Call me Doreamon…This going to be my first post title here…我问天。。。我问天 :-P
I venture my life into the world of equity in the month of March/April time frame, this year. Apparently, I’m very new to the world called ‘KLSE’!!!
Every since then, together with 健忘, we have done a lot of study to the counters that we come across with. Sharing reference books, subscription to Share Investment, mobile trading, and reading financial news become one of the essential task of the day. We never (or seldom) missed any edition of TheEdge weekly, even though I cant finish reading it in one week time.
Together with 健忘, we attended few seminars in regards to equity market. We started our study for some of the counters we came across both fundamentally and technically.
Overall, I still able to make a return of > 10% based on my total capital. For a new comer like me, consider not bad, right? :-P
Investment if kind of life time things, i do agree on a saying, do full time for your living, do part time for your future!!!
Safeguarding the capital is one of the most important things for our investment principle. It’s all hard earned money, every move got to be very careful. Even thought, we make looses, but some time cut losses are essential, who never did a wrong decision, right?..
我问天。。。我问天, our in hand so called ‘pets’, making a good profit in the previous quarter, we waited for the financial results for months. Yet, the financial result didn’t disappoint us actually. However, due to the poor sentiment in both local and global markets, our pets cant move, and it drops below our buying price.
Three months gone (I know…i know, 3 months is very short period for investment)..with very low profit.
2010 budget is on its way this 23rd Oct 09, we targeted few counters which shall perform, yet, we stuck with existing pets and cant allocate any capital for those.
Thinking to realign our investment strategic, which shall be some time next week…
冷眼 always said we shall have minimum move, in order to achieve maximum return. Once we have a target stick to it, never sell if the company continue to be profitable.
To move or not to move…shall not 问天, it shall 问自己 based on the fundamental of the company of our pets.
We decide our own way, learn from experiences and mistakes, shall not regret!!!
Let’s target for good profit for next quarter!!!