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The blog entries do not represent a recommendation to buy or sell. Please consult your financial experts before making any decisions.

Sunday, December 22, 2013

Starting it up

My mom is a fan of fixed deposits and it is understandable since she is almost near her retirement age and hence capital protection is naturally her top priority. However, it is in my honest opinion not a wise investment since the inflation rate will erode her money over time. So I have decided to be her "Fund Manager". Here is the arrangement: She will provide me RM50k as capital and I will give her 10%-capital-protected-annual return. So that is how this fund started. BTW, this fund has a unique chinapek name: Ah Bu's Huat Fund.

Investing is never an easy thing to do and to describe. Some say it is an art while some use all imaginable calculation methods to justify it. For me, it is mixture of both. We can analyse and identify good stocks but the price movement is out of our control. It might take days, months or even years for some stocks to receive some recognition from the market. Along the way we will have to pay some tuition fees in terms of money lost. I must admit that I am not a skillful investor due to repeated mistakes (buy high, sell low; buy on emotion; buy on rumour; etc). But I believe everyone can invest successfully, provided he or she puts in efforts and is willing to learn along the way and also has some lucks too.

So in this blog, I will analyse some suitable stocks and also update the fund portfolio. The fund started officially on 15.10.2013. The current portfolio at 22.12.2013 looks like this:

Financial assets at 22.12.2013

Name
Purchase Date
Purchase Price
Current Price
Unit
Current Value
P/L ex Dividend
Dividend
P/L inc Dividend
Cash
Hle-Broking


24018,02





Stocks
Sunreit
04.10.13
1,39
1,27
5000
6350
-9,1%
89,25
-7,8%
Cypark
22.10.13
2,17
2,43
3000
7290
11,9%

11,9%
Datasonic
19.11.13
8,48
9,91
1500
14865
16,8%

16,8%
Total Stock
28505,00
54,3
%
Total cash
24018,02
45,7
%
Total
52523,02
Current profit
2523,02
5,0
%
Total dividend
242

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