1) Name card
You always need a deck of name card, distribute to every people you met.
2) SMS
You need to sign a unlimited plan in order to save the cost.
- Contacts that you already have.
- Newspaper (check ecode from google)
- anywhere you can get contacts.
3) House Shopping
Explore the nearby garden which you lived. You will always get the best first-hand information from there.
4) Flyers
Flyers need to be red in color. Having your contacts and it should look attractive Take photos as much as possible when you distribute flyers as well as talk with residences. If saw an empty house, try to ask neighbor.
5) Banners
If there's an empty house, you can put banner to bait the owner to contact you.
6) Creative board
Put creative board on the street pole is illegal. You will need an illegal contact on the creative board. Do this at Thursday night. Wear as casual as can be.
7) Internet or Social Media
Mudah
Facebook
Lelong
Thursday, December 17, 2015
Monday, November 30, 2015
Good debt, Bad debt
I've read Rich Dad Poor Dad for long time ago and I strongly agree about what he said: "Bad debt could cause people poorer, while good debt leverage profits!"
All successful business man posses debts, because they know how powerful the leverage is.
I have education debts and car debt. But, here I'm going to experience my first ever "good" debt all by my decision alone. So, I'm going to do my best to understand how this debt is going to be.
Margin of Finance:
Pledge securities: RM20,000.00
Cash: RM10,000.00
Borrowing amount: RM50,000.00
Interests: 4.85% per annum (BLR: 3.80% + 1.05%)
Risks:
Used amount/(Used amount + Pledge value + Cash) > 0.65 to trigger margin call.
In order to avoid this, I need to plot myself a plan - Margin of Safety.
The worst situation that I could imagine and still acceptable were all my cash shares included SFA shares dropped 62,5% from it's original value.
eg:
1st option - Use RM10K from RM50K
RM10K/(RM30+RM10K) = 0.25
To exceed 0.65, all my shares have to drop to a value of RM15K from its RM40K.
It's a bit risky if I'm going to use RM20K from the RM50K. Because the margin of safety could be only 40%.
eg:
2nd option - Use RM10K from RM50K
RM20K/(RM30+RM20K) = 0.40
To exceed 0.65, all my shares have to drop to a value of RM30K from its RM50K which is 40% from upside.
Non Margin Call but Value dropped
This is the case that acquired shares dropped from entry price, but not hitting the margin call.
1) RM10,000 from RM50,000
Interest: RM10,000 x 4.85% / 12 = RM40.41 per month.
2) RM20,000 from RM50,000
Interest: RM20,000 x 4.85% / 12 = RM80.83 per month.
Summary
I'm going to choose either the 1st or 2nd option to leverage my portfolio. 62.5% or 40% MOS, I need rules to discipline myself from emotional market.
1) This is the reserve that I will only use in Early Bull Market.
2) Every stocks that bought need to follow 15% stop loss policy.
3) Dividend need to exceed 5%.
4) No average down is allowed.
5) Revise 3 times for every decision in order to make sure winning rate is more than 90%.
* Never lose money! Never lose money! And Never lose money! - Warren Buffet.
All successful business man posses debts, because they know how powerful the leverage is.
I have education debts and car debt. But, here I'm going to experience my first ever "good" debt all by my decision alone. So, I'm going to do my best to understand how this debt is going to be.
Margin of Finance:
Pledge securities: RM20,000.00
Cash: RM10,000.00
Borrowing amount: RM50,000.00
Interests: 4.85% per annum (BLR: 3.80% + 1.05%)
Risks:
- 1st choice: Safest from margin call
Used amount/(Used amount + Pledge value + Cash) > 0.65 to trigger margin call.
In order to avoid this, I need to plot myself a plan - Margin of Safety.
The worst situation that I could imagine and still acceptable were all my cash shares included SFA shares dropped 62,5% from it's original value.
eg:
1st option - Use RM10K from RM50K
RM10K/(RM30+RM10K) = 0.25
To exceed 0.65, all my shares have to drop to a value of RM15K from its RM40K.
