Friday 29 April 2016

A Shift Of Focus...

Some readers of this blog might be wondering: what has happened to Bursa Dummy lately??

This blog has been somewhat "abandoned" since the start of year 2016.

The reason is, I have shifted my focus out of stock market at the moment.

Now, I don't look at real time stock market price, I read less stock market news and I even forgot my stock trading login password at one time!

I don't even check the closing price of the stocks at the end of each trading day.

However, this does not mean that I don't like or don't believe in stock market investing anymore.

I'm still holding lots of shares and might buy or sell if there is a need to do so.

Why are people investing in stock market? To me it's a way to maximize our net worth.

To achieve financial freedom, I wrote before that we need to Earn, Save, Protect & Invest.

I have invested in property and stock markets, and I will continue to do so. Now I'm trying to earn more by doing some business.

That's why I spend less time in stock market, blogging and doing company research.

From year 2008 to 2012, I was doing property market research and viewing subsale and new properties.

After 2012, I just didn't feel it's a right time for me to buy more properties. So I shifted my focus more into stock market in 2013.

That's the time I developed my new investment strategy and became more active in blogging.

Now we are in year 2016. Personally I don't think that it will be a very good year for stock and property markets.

So, I'm thinking of maximizing my earning potential through business venture so that I can have more cash to invest when the time comes.

Anyway, I will still do a monthly summary for my stock portfolio here.

16 comments:

  1. All the best. yes, earn more $ so can have more bullet when time is come :)

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  2. Mind to share how's your business venture going? definitely keen to know more!

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    Replies
    1. Still in early stage. In stock market I can take higher risk but not in business :)

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  3. Isn't it precisely now you should be paying more attention on stocks because there's more opportunities?

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    Replies
    1. Actually I don't think there are lots of opportunities now.. I might come again when the stock market stage a significant correction

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    2. BD, very personal opinion. Market will not have significant big correction in near future like past 2 cycles. Investors and also many company CEOs today learnt from that history and assume the cycle will come soon, lead them to be more mindful and pessimistic.

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    3. It's hard to predict the market :)

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  4. BD,

    According to Value Investing Guru Roger Montgomery, there are only three (3) main ways to attain wealth, i.e. property, business and shares. https://www.youtube.com/watch?v=txoWil8fW4Q

    Hats off to you BD. You are doing what are needed in order to achieve financial wealth.

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    Replies
    1. Angie, I'm not expert in all these even though I have one leg in each of them :) I believe in Robert Kiyosaki's ESBI, I will only do B & I, even though I'm now still in E.

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  5. BD, all the best to your new business venture.

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  6. U know what, if u re for the sake of money then u're stupid.

    The stock market is more than enough to make u rich, n now u re going to diworsifying.

    The god will not bless u

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    Replies
    1. Every roads can lead to ROME, and there are risks in every journey we take.

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