As from April 2013 my Journey in Investing is to create Retirement Income for Life till 85 years old in 2041 for two persons over market cycles of Bull and Bear.

Click to email CW8888 or Email ID : jacobng1@gmail.com



Welcome to Ministry of Wealth!

This blog is authored by an old multi-bagger blue chips stock picker uncle from HDB heartland!

"The market is not your mother. It consists of tough men and women who look for ways to take money away from you instead of pouring milk into your mouth." - Dr. Alexander Elder

"For the things we have to learn before we can do them, we learn by doing them." - Aristotle

It is here where I share with you how I did it! FREE Education in stock market wisdom.

Think Investing as Tug of War - Read more? Click and scroll down



Important Notice and Attention: If you are looking for such ideas; here is the wrong blog to visit.

Value Investing
Dividend/Income Investing
Technical Analysis and Charting
Stock Tips

Sunday, 17 May 2015

When Will You Sell Your Kep Corp???



Someone asked him ... "When will you sell your Kep Corp?"


He will definitely sell those positions that are supposed to be sold; but he didn't like the idea of cutting losses to add more cash to his growing War Chest.

His idea about cash may not be commonly understood by some retail investors. 

Why cheer yourself over a bigger war chest when you are already struggling with lack of buying ideas?

Can we ever recover by cutting losses into cold hard cash by locking in negative return?

Remember, the stock market is unpredictable. Salted fishes can come back alive. It not just happen; but it keeps happening many times!


 

There will be right time at your own time to cut losses and switch horses as we don't need to win back the same way as we have lost them.














Now, look at the chart. You can suggest or hint to him when is the right price to sell all?

NTA (Net Tangible Asset) at 31 Mar 15 is $5.92

Total dividends received for FY 14 is $0.12 + $0.36 = $0.48





3 comments:

  1. CW,

    This post is definitely not for newbies.

    It's for those who have reached tertiary level in investing ;)


    When were were at kindergarten level (when we were a blank piece of paper), it's easier to teach 1+1 = 2

    Need to wait till tertiary level before we can introduce concepts like 1+1 = 1. 1+1 = 3, 1+1 = legion, etc...

    LOL!

    ReplyDelete
    Replies
    1. Quite often, we may hear child asking questions even professors can't answer. :-)

      Delete
  2. Support you again!

    http://i.imgur.com/HKxsIV4.jpg

    ReplyDelete

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