Yep, that is my goal.
My friend who is an full time independent adviser shares with me that some people tells him either say they
don't have money to invest or don't have the time to learn about
investing now.
Then he says, "Okay, so when? Can you set a timeline, not for me - but for yourself?"
Silence.
That is what I call procrastination.
There is a thin line distinguishing excuses and reasons, don't you think?
I have a few members in the program who are doctors in private practice. One of them is running his clinic in Kajang, Selangor. Aged 45, he works 12
hours/day, his clinic is full to the brim. Yet he is one of the very
determined learner in the program. Maybe at that age, you realize time
is of the essence. Every moment we procrastinate is a moment lost
forever.
I want to motivate you to take action. Not just any action, but the Right Action.
Especially when it comes to investing.
Besides time itself, the stock market waits for no man. Now may not be
the time to be invested fully, but when market dips, we know how to make
use of that small window of opportunity to invest prudently..
....if we got our "war chest" and knowledge ready starting today, that is.
The
other thing is it pain us greatly to see people lose money in the
market. People who knows so little but are IN the market just because
everyone is. I learnt the hard way. I don't want
you to have this kind of "follow the crowd" mindset.
That's why the very first module is about the correct mindset and how not to lose money.
The next 2 months you could be discovering stuff you never thought existed when it comes to investing in Bursa Malaysia
http://InvestBursa.com/
Every now and then, whenever there is an interview with an “expert” on stock investment, people likes to seek for his recommendation. The “expert” will then give his suggestion according to his understanding of macro and micro environment and provide his buy or sell advice accordingly.
This book, Taming the Money Sharks: 8 Super-Easy Stock Investment Maxims
, Philip emphasizes on the essential of evaluating a company's fundamental before putting in our hard-earned money. He introduces a total of 5 ratios and these ratios are mainly on evaluating a company's earning power, credit position as well as cash flow to meet its obligations.
Recently, I read a book by a local author that encourages people to put their funds offshore. The author particularly emphasize that by investing solely onshore is risky. He even spells out evidence on what sort of disastrous that the local policy will lead us to. On this basis, he strongly suggests us to diversify our risks via offshore investment.
. It is an very interesting book and the author shares his experience on becoming a gambler in the stock market. He knew nothing about stock investment when he first stepped into the stock market but he builds his "gambling" system to win throughout the process. In particular, he gives instruction to his broker to place buy and sell order at his target price according to his "gambling" system.
I am not a fan of market timing. To me, market timing is for speculators and I really don't bother to be a speculator I just don't want to sit in front of computer and stare at the computer monitor at all time. But just for my knowledge on how speculators are doing on market timing, I picked up this book.
When anwsering the questions raised by one of my readers, I realize that there was an error printing on Table 11-1 of my book, Freedom. Taking this opportunity, I would like to thank for all the feedback from my fellow readers. You feedback will indeed allow me to give your better in the future.
Many of my friends and students are asking for my opinion on investment in unit trust and advise on which unit trust can be invested in. Instead of telling them my answer, I first ask them how much do they know about unit trust investment. The result, almost most of them are unsure about how unit trust is operated. For those of you who are still unsure what is unit trust, you may refer to Chapter of my second English title: FREEDOM.
First of all, I would like to take this opportunity to thank you for your years of support. Since my first book was launched in 2010, I have been receiving tremendous number of positive feedback from you all. Your satisfaction is indeed my power to move on.
This is a link of my exclusive interview by Mr. CF Lieu on my new book, "FREEDOM". I do hope this interview will be able to provide you so more clues on achieving your financial objectives. This is Part 1 of the interview. I shall provide the link on Part 2 once it is available.
Happy new year to all my readers.
