Posted by richman > 2013-09-13 13:37 | Report Abuse

like they say when FEAR is greatest BUY and when CONFIDENCE is at its peak SELL

Posted by haikeyila > 2013-09-13 15:24 | Report Abuse

excellent article. yet this forum is still full of shouting 'main kaunter-kaunter penis' type

Posted by simonfoo0123 > 2013-09-13 15:26 | Report Abuse

is easier to say than done

Posted by bsngpg > 2013-09-13 22:12 | Report Abuse

It is too SIMPLE to practice till rarely got people believe it. Most of us fail to do so as we think we are "smart". I am definitely one of the stupid "smart" and the one ranks at front; else I would have won few barrels of Gold already.

Posted by Jerry > 2013-09-15 15:17 | Report Abuse

do you dare to buy when market hitting low everyday?

Posted by bsngpg > 2013-09-15 20:40 | Report Abuse

“Jerry said do you dare to buy when market hitting low everyday?”

My answer is certainly YES. I bought in batches along the down trend until running out of capital. Then whenever there was new fund from extra saving from monthly salary, I bought again. It was my real experience, not bull shit here. People described that as 倾家荡产. The mistake I learnt from this past experience was that I should wait longer to collect at lower point.

Posted by bsngpg > 2013-09-15 20:51 | Report Abuse

I do not think it is practical and realistic to keep all money under pillow. In fact as long as you are interested in Bursa you will somehow have some capital trapped inside, it is a matter of how much, impossible to have zilch. If somebody claimed he was so smart to clear all stocks during the Bull, he is either a liar or not a serious player, be it trader, investor or speculator.

Posted by bsngpg > 2013-09-15 21:19 | Report Abuse

The gist of “Patient Investors Will Always Win” is that the company we invested in has to be a good company.

Let me quote one of my actual example, Mahsing which is not a super performer, instead it’s performance is just so-so only in the eyes of many people.

I bought Mahsing at RM2.65 on 10Feb2011 which was almost the highest price at that time. Since then, it has never backed to 2.65 until Feb 2013. After Right, Bonus, Wa, my purchase price has been adjusted to RM1.95. In between I received 3 times dividend, 76+110+76=RM262 and free wa=RM106. Thus my actual cost now is 1950-368=RM1584. Closing price on 13Sep13=RM2180. My grand profit is 2180-1584=596=37% in 2.75 years.

So now do you believe in “Patient Investors Will Always Win”? I believe it strongly, do you?