- Self-interest - You must have high interest in what you are doing, to creating optimum performance.
- Hard work pays - Continuously & consistantly doing research, to upgrading knowledge & experience in Global financial system, economy, investment stuff.
- Discipline - Take charge of your own financial future, follow the "System". Not Greedy in Bull market, Not "Fearful" in Bear market
- It's all about begin with "Not How Much You Make, It's all about How Much You Lose"
2. Education
- Continuously & persistently upgrading knnowledge & experience in Global financial system, economy, investment stuff like fundamental/technical analysis.
(Ex: Losing money is one of the importance learning stage, it is described as paying for lesson and mostly happen at the very beginning of investment stage. Therefore, "Ask yourself how much you are preparing to LOSE!").
3. How to Win/Profit from Global market?
- "Buy low sell high" - (Ex: Buy RM1, Sell RM2, profit=RM1)
- "Trend is your friend, follow the trend" - (Ex: Identify Bull/Bear market)
- "Right Product vs Capital vs Timing" - (Ex: Identify prospect-strong fundamental shares , maximise fund utilisation, Bull trend)
4. Products available in Financial investment market
There are plenty of products available, rank according to the Risk factor, Return On Investment, individual confidence in the products:
- Unit trust funds
- Real estate investment - Assets like properties
- Real estate investment trusts - REITs
- Local / Global stock markets - Public listed companies like Maybank, CIMB, Genting
- Derivatives - Futures market like FKLI, FCPO
- Commodities - Crude Oil, Cocoa, Soybean
- Forex - Pair of currencies like Euro/Usd, Pound/Usd, Yen/Usd
5. Minimum capital required for the beginning
It varies among individual products. It's all depends on how do you wish to take charge of your financial future. Everything in the world comes from "Small", start small to grow big, never start never improve.
6. When is the "Perfect Timing" to start?
"Perfect Timing"? The market is "Always" there waiting for you. You are the only one responsible for your financial future! You take charge of it! Try to ask yourself: "If it's not now, then when?" Here are some of the checklist you may take into consideration:
- As long as you feel the "Confidence"
- Choose the preferable product
- Get ready the require capital - Fund available
- Understand the products, risk, rules, and the games
No comments:
Post a Comment