Comments on: Humility – Check Your Financial Health http://www.horizon.my/2008/11/humility-check-your-financial-health/ Online Investor Fri, 13 May 2011 01:11:24 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: sunny http://www.horizon.my/2008/11/humility-check-your-financial-health/comment-page-1/#comment-13661 sunny Tue, 02 Nov 2010 05:17:52 +0000 http://www.horizon.my/?p=262#comment-13661 Thanks, Have a great week! GBU Thanks,

Have a great week! GBU

]]> By: larry http://www.horizon.my/2008/11/humility-check-your-financial-health/comment-page-1/#comment-13608 larry Mon, 01 Nov 2010 08:57:10 +0000 http://www.horizon.my/?p=262#comment-13608 Hi Sunny, thanks for your kind words. It's great that you are thinking of longer term wealth creation through a share portfolio. There are some traps and bumpy patches but I believe can be a rewarding experience if you continue to learn especially from teachings of people like Warren Buffett and Peter Lynch. God will certainly guide you if you ask Him (Proverbs 3:5) It does seem like you have an aggressive portfolio with the type of companies you invest in, personally I do not take this approach because I tend to stick with boring & predictable companies. Deleum for example, being in the Oil & Gas sector, depends on contracts and this makes its earnings pretty volatile. You will see from the last few quarters that earnings have taken a hit compared with last year. This is not to say that it is not good, but you would do well to understand why and what drives it earnings. If you have what Peter Lynch calls a "wonderful edge", eg if you are working in that industry, or working as a supplier or for a competitor, then most likely you will know about things happening with the company faster than me or anyone else. This gives you an edge over other investors. Also it all comes down to your risk profile, age, objectives etc. For me I have a return objective of 15-20% per annum compound over a long term period, I find that investing in lower risk companies can actually achieve such returns, so I don't bother to take on the extra risks. So I spend more time knowing those companies I invest in and their competitors, so I can get a good feel of how much they are worth intrinsically. Hi Sunny, thanks for your kind words. It’s great that you are thinking of longer term wealth creation through a share portfolio. There are some traps and bumpy patches but I believe can be a rewarding experience if you continue to learn especially from teachings of people like Warren Buffett and Peter Lynch. God will certainly guide you if you ask Him (Proverbs 3:5) It does seem like you have an aggressive portfolio with the type of companies you invest in, personally I do not take this approach because I tend to stick with boring & predictable companies. Deleum for example, being in the Oil & Gas sector, depends on contracts and this makes its earnings pretty volatile. You will see from the last few quarters that earnings have taken a hit compared with last year. This is not to say that it is not good, but you would do well to understand why and what drives it earnings. If you have what Peter Lynch calls a “wonderful edge”, eg if you are working in that industry, or working as a supplier or for a competitor, then most likely you will know about things happening with the company faster than me or anyone else. This gives you an edge over other investors. Also it all comes down to your risk profile, age, objectives etc. For me I have a return objective of 15-20% per annum compound over a long term period, I find that investing in lower risk companies can actually achieve such returns, so I don’t bother to take on the extra risks. So I spend more time knowing those companies I invest in and their competitors, so I can get a good feel of how much they are worth intrinsically.

]]> By: sunny http://www.horizon.my/2008/11/humility-check-your-financial-health/comment-page-1/#comment-13415 sunny Fri, 29 Oct 2010 11:39:34 +0000 http://www.horizon.my/?p=262#comment-13415 hi, i just found your site today, i enjoyed it extremely, thanks. i m a big fan of warren, i read his books years ago, but have never invested bcoz i didnt value money bfore, now married and havin a kid, i decided to do some for the future. been saving these few years for the family and decided to put some into the market. my first investment was an insurance plan for me n the kid coz i think it is safer. now looking to diversify a little. been praying for guidance, wisdom and strenght coz the market can b unpredictable, n who knows better than HIM. THE LORD GIVETH, and only through HIM all thing is done. i havnt really gone through your site, but from a few things i have read, i m really pleased and happy, and would like to have some of your ideas, and if you are willing, i would like to correspond with u on email. i started buying shares a month ago, pcb, hartalega, kossan, ecs, deleum, jadi. i sold off harta and made more than 20%, praise the LORD. i kept kossan, and m regretting coz i didnt thought i made enough, bad idea. i thought long term but, i dont feel right about it. i know rubber gloves are good companies, but i actually dont like the idea of speculating very much. i m plannin to keep ecs, coz i like the ceo, the same with pcb. he seems to be nice to shareholders. deleum i just kinda want to keep it for dividends and the future prospects. (i m attracted to shares that have good website n truthful chairman's statement). anyways to cut a long story short, i m not interested in speculating and listening to others. i pick my own stocks and would like to have some of your ideas in the future. hope that i will have this opportunity to correspond with you and learn from u. thanking u in advance. GOD BLESS YOU, n have a great weekend cheers hi,

