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Monday, June 30, 2014

Stock Watch : DRBHcom

Today is the last day ... of June. Tmr is July.

There is a huge transition in me ... as I am officially leaving my full-time teaching. But, I still like to teach ... so, I will give Math tuition and teaching 'trading stocks'.


DRBHicom ... what a waterfall. I am watching here as it is oversold now. What is going on? Could it be someone dislike Dr M to be appointed and to show his disapproval, selling off the stock?

It is worth watching and support at RM2.20 now.

TEH

Sunday, June 29, 2014

Selamat Berpuasa



Selamat Berpuasa to all our Muslim friends.




Heard this song ... when I was waiting for Brazil vs Chile game last in one of the TV3 drama. It is one great song, the powerful voice ... and the message.

For my readers/followers, you are invited to :  https://www.facebook.com/groups/cpteh/

TEH


Wednesday, June 25, 2014

Stocks (update)

It is Wednesday ... preparing for market to open, rather than rushing to office and classes.


Affin : I sold at RM3.38, bought at RM3.28 last week. Contra-trade. Check that RM3.39 is the 20MA resistance. I did not buyback as I sold her ... to move into 'small' counters such as ...



Eforce : Breakout seen in the morning when it moved above 82 cents. Buy on breakout ... a successful breakout here, closed at 87cents. I will still hold but check if many more jumping in ... 89cents or above will be a good profit to take.


PMetal : What a breakout ... share with my stock-watch group and telling them this is a nice chart ... very nice. So, been patiently wait for breakout ... many bought earlier at RM3.40-RM3.60 levels. Call it ascending-triangle or whatever u like ... read all you like when PMetal was written last weekend in media ... most important thing still is to take a trade, take the calculated risk ... and profit.


PMetal-ca  : A new call-warrant that I am trading, collected average 19cents. Some risk-takers followed me in this one.


Seacera : After released her on Monday at 90cents, I did not take the trade but moved to some others. This is not good for those chased yesterday. It hit 96.5cents, a good intraday players might profit for it but the selling seen before closing. It closed at 91.5 cents, and that is at immediate support. Another 3-candle-sticks will check if I will put in back into my trading list.



KLCI reaching NEW HIGH.    1892.33 

Congrats to Malaysia boleh-land ... we are heading to 1900 soon.

Readers are welcomed to join me in my blah-blah page : https://www.facebook.com/groups/cpteh/

Have a nice trading day ahead.

TEH

Tuesday, June 24, 2014

Stocks



Press Metal : On the verge to breakout of the current resistance and into new high ... and PMetal-wc at RM2 now.

PMetal-wc : Missed this one at RM1.80, when I given to my trading group. Well ... I grabbed the ca, instead.


Eforce : On the verge to breakout too ... at 83cents now.


Seacera : Bought 84cents last Friday ... some followed and I sold 90cents yesterday. At 94 cents today. Next resistance at 98cents, so today is not a buy. Buying EForce to trade will be a better bet.


Affin : Collected below RM3.30 as technically it is so nice for technical rebound. So, I asked my stock-watch group to buy below RM3.30. But, I sold her just now RM3.38. thanks, Affin. Well, Friday was the last-day of trading Affin-OR. I do not buy OR as I am a trader. I used the right-issue news to trade, actually.

I do have few more stocks I am trading. Well, no longer working ... so, have more time to scan stocks and trade. So, quite glad with my new job as a trader!!

can join me here : https://www.facebook.com/groups/cpteh/

Disclaimer : Trade at your own risk.

TEH

Monday, June 23, 2014

Stock Watch : MRCB


MRCB moved above RM1.65, with RM1.79 as target. Finally ... it breaks RM1.65. Phew.

TEH

Book recommendation : Small Change

Monday morning ... a good weekend for me, and now to start a week. Yes, slowly getting used to new schedules ... no longer rushing to office in the morning but at home, setting up my trading platform and spaces. It is almost 8 am now ...

