Thursday, May 29, 2014

Thursday ... 29th May blah blah

No longer going to college ... getting used to my new schedules. School holidays started yesterday ...



Jacky the cat : This is our new 'pet' ... with us for a week now. My girl likes animals very much, and delighted to hv her. Well, I do NOT believe in buying cats/dogs ... she followed me home last Monday, after I have my tuition class. It was around 7pm ... raining and pitiful, I brought her home!! De-wormed the next day ... and a very healthy, playful kitty ...



Just came back from vet again ... a regular 'injection'. So, welcome to Jacky ... addition to our family.

PMetal-ca : Bought 0.215 this morning, sold 23 done. It hit 24 while I am writing these lines.

Monday was a 'blue' due to Thomas Cup ...  I took half day off and went to Mid-Valley to check out the Transformer ...



Trades : Tuesday was a busy day ... yesterday too. Bought Maxis on Monday before ex-div 16cents, sold on Tuesday as it went up 16cents ... so the dividend is free. Trading Petdag third time now ... average Rm24.28 now, and currently hitting RM24.88 .. will sell again and might take 4th trade? Check out Armada as it has not recover? How about Presbhd today, diving to support 1.74 due to bad reports? Grabbed