It is focusing on Stock investment . but actually it links with Financial statement reading , P/E ratio, intrinsic value, director declaration and others which i learn from ACCA. But it is real life game of stock which involves real money.
Besides what's more important to attend his workshop is his MINDSET. there is similarility of his with Datuk Lawrence's mindset. Both have high BELIEF level in themselves. I realise after datuk's workshop, the belief level is not as strong as previously. Maybe i have to keep reminding myself and stating WHY i have to keep the level of belief high at ALL TIME. Only with measurable reasoning, then i would have know how to overcome it .
Adam - strong enthusiam in giving presentation and excites us at all time with his facts and knowledge makes me stay wide awake the whole 2 hour briefing on stock. He applies NLP to develop curiousity at all time - ie " giving out for free" ? " / " finish his sentence " / " fill up the form " " relevant charts with figures that excites us " / " 5% of his knowledge" ... which makes audience waiting for his to give more n Paps ~~ there goes the sale of the workshop TICKETS.
What i learn tonight is :-
- Intrinsic value - future income generated discounted to PV
- ETF ( at least 3 )- long term
- Index
- Passive Income - Financial freedom
- Wealth calculator = Liquid asset / expense - passive income
- How only will have Financial freedom - 10k a month ? how much saving per year ? at what age
- Belief level
- Action - winner take action , losers procrastinate n give excuses
Passive income are generated from -
- business (Stocks)
-property (REIT)
-Intellectual property
One can get info of Director buying and selling / can get to know the intrinsic value - over or under valued - 5 / 15/ 25
(P/E of index from bloomberg )
Moving average used - 50 and 150 days . cross with both slanting downwards or vice versa to buy or sell.
Shanghai , Jakarta, Hong kong, Singapore is a good place to invest. Get to broker and get MA and others for free . Invest in Index for long term - 20 years+ will see an uptrend . Min 250 to start investing. If cant manage small fund , how to manage big money.
It is a MUST have if want to be rich .If doubt and have low belief level, then one cannot be rich... Rich - how many months can sustain without active income ( AI - can stop if not working )
First - what lifestyle u want ? then what strategy ? then financial plan to invest right ( Knowledge is the best protection level )
US is good place to invest with low commission and min 1 share only . There is all uptrend EXCEPT JAPAN . there is always a false breakout throughout the time , but remain calm with good analysis to support ur own reasoning
Invest 10% of saving ! Don invest will lose 75% due to inflation ..
10 criterias to meet -
- insider buying stock ( can get news )
- stock price is below intrinsic value
- stock price is on uptrend
No comments:
Post a Comment