I attended a market-talk on Saturday. It was good as I do learn something 'new' ... yes, I always able to learn something by attending these talks. I do hope to attend more market-talks and learn more ... verifying my trading systems. As I was listening to 'breakout' play, I do think I m getting a little more details to add in some breakout-play I have been trading. It will add in slight edge ... perhaps another 2%? Trading is about 'probabilities' ... and planning.

I am still more comfortable trading against the trend ... catching knives and buying into good stocks!! For example, I like glove-counters at the moment as most of glove-stocks in strong down trend!! I called it 'technical-rebound' play. I have been doing well in technical-rebound rather than breakout? Will further improve in both ... and then, see me do better in coming months!!

Ok ... I am slowly moving into my facebook group and sharing with my readers. One of the thing I shared last night was my latest book I am reading.


Simple reading book, written by a Sporean ... but it carries lots of weight in feeding our investing mindset. So, it is worth every ringgit (RM30 plus only). I will slowly share more of books I read or reading, articles ... the 'learning corner' where I share my opinions on what some newbies need to know and such.

https://www.facebook.com/groups/cpteh/

One needs to have a facebook account. If u dont know how, do ask your kids or younger ones to help you to open one. It is free, by the way.

Yes ... slowly ... I will be more interested to cater for smaller groups of genuine readers. Hopefully, I could contribute in a small manner, helping newbies to have a head-start in trading and investing. I have went through that stage about 5-6 years ago ... it is still fresh in my mind how I struggled and lost many of times. I have failed in many times ... back-testing many trading strategies and re-fining the trading set-up. Nothing comes easy ... but we must persevere.

Just hope to provide a platform ... in helping newbies.

Oh yes, I do not get paid by recommending any books here or sites. In case, some not-so-good-human around think I am doing it to benefit myself, monetary-sense. Hmm ...

Have a day ahead.

TEH

Saturday, June 21, 2014

Market Talks and Seminars

Good morning ... I am attending another market talk, my legs not so well ... but that would not stop me from ... going for market-talks.

I will be attending more workshops, training ... talks, seminars ... anything related to stock-market trading. Yes ... by not 'working', learning to trade (back to school) is what I am doing at the moment. I will take 1-2 years to learn as much new techniques, set-ups and more. It is ever learning for me as I am still at novice level.

Yes, I repeat here ... I am at novice level as I am only in markets for 6 years ... and only learning to use charts merely 2-3 years ago. But, I do know that I am an advance novice as I am passionate to learn .... also,



TMS : Goreng to 20cents ... now hanging at 5-6 cents. It is interesting that how some could profit so hugely ... by goreng stocks, but it is for syndicates to goreng. We could only follow ... if we do not know how, then it is the best to AVOID such counters. I have said many of times ... newbies and novices should avoid such stocks.


Sersol : Goreng to RM1 ... at 35 cents level now. Yes, some punters will get excited punting it. And many more jumped but get stuck.

Cohort-12 : I am planning for my next trading workshop (cohort-12) next month. Those interested, do contact me at cpteh@yahoo.com

One may join me at

https://www.facebook.com/groups/cpteh/

Have a nice weekend

TEH

Thursday, June 19, 2014

Penny Stocks Rally




OpenSys : We discussed about it before it broken 20cents, as 24cents was its IPO price. Once broken 24cents, no looking back. At 40cents now, overbought as many more chasing ...


Oversea : Breakout yesterday ... use 26cents as support. Short-term trading, ride on it.


SMRT : Another hot-stocks chased by retailers ... some believing it to be next Presbhd. I have sold the 'wa' ... as the chart stating that SMRT is hitting its resistance 0.725. So, a healthy pull-back shall give us another trade. Watch for breakout. Otherwise, no trade on her for me.

There are many more ... MAS is one great flight to show Malaysia-Boleh spirit. No system, but boleh spirit.