- 2nd choice: Risky from margin call
It's a bit risky if I'm going to use RM20K from the RM50K. Because the margin of safety could be only 40%.
eg:
2nd option - Use RM10K from RM50K
RM20K/(RM30+RM20K) = 0.40
To exceed 0.65, all my shares have to drop to a value of RM30K from its RM50K which is 40% from upside.
Non Margin Call but Value dropped
This is the case that acquired shares dropped from entry price, but not hitting the margin call.
1) RM10,000 from RM50,000
Interest: RM10,000 x 4.85% / 12 = RM40.41 per month.
2) RM20,000 from RM50,000
Interest: RM20,000 x 4.85% / 12 = RM80.83 per month.
Summary
I'm going to choose either the 1st or 2nd option to leverage my portfolio. 62.5% or 40% MOS, I need rules to discipline myself from emotional market.
1) This is the reserve that I will only use in Early Bull Market.
2) Every stocks that bought need to follow 15% stop loss policy.
3) Dividend need to exceed 5%.
4) No average down is allowed.
5) Revise 3 times for every decision in order to make sure winning rate is more than 90%.
* Never lose money! Never lose money! And Never lose money! - Warren Buffet.
Friday, May 15, 2015
Best Quote from Jack Ma
Jack Ma once said "When selling to close friends and family, no matter how much you're selling to them, they will always feel you're earning their money, no matter how cheap you sell to them, they wouldn't appreciate it. "
Jack Ma said: "When doing sales, the first person who will trust you will be strangers, friends will be shielding against you, fair weather friends will distance from you. Family will look down upon you"
"The day you finally succeed, paying the bill for every get-together dinner, entertainment, you will realized; Everyone else is present except strangers"
Jack Ma said: "When doing sales, the first person who will trust you will be strangers, friends will be shielding against you, fair weather friends will distance from you. Family will look down upon you"
"The day you finally succeed, paying the bill for every get-together dinner, entertainment, you will realized; Everyone else is present except strangers"
Monday, January 5, 2015
Speculate & Fundamental
Of course, I'm focus on fundamental investing but one thing we should remember. If we invested all money in the market during bearish year, and if you aimed for long term investment you probably made a huge mistake. So, this tell us the market was not merely depend on the fundamental.
One who invested all money when the market is bearish, just if he doesn't freaked out when the market bottomed, it could use 6 months to 15 months for the market to rebound. This is consider a losses because:1) Our capital freeze, only some tiny dividend gain (5%-7%) 2) You lost opportunities when the market bottomed (blue chips on sales)
So, to be a smart investor, we of course need to be hardworking to study on the fundamental; also, we need to at least know where we are, and to adjust our strategy during certain timing.
Our market price was build based on how people trades, so the fundamental alone is not enough (unless you are a super long-term investor which also can gain over 10-30 years) timing also very important to roll up your money.
We can't accurately locate where we are now, but we roughly know which section now we are located and adjust our money in the market . Eg: Reallocate your cash to 40 to 70% for the bear market to come when bank rise the interest. Buy 80 to 100% of shares when bank interest fall.
Happy investing!
One who invested all money when the market is bearish, just if he doesn't freaked out when the market bottomed, it could use 6 months to 15 months for the market to rebound. This is consider a losses because:1) Our capital freeze, only some tiny dividend gain (5%-7%) 2) You lost opportunities when the market bottomed (blue chips on sales)
So, to be a smart investor, we of course need to be hardworking to study on the fundamental; also, we need to at least know where we are, and to adjust our strategy during certain timing.
Our market price was build based on how people trades, so the fundamental alone is not enough (unless you are a super long-term investor which also can gain over 10-30 years) timing also very important to roll up your money.
We can't accurately locate where we are now, but we roughly know which section now we are located and adjust our money in the market . Eg: Reallocate your cash to 40 to 70% for the bear market to come when bank rise the interest. Buy 80 to 100% of shares when bank interest fall.
Happy investing!
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