Practically is not purely true. Report alway show an example of good stock at right timing. Can anyone can recommend now which stock can projected grow double or triple or more in five to ten year? Also when is the right timing? In 21 century felt that it is very difficult for long term. Anything may happen or change.
ks55: I believe is very experience n knowledgeable in trading or investment in stock market. Can you recommend good REIT counters for me to monitor to keep for long term or even for children future which I think will fare better return compare to fd or unit trust. Is now the right time or wait 2016 to 2018 to maximise return? Thanks.
To the author: not necessary long term investment produces better results, this is my past experience, why is your statement about long term investment true or false? If it i true it has to has reasons for making it true or else it definitely is false. Cause and Effect. The effect is the result, I am sure long term investment is not just the only cause for becoming rich when talking about stocks. What do you think Mr. Author? Everyone said fundamentals of a business---the cash flow, the low debts, the roe, the pe and etc. This is just theory because a lot of company does not have those qualities coming out from nothing. If it is so plain an simple, how come we don't see so many people so rich. As for emotion control, the only way you are going to have emotion control is to buy only 1 stock for 10 years without looking at the stock market for 10 years. Mr. Author, you probably do not have emotional control yourself, could you please tell all of us, how often do you look at the stock market. Your article is just so funny and amusing! As for people who ask you to invest in REITs just because the prices are lower now. Did you ask yourself why the prices are lower now. Because less people are interested in reits now that is why prices are lower or other their other reasons making prices lower now? Why less people interested in something but some people still want to jump in? This puzzles me? The guy never tell people why reits are cheaper now! Are there going to be overbuilding in KL in the next few years and reits becoming less valuable when interest rate rises that are going to affect your reits in the future. Did this guy want you to hold your reits for 200 years? Know what you are doing before you do and see whether this is a good time to do something or not? Don't just do something because the price is cheap. Price cheap is not the fundamental of business investment?
They didn't predict the market, they know what is good for them right now, and they do what they need to do now to promote what is good to people in the future that is how they do well in the future. They didn't predict the market in the future, they create the future they want for themselves and the market in the future for other people. They never look at what is good for them right now and promote it to other people, they are losers because they are followers of the leaders who sold them out eventually, that is why you have 80% losers and 20% winners. I am just bored by writing the forum please don't mind my broken English.
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....
ks55
4,248 posts
Posted by ks55 > 2015-03-01 11:18 | Report Abuse
Very good article. Strongly recommended for newbies.
If you make 10% return every year, for every 100k you put in, in 20 years, you will end up with 672k.
If you make 20% return every year, for every 100k you put in, in 20 years, you will end up with 3.8 million.
If you make 26% return every year, for every 100k you put in, in 20 years, you will end up with 10.1 million.
Congratulations!! You will become a millionaire if you are not greedy.