i just found your site today, i enjoyed it extremely, thanks. i m a big fan of warren, i read his books years ago, but have never invested bcoz i didnt value money bfore, now married and havin a kid, i decided to do some for the future. been saving these few years for the family and decided to put some into the market. my first investment was an insurance plan for me n the kid coz i think it is safer. now looking to diversify a little. been praying for guidance, wisdom and strenght coz the market can b unpredictable, n who knows better than HIM.
THE LORD GIVETH, and only through HIM all thing is done.
i havnt really gone through your site, but from a few things i have read, i m really pleased and happy, and would like to have some of your ideas, and if you are willing, i would like to correspond with u on email.
i started buying shares a month ago, pcb, hartalega, kossan, ecs, deleum, jadi. i sold off harta and made more than 20%, praise the LORD. i kept kossan, and m regretting coz i didnt thought i made enough, bad idea. i thought long term but, i dont feel right about it. i know rubber gloves are good companies, but i actually dont like the idea of speculating very much. i m plannin to keep ecs, coz i like the ceo, the same with pcb. he seems to be nice to shareholders. deleum i just kinda want to keep it for dividends and the future prospects. (i m attracted to shares that have good website n truthful chairman’s statement).
anyways to cut a long story short, i m not interested in speculating and listening to others. i pick my own stocks and would like to have some of your ideas in the future.
hope that i will have this opportunity to correspond with you and learn from u.
thanking u in advance. GOD BLESS YOU, n have a great weekend
cheers

]]> By: Horizon.my » Blog Archive » How to Keep Making Money on Bursa Malaysia – Reflections & Ramblings http://www.horizon.my/2008/11/humility-check-your-financial-health/comment-page-1/#comment-3706 Horizon.my » Blog Archive » How to Keep Making Money on Bursa Malaysia – Reflections & Ramblings Wed, 12 Aug 2009 05:28:00 +0000 http://www.horizon.my/?p=262#comment-3706 [...] But Peter Lynch was right. You can make mistakes, but even if you get 6 out of 10 calls right, you’d be smiling. [...] [...] But Peter Lynch was right. You can make mistakes, but even if you get 6 out of 10 calls right, you’d be smiling. [...]

]]> By: fark.my http://www.horizon.my/2008/11/humility-check-your-financial-health/comment-page-1/#comment-53 fark.my Mon, 17 Nov 2008 03:52:12 +0000 http://www.horizon.my/?p=262#comment-53 <strong>Humility - Check Your Financial Health : Horizon.my...</strong> I’ve never really associated humility with stock market investment but after reflecting on it, I must say it is extremely relevant... Humility – Check Your Financial Health : Horizon.my…

I’ve never really associated humility with stock market investment but after reflecting on it, I must say it is extremely relevant…

]]> By: Lisa http://www.horizon.my/2008/11/humility-check-your-financial-health/comment-page-1/#comment-51 Lisa Sun, 16 Nov 2008 11:59:30 +0000 http://www.horizon.my/?p=262#comment-51 Palm oil is overly produce during the 'hot' time last year... now the price is too cheap... :$ Sunway Services.. it happened only when they started their renovation .. so i am suspecting that they have transferred some dept or group to another site.. *i am not sure* Palm oil is overly produce during the ‘hot’ time last year… now the price is too cheap…

:$

Sunway Services.. it happened only when they started their renovation .. so i am suspecting that they have transferred some dept or group to another site.. *i am not sure*

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