KE BELUM ? APA ? BELUM ? TAK MAU JADI KAYA KE ? HAHAHAHAHAH .... INSAS CANTEEEEEEEEEEKKK !!
2015-10-27 16:25 | Report Abuse
ELLOO .... ? WHERE IS ALL MY SOLDIERS AND SLAVES ? YOUR KING IS BACK ! HAHAHAHAHAH .....
2015-10-27 16:23 | Report Abuse
HAHAHAHAH ... ALL PUNDAN SELLERS MATI ALREDI .... HAHAHAHAHAH ... HAHAHAHAHAH ...... INSAS CANTEEEEEEEEEEEKKKK !!
2015-10-27 16:22 | Report Abuse
INSAS OH INSAS
KENAPA ENGKAU CANTEEK ?
MACAM MANA INSAS TAK CANTEEK
LENO CAKAP CANTEEK
2015-10-27 16:19 | Report Abuse
JANGAN TUNGGU LAMA-LAMA
NANTI LAMA-LAMA
DISAMBAR ORANG
2015-10-27 16:17 | Report Abuse
MARI-LAH MARI ... MARI MENARI
INSAS MESTI MAU BELI
SAPE TAK BELI DIA PASTI RUGI
2015-10-27 16:13 | Report Abuse
HAHAHAHAH ... i am in at 79 sen ... WISH ME LUCK !!
2015-10-27 15:53 | Report Abuse
PMCORP CASH PAYOUT LAI LIAW ! MARI MARI ! WANG BESAR ! WANG BESAR !!
2015-10-24 16:10 | Report Abuse
kakakakaka .... henry donkey ... no need lar keep changing your c2peed username just to attack me ... this show how shallow u are mar ... KAKAKAKAKAKAKAK ... jangan marah ya .... donkey tak boleh marah ... kalu donkey marah .. nanti kena sebat .... muaHAHAHAHAHAHAH
2015-10-23 10:43 | Report Abuse
hahahahah ... another SOLID GOLD counter ... HAHAHAHAHAH !
2015-10-22 15:17 | Report Abuse
hahahahah .... perakcorp is SOLID GOLD counter .... HAHAHAHAHAH ....
2015-09-15 07:24 | Report Abuse
alreadi re-enter at 62 sen yesterday .... will whack more if go below 60 sen .... HAHAHAHAHAH .... CanTEEEEEEEEEEEEEKKKKKKKKKK !!!
Blog: Portfolio Diversification; My Experience kcchongnz
2015-11-18 11:04 | Report Abuse
a bit more about the word "AFFORDABLE"
It means in financial term and ability term.
Financially mean .. u enough money to diversify or not. Can u buy 10 4d number with rm 5 ? Can ?
Ability mean ... how many stocks u can follow in term of value investing monitoring. Some can onli keep track of 5 companies some can keep track of 50. Peter lynch can keep track more than 100 stocks. I got a millionaires friends who can keep track 50. Some of them work in teams. And some who life is center over share market meaning no other life other than share market. No famili, no kids, no exercise, no movies etc.
Whereas leno can keep track up to 10 stocks. But sometimes onli up to 5 due to TIME constraint. For example, now leno am BUSY training for leno first full marathon.
So ... got understand ? eLLLLLOOO .....? Any brain matter inside your head ?