TEH

Wednesday, June 18, 2014

Breakout : Inari and Menang




Inari : Breakout of RM2.90 ... bought in the morning, many followed. Hold.


Menang : This is not so fortunate as it did not close above RM1.10. Shall wait to see tmr if breakout failing.

Note : I started to share some learning pointers in my CP's Trading Adventure group in facebook. One may click the link to request    

https://www.facebook.com/groups/cpteh/ 

I shared the above two stocks last week when I was showing the potential breakout to watch ... and what breakout is.

Slowly ... I will share articles, books ... blogs, websites ... terms, techniques and more.

Still very much a teacher-in-me.

TEH

Tuesday, June 17, 2014

10 Movies Every Entrepreneur Needs to Watch



No one ever said being an entrepreneur would be easy. A million obstacles seem to stand in the way each and every day. The naysayers and budget woes can be enough for the average person to start waving the white flag.

But you are not an average person: You’re an entrepreneur. That means that even when times are tough, you’re still going to march forward.

Yet when this whole entrepreneur thing becomes overwhelming, take a break and look for some much needed motivation. And what better way to find inspiration than watching movies?

Whether it’s a heartwarming adventure, irreverent comedy or thought-provoking documentary, a film can inspire and motivate a weary business owner.

With that in mind, here are 10 movies that every entrepreneur needs to watch:

1. The Social Network: It was no surprise that The Social Network was a blockbuster when it was released in 2010. After all, everyone wanted to see how Mark Zuckerberg became transformed from a Harvard student to launching the most popular social-media network in the world. Why watch it? Never mind if this was overdramatized. The film gives viewers a better understanding of how to make a startup succeed by exhibiting such qualities as being flexible and resilient. Every time I watch this movie it motivates me to be a better entrepreneur.

2. Glengarry Glen Ross: Based on David Mamet's Pulitzer Prize-winning play, this film explores the cutthroat world of Chicago real estate. Glengarry Glen Ross takes a closer look at the lies and betrayals people endure just to succeed in business.

Why watch it? Unfortunately, the business world can be brutal, something you’ll learn even as a salesperson. This 1992 film illustrates just how vicious it can be.

3. Pirates of Silicon Valley: This was a made-for-TV movie released in 1999 that covers the early days of the country's leading technology hub and the eventual rise of both Bill Gates and Steve Jobs. The documentary-style movie provides an interesting take on the lives of the founders of Microsoft and Apple.

Why watch it? Entrepreneurs are still looking for inspiration from these two iconic “pirates.” It definitely provides pointers to learn from.

4. Citizen Kane: Even if you’re not an entrepreneur, watch Orson Welles’ 1941 masterpiece. The film revolves around the life of a fictitious Charles Foster Kane, a newspaper tycoon loosely based on William Randolph Hearst and his quest for fortune and power. In the end, however, Kane comes to understand what’s really important in life.

Why watch it? While launching a successful business is a goal of every entrepreneur, it’s not the only goal in life.

5. The Pursuit of Happyness: Based on the true story of Chris Gardner, this 2006 Will Smith vehicle is one of the most heartwarming and motivational films for entrepreneurs. If you’re not moved by watching Chris and his son struggle to follow a dream, then I am truly puzzled.

Why watch it? Even though he became homeless and struggled to provide for his son, Chris never gave up on his dream. That passion and sacrifice is something every entrepreneur should be willing to embrace.

6. Moneyball: You don’t have to be a baseball fan to enjoy Brad Pitt’s portrayal of Billy Beane, the general manager of the Oakland A’s. Because the team didn't have the finances to spend on players, Beane had to discover a unique way to compete.

Why watch it? Beane had to be innovative. And that’s one of the most-well known traits of entrepreneurs: figuring out how to make something better. Also, Beane never listened to the naysayers and never backed down from his vision.

7. Rocky: This is another film that everyone has to watch at least once. Sylvester Stallone wrote and starred in this ultimate underdog tale of Rocky Balboa going the distance with boxing heavyweight champion Apollo Creed.

