As of 31 July 2018, I own the following stocks:
- PANAMY
- CARLSBG
- SAM
- HARISON
- BPLANT
- ICAP
- TAMBUN
- TALAMT
- L&G
My investment strategy:
1)Long-term investment. Don't trade unnecessarily which only benefit your broker. The market will eventually realise the value of stocks.
2)Buy dividend stocks.
3)Diversify. If one sector underperforms the market, not all stocks will underperform.
4)Buy stocks priced < NTA. Even if the company gets liquidated, its assets can backup its shareholders.
So far, I'm inclined towards Adam Khoo's strategy, kcchongnz's methods as well as Fong Siling's style. I rely heavily on i3investor for my stock information, but I feel that comments posted by most users are just noise from speculators. But that's not a bad thing as it can train me to filter out the noise from the market.
One word to describe my portfolio is 'rojak'. (https://en.wikipedia.org/wiki/Rojak) I like recession-proof consumer stocks which pay dividends consistently. They may be more expensive, but they generally provide higher security of capital compared to small cap stocks. Some dividend returns even beat the fixed-deposit rate, i.e. about 4%! I also noticed that price of stocks would increase immediately after announcing increased dividends compared to the previous year. Thus, I purchased PANAMY & CARLSBRG months before their expected date of announcement of dividends.
To me, ICAP is the Berkshire Hathaway of Malaysia, and not BJCORP. The recent surge of PADINI restored my confidence in them. I won't place Tan Teng Boo as the same rank as Warren Buffett but their approach is similar.
As for property stocks, I will continue to hold as they are still below their NTA. I think TALAMT & L&G are improving recently. Overall, I am quite risk-averse and I prefer conservative stocks rather chasing current hot stocks such as JAKS or MYEG. I believe the bear market is only temporary and the klse will recover in future.
"If you fail to plan, you plan to fail." Only time will tell whether I made the right or wrong choice. I'm of the opinion that mistakes made earlier, the better. I'd rather lose all my money now than during my retirement days.
Do you have an investment strategy? Or do you speculate merely by looking at daily stock prices?
*(DISCLAIMER: Please be informed that this article is the writer's personal memo. It is not intended to be investment advice as the writer is not a licensed financial adviser. Please research before buying any stock. Any losses suffered directly or indirectly from full or partial reliance on this article is the sole liability of the reader.)