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Advise for an Amateur

Thu, 01 Jan 1970 07:30:00 +0800

Advise for an Amateur

A.a.ron — Thu, 12 Apr 2018 23:46:42 +0800

Hi, my name is Pussydestroyer69 and I am currently 20 years old, going to 21 soon.

I have been interested in investing in stocks, reit and so on since I was 18? I was a uni student during the time studying at KL. All I did was look up at stocks, learning terms, constantly looking to gain more and more knowledge. Just last year, I created a trade account. Invested in my first stock, then another and then another. But of course I didn't take my studies for granted la.

Here's the problem:
1.My knowledge is only of what I found online. What I learnt from forums, youtube videos, online seminars by groups like the Fifth person and even planning on buying books to learn more.
2. I only bought stocks with 100 to 300 shares. Which was all I could afford. I know after brokerage fee it won't be a lot but I always thought of not selling them in a short period of time as I was planning on selling maybe years later? and maybe even buying more as the time went.
3. I am only a fresh graduate with basically no savings and about to start my career with a minimal wage pay of Sarawak. (If you don't know, its not the same as west malaysia, minimal wage here is RM920, which is bloody stupid with the living cost here!!!!)

A good thing is, in that few months, I did earn in 60% of my stocks. Most of my stocks had an earn back of 10-20%. But of course some was in red but not too far off. What I studied in Uni was WAY!! far off from anything to do with stocks. To put it simply, I cooked. Most of my investment are in properties. Due to the recent hit, I was obviously effected. Stupid thing is I knew from last year it was about to happen but I didn't really know what to do about it. Sell it? with the shares I had, I would be at a lost. Wait for it to fall? I completely don't know. Good thing is, they're all going back to normal this very moment.

I am contemplating if it was the right choice starting it this early with the current financial status I'm in. Especially with the current situation in bursa, it has so much potential for undervalued stocks and especially what might happen after the election. I am very excited actually, but I am not sure whether to take my chances and start putting more money into it or wait for the next chance. As I always believed that I should start investing at a young age and let my money make my money for me. I am at a constant debate with myself and I need advice.

What should I do, wait it out? and start saving?..... or start now.

I am an amateur dreaming of one day running my own FnB empire and becoming a successful entrepreneur. I say that with confidence and pride. Please "shoot me" with whatever opinion you might have. Any advice or criticism will gladly be accepted. Thank you so much!

PS. I don't really know which sub topic to go to. I posted this at education but I don't think they would reply. Still quite new.

Investing in stocks at 20?Pls help

A.a.ron — Thu, 12 Apr 2018 23:21:54 +0800

Hi, my name is Pussydestroyer69 and I am currently 20 years old, going to 21 soon.

I have been interested in investing in stocks, reit and so on since I was 18? I was a uni student during the time studying at KL. All I did was look up at stocks, learning terms, constantly looking to gain more and more knowledge. Just last year, I created a trade account. Invested in my first stock, then another and then another. But of course I didn't take my studies for granted la.

Here's the problem:
1.My knowledge is only of what I found online. What I learnt from forums, youtube videos, online seminars by groups like the Fifth person and even planning on buying books to learn more.
2. I only bought stocks with 100 to 300 shares. Which was all I could afford. I know after brokerage fee it won't be a lot but I always thought of not selling them in a short period of time as I was planning on selling maybe years later? and maybe even buying more as the time went.
3. I am only a fresh graduate with basically no savings and about to start my career with a minimal wage pay of Sarawak. (If you don't know, its not the same as west malaysia, minimal wage here is RM920, which bloody stupid with the living cost here!!!!)

A good thing is, in that few months, I did earn in 60% of my stocks. Most of my stocks had an earn back of 10-20%. But of course some was in red but not too far off. What I studied in Uni was WAY!! far off from anything to do with stocks. To put it simply, I cooked. Most of my investment are in properties. Due to the recent hit, I was obviously effected. Stupid thing is I knew from last year it was about to happen but I didn't really know what to do about it. Sell it? with the shares I had, I would be at a lost. Wait for it to fall? I completely don't know. Good thing is, they're all going back to normal this very moment.

I am contemplating if it was the right choice starting it this early with the current financial status I'm in. Especially with the current situation in bursa, it has so much potential for undervalued stocks and especially what might happen after the election. I am very excited actually, but I am not sure whether to take my chances and start putting more money into it or wait for the next chance. As I always believed that I should start investing at a young age and let my money make my money for me. I am at a constant debate with myself and I need advice.

What should I do, wait it out? and start saving?..... or start now.

I am an amateur dreaming of one day running my own FnB empire and becoming a successful entrepreneur. I say that with confidence and pride. Please "shoot me" with whatever opinion you might have. Any advice or criticism will gladly be accepted. Thank you so much!

PS. I don't really know which sub topic to go to. I pretty much still consider myself a student.

Free Duty liquor

A.a.ron — Fri, 27 Oct 2017 00:22:45 +0800

Hi, I would like to know about the basic regulations of purchasing a free duty alcohol.
Can I bring it to other states? Let's say if I am traveling from langkawi to Sarawak or labuan to KL.
What is the age limit?
Is there any documents needed for verification when bringing through custom?
Is there anything I need to be noted on purchasing from free duty shops?
Sorry, I am quite inexperienced in buying from free duties.
Extra:
Anyone knows how much a free duty monkey shoulder cost?
Cause tht thing is a blessing in a form of a whiskey.