Why watch it? Even when the world tells you that you'll never have a chance to succeed, keep fighting. That competitive spirit can take you a long way. And I dare you to listen to the classic score from Bill Conti and not become motivated.

8. Wall Street: In 1987, director Oliver Stone made Gordon Gekko (Michael Douglas) one of the most infamous characters in cinema history with his motto “greed is good.” The film centers on the illegal and unethical decisions made by Bud Fox (Charlie Sheen) to become filthy rich like Gekko, a corporate raider.

What watch it? Don’t sell yourself out just for the sake of money. Remember, being an entrepreneur isn’t just about becoming rich and famous.

9. Jerry Maguire: The protagonist, Jerry Maguire (Tom Cruise), had it all: a great career, lots of friends and a beautiful fiancé. One day, however, he has an epiphany: Sports agents shouldn’t just be looking at the money scenes but how to take care of their clients. Jerry loses everything and goes on journey to regain everything he’s lost.

Why watch it? When you’re following your dream, everything else will fall into place both professionally and personally. Jerry Maguire eventually learns this valuable lesson.

10. Office Space: This 1999 comedy from Mike Judge focuses on Peter Gibbons (Ron Livingston), who eventually discovers how much he hates sitting inside a cubicle taking orders from his creepy boss Bill Lumbergh (Gary Cole).

Why watch it? Every entrepreneur hates working for someone else and will even sometimes go to extremes to get fired: I'm not condoning that you embezzle, though: it could result in jail time.

Well, I will like to watch these movies ... and going to watch it once a month with my tratles-group as one of our monthly activity. haha.

If the response not good, I won't mind invite those in my trading group!!

TEH

Monday, June 16, 2014

Kedai Satu Ringgit



GPharos : Dont know why a sudden gap-up ... and now with volumes!! Un-discovered gem, I guess. hitting RM1 and with such candle-stick now, it is NOT to chase for me. Watching how they going to goreng her ... so, I added her into my list recently.



GOB : This is ex-equine ... not good fundamentals, but has improved. Mind you, it was at around RM5 plus before 2008 crash ... now, they are a hot-stock again as they are talking about Penang-Second bridge and IKEA ... can be traded, as it is sitting at 20MA now ... target RM1.06 and 1.17


Malton : Being mentioned as RHB-OSK's jewel last year with target RM1.80 ... but not materialised. In fact, it has been taken out from the latest jewel-list. No more glittering ... one of the Penang-Second bridge play by analysts. Will it be in play again after consolidating for some time now? Resistance at high RM1.12 above ... support at 98cents. Buy around 98cents and see if it could rebound from here?



SilkHolding : In news ... into O&G? The highway not making money? Why many moving into property or O&G?

I still have Sendai and few more in my RM1 list ... need to go to fetch my girl from kinder now, then lunch with family before I go for my tuition classes in noon (3pm to 7pm).

TEH

Sunday, June 15, 2014

Safe and Sound





Note : I will donate to PAWS and SPCA. I do not believe in buying dogs/cats from shops. Those commercialized pets. I hope to create awareness of the works of PAWS/SPCA ... and hoping many more kind-hearted people will adopt these 'strays' rather than buying those 'cute' ones.



A great man story ... respect. I wish to visit them and help in($$ sense).



"Safe & Sound" (feat. The Civil Wars)

I remember tears streaming down your face
When I said, "I'll never let you go"
When all those shadows almost killed your light
I remember you said, "Don't leave me here alone"
But all that's dead and gone and passed tonight


Just close your eyes
The sun is going down
You'll be alright
No one can hurt you now
Come morning light
You and I'll be safe and sound

Don't you dare look out your window, darling,
Everything's on fire
The war outside our door keeps raging on
Hold on to this lullaby
Even when music's gone
Gone

 Just close your eyes
The sun is going down
You'll be alright# No one can hurt you now
Come morning light
You and I'll be safe and sound

 Oooh, Oooh, Oooh, Oooh
Oooh, Oooh, Oooh, Oooh
La La (La La)
La La (La La)
Oooh, Oooh, Oooh, Oooh
Oooh, Oooh, Oooh, Oooh
 La La (La La)

Just close your eyes
You'll be alright
Come morning light,
 You and I'll be safe and sound...

 Oooh, oooh, oooh, oooh oh oh. [repeat 'til fade]

TEH

Friday, June 13, 2014

World Cup Schedule (Malaysia Time)




Game 1 : Brazil beaten Croatia 3 - 1.


JADUAL PERLAWANAN PIALA DUNIA 2014 (waktu Malaysia)

JUMAAT, 13 JUN 2014 A 04:00 Brazil lwn Croatia

SABTU, 14 JUN 2014 A 12:00am Mexico lwn Cameroon B 03:00am Spain lwn Netherlands B 06:00am Chile lwn Australia

AHAD, 15 JUN 2014 C 12:00am Colombia lwn Greece D 03:00am Uruguay lwn Costa Rica D 06:00am England lwn Italy C 09:00am Côte d'Ivoire lwn Japan

ISNIN, 16 JUN 2014 E 12:00am Switzerland lwn Ecuador E 03:00am France lwn Honduras F 06:00am Argentina lwn Bosnia-Herzegovina

SELASA, 17 JUN 2014 G 12:00am Germany lwn Portugal F 03:00am Iran lwn Nigeria G 06:00am Ghana lwn USA

RABU, 18 JUN 2014 H 12:00am Belgium lwn Algeria A 03:00am Brazil lwn Mexico H 06:00am Russia lwn Korea Republic

KHAMIS, 19 JUN 2014 B 12:00am Australia lwn Netherlands B 03:00am Spain lwn Chile A 06:00am Cameroon lwn Croatia

JUMAAT, 20 JUN 2014 C 12:00am Colombia lwn Côte D 03:00am Uruguay lwn England C 06:00am Japan lwn Greece

SABTU, 21 JUN 2014 D 12:00am Italy lwn Costa Rica E 03:00am Switzerland lwn France E 06:00am Honduras lwn Ecuador

AHAD, 22 JUN 2014 F 12:00am Argentina lwn Iran G 03:00am Germany lwn Ghana F 06:00am Nigeria lwn Bosnia-Herzegovina

ISNIN, 23 JUN 2014 H 12:00am Belgium lwn Russia H 03:00am Korea Republic lwn Algeria G 06:00am USA lwn Portugal

SELASA, 24 JUN 2014 B 12:00am Australia lwn Spain B 12:00am Netherlands lwn Chile A 04:00am Cameroon lwn Brazil A 04:00am Croatia lwn Mexico

RABU, 25 JUN 2014 D 12:00am Italy lwn Uruguay D 12:00am Costa Rica lwn England C 04:00am Japan lwn Colombia C 04:00am Greece lwn Côte d'Ivoire

KHAMIS, 26 JUN 2014 F 12:00am Nigeria lwn Argentina F 12:00am Bosnia-Herzegovina lwn Iran E 04:00am Honduras lwn Switzerland E 04:00am Ecuador lwn France Jadual piala dunia

JUMAAT, 27 JUN 2014 G 12:00am US lwn Germany G 12:00am Portugal lwn Ghana H 04:00am Korea Republic lwn Belgium H 04:00am Algeria lwn Russia


TEH

Thursday, June 12, 2014

Stock Watch : SPSetia




This morning I brought my family to SetiaWalk.We went to Setia-mall for a cartoon movie(Dorothy's return).  It is at Puchong, near IOI-Mall ... and developed by SPSetia. Impressive ... with rows of F&B outlets. We were spoilt with choice ...


I was looking for BadBoy Cooks ... but it was covered behind Sector7. So, I went to Taipei-Taipei, instead.


Then I saw this one ... PADI ... thought it has something to do with diving ... nice environment.


Ok ... as we all knew, Liew left SPSetia ... and sold his stake around RM3.90 to PNB. Then, he formed Ecoworld. That is old story ... where Focal at 60cents, unknown then became a RM5 Ecoworld today.

Recently I sold off all my stake in Ecoworld at RM5.05 ... yeah, the un-lucky number BLACK 505. If you do not know PADI is related to diving, that is OK. But if you cant get why I sold at 505 .. hmm ... what else can I say?

I am a shareholder of SPSetia. It has been a good debate on SP vs Eco. I will choose SP, anytime. But, as traders ... we need to go with the 'hot' stocks where many retailers inside it, for some operators to push it up and down. News released ... after halt-trading. Multiple cooperate exercises and it dived from RM5.80 to RM4.80, lost more than RM1.

Anyway ... back to SPSetia. What is next without Liew and his whole gang? SPSetia is not build in a year. How do we value Ecoworld and keep mentioning it as second SPSetia? It is far from that tho they are very aggressive now. We shall see how Ecoworld is doing ... but for me, it is way ahead of its valuation.

While many do not like SPSetia now, once a darling in property-sector ... I started to like it very much. We do need more clarity from PNB on what they are going to do next. Investors do not like uncertainties. Are they going to inject I&P as some analysts suggesting? Will there be a new boss? Who? Are they selling assets? Will they be able to deliver as promised with Liew as boss? Are they acquiring land? etc etc ...

I will buy more if SP going below RM2.80 again.

Disclaimer : This is not a buy-sell calls. Consult those know-how.

TEH

Monday, June 09, 2014

Leaving the E ... easier said than done.

Good morning ... it is a school holiday for my kids. I m glad I am 'not working' ... actually, I am ... but just that I no longer rushing to college as I used to be for past ... err ... 20 years plus? Oh yes, I remembered I do walk to school when I was with Sinaran Institute(previous one) as I rented a house nearby(near Likas). Sinaran shifted to Menggatal(not itchy, actually) ... and I shifted home to KL ...


http://www.institut-sinaran.edu.my/

As I am missing Sabah, the nice place to stay ... but I forced myself to be back to KL, as I was totally broke($$$) and with two young babies then ... life was such a struggle. In huge debt after marriage, failed in JV with ex-colleagues in Keropok-biz, I was entering KLSE ... that was end of 2007.


This picture of Karambunai beach was taken last week when one of my ex-Sinaran students(graduated) went there. Nice ...


This is a sunset in Sabah ... an ex-bowling kaki of mine(CPS) taken this days ago ... great pix.

So, I saved both pictures ... and remind myself that ... once I am done with my tuition centers, I will like to retire ... back to KK. I do still have a small beach apartment at Melinsung(Papar)

Ok ... back to some financial matters.

I had a meeting with some of my colleagues ... well, I m leaving the current college(Taylor's) and I was hoping to keep in touch with some of colleagues who are 'closer to me'. I invited about 20 of them ... and guess it right, only 4 came for my financial briefing!!


Yes, I was sharing with them how I struggled ... failed so many times, taking so much of risk ... and planed, with strong determination, to achieve my goal. Yes, to LEAVE the E-quadrant ... my full-time employment job.

My salary

Teaching in college is NOT lucrative ... when I was with Sinaran, my salary was merely RM3,200 per month. With increment about RM100 per month, it doesnt look that I am going to get out of debt OR certainly will have to teach there till my retiring age, 60. Even that, I will never be able to be financially at ease ... never!! Taylor is paying me better ... agreed at RM4200 for my initial pay, I flew back for interview and easily grabbed the post. Just disappointed that I did not get my expected salary of RM4, 500. As I do not have 'Master", I was placed under a category as all new lecturers, just the highest level. My pay is around RM5k ... and reaching the ceiling soon. With 5% increment, it is one of the better pay college. But the demand of the job is great ... the stress could be tremendous. Still new-comers will only get RM2, 200 level. Hmm ...

Leaving E

So ... I have planned to leave the E-quadrant. I do not like to leave my students 'half-way'. So, I chose this semester as 4 of my batch of students went for final exams. Just another one left, but they are the sponsored students, smart and I m not so worry ... they will score with or without me, anyway.

Without the E ... one will feel ... hmm ... odd. I am lost of time ... didnt realise that today is supposed to be Monday?

How do I plan ... when I was still 'naive' in markets 5 years ago? I just simply 'never give up' and continue to learn. I started this blog in 2008, Aug. If u r new, u may re-read my boring posts ... 2800 of them. This is post #2801, actually.

I am sure those successfully left their E-quadrant could tell me about their experiences. Many of them will venture into biz ... yes, the B-quadrant. Again, it is easier said than done ... the capitals needed, the experiences, our partners ... and more headache to consider. I m experiencing that NOW ... with my new tuition centers. It is difficult dealing with other humans. But, I am learning to be ... emm ... social-friendly(of coz I am not ... low EQ person here).

From a person who is very alone and closed, I have forced myself to 'mix' with other humans. Of coz it is such a great challenge doing something not our nature or something we are not comfortable.

But ... it is a must for me to increase my EQ ... and thicken my face(haha).

Got to go ... to be continued(may be)

TEH

Sunday, June 08, 2014

World Cup Fever ...

I will be busy to catch matches ... but I hope I could watch a few 'live'. Selected ones.


Bought a magz ... to keep myself update!!

To keep in touch with me, do click on the link (create a facebook account, if you do not have one)

https://www.facebook.com/groups/cpteh/

This is for my blog readers, and getting to know them will be good, asking questions ... and perhaps clearing some doubt?

TEH

Friday, June 06, 2014

How to Become a Millionaire by Age 30

Good morning ... I woke up around 5am just now. Well, slept early. Been very busy as this week is FM paper ... and I have many 'last' classes with my tuition students. Hope they all do well ...

Nothing in my mind at the moment to blog about ... sharing one of the many of those 'must do' kinda reminder about how we could be of the 'financial rich' side of mentality.

http://www.entrepreneur.com/article/234454

1. Follow the money. In today’s economic environment you cannot save your way to millionaire status. The first step is to focus on increasing your income in increments and repeating that. My income was $3,000 a month and nine years later it was $20,000 a month. Start following the money and it will force you to control revenue and see opportunities.

2. Don’t show off -- show up! I didn’t buy my first luxury watch or car until my businesses and investments were producing multiple secure flows of income. I was still driving a Toyota Camry when I had become a millionaire. Be known for your work ethic, not the trinkets that you buy.

3. Save to invest, don’t save to save. The only reason to save money is to invest it. Put your saved money into secured, sacred (untouchable) accounts. Never use these accounts for anything, not even an emergency. This will force you to continue to follow step one (increase income). To this day, at least twice a year, I am broke because I always invest my surpluses into ventures I cannot access.

4. Avoid debt that doesn’t pay you. Make it a rule that you never use debt that won’t make you money. I borrowed money for a car only because I knew it could increase my income. Rich people use debt to leverage investments and grow cash flows. Poor people use debt to buy things that make rich people richer.

5. Treat money like a jealous lover. Millions wish for financial freedom, but only those that make it a priority have millions. To get rich and stay rich you will have to make it a priority. Money is like a jealous lover. Ignore it and it will ignore you, or worse, it will leave you for someone who makes it a priority.

6. Money doesn’t sleep. Money doesn’t know about clocks, schedules or holidays, and you shouldn’t either. Money loves people that have a great work ethic. When I was 26 years old, I was in retail and the store I worked at closed at 7 p.m. Most times you could find me there at 11 p.m. making an extra sale. Never try to be the smartest or luckiest person -- just make sure you outwork everyone.

7. Poor makes no sense. I have been poor, and it sucks. I have had just enough and that sucks almost as bad. Eliminate any and all ideas that being poor is somehow OK. Bill Gates has said, "If you’re born poor, it’s not your mistake. But if you die poor, it is your mistake."

8. Get a millionaire mentor. Most of us were brought up middle class or poor and then hold ourselves to the limits and ideas of that group. I have been studying millionaires to duplicate what they did. Get your own personal millionaire mentor and study them. Most rich people are extremely generous with their knowledge and their resources.

9. Get your money to do the heavy lifting. Investing is the Holy Grail in becoming a millionaire and you should make more money off your investments than your work. If you don’t have surplus money you won’t make investments. The second company I started required a $50,000 investment. That company has paid me back that $50,000 every month for the last 10 years. My third investment was in real estate, where I started with $350,000, a large part of my net worth at the time. I still own that property today and it continues to provide me with income. Investing is the only reason to do the other steps, and your money must work for you and do your heavy lifting.

10. Shoot for $10 million, not $1 million. The single biggest financial mistake I’ve made was not thinking big enough. I encourage you to go for more than a million. There is no shortage of money on this planet, only a shortage of people thinking big enough.

Apply these 10 steps and they will make you rich. Steer clear of people that suggest your financial dreams are born of greed. Avoid get-rich-quick schemes, be ethical, never give up, and once you make it, be willing to help others get there too.

To be in touch with me, you may join in my 'open' group which I created as a platform for newbies/novices to learn, share and discuss. Note again ... it is meant for newbies/novices.

https://www.facebook.com/groups/cpteh/

Have a nice day ahead ... and weekend.

TEH

Thursday, June 05, 2014

Stock Watch : IJMPlant(wa)



IJMPlant : If you could see the HUGE volume I highlighted there ... that is a BUY point. It was around RM3.30. At the moment, it is above RM3.80. Using simple technical charting, buying and riding in the trend.



IJMPlat-wa : While I have sold around 80plus cents, I did not monitor her ... and now above RM1. Those who could take the risk, trading warrants could give us higher leverage. Do note that its expiry is end of year ... so, it will move in tandem to the mommy, IJMPlant.

I have created a 'open' page using FB. Do not need to add me as friends. Just request 'join' and maybe I will just add ...

https://www.facebook.com/groups/cpteh/

It is free ... and I will do my promotion(of my stock-watch and trading workshop) there. I will also giving a platform for newbies(especially total new ones who need guidance).

Time to go ...

TEH


Monday, June 02, 2014

Facebook : Friends and Groups




I have been 'busy' deleting those in my FB friends list ... trimmed from 1700 + to 1200 + ... deleted 500 in a week. Those are in my stage 1 --- I can't remember who they are, don't know why they are in my friends list and such.

I am going for stage-2 deleting mode this coming 1-2 weeks ... those whom I used to know, but did not contact for very long (2-3 years). I will drop them a "hi ... how are you?" ... and if no response, I will delete them. Lots of work ... clearing of the dust.

I do have a FB's trading group ... it has been dormant and with only 200plus members there. Well, I deleted ALL of them and closed it. Then, I re-created an open FB page ... named it "CP's Trading Adventure" ... it is to be in touch with my blog readers, sharing with them what I read ... books, magz, articles ... or youtube clips that we could share to discuss. It is more of a learning platform for all ...including the novice me. I will make sure that noises like most forums will NOT be there. So, I will actively manage it ... oh yes, it is not stock-picking page, no so called tips. It is INFO sharing ... example : which brokers giving good rates, their platforms ... offers ... etc etc. Or info about changes in Bursa's policies ... or those RHB's Jewel list ... something like that. Dont  know la ... for education purposes, if I could help some newbies ... why not?

https://www.facebook.com/groups/cpteh/

Click on the link ... and you are welcome as 'followers'.

Thanks and night ...

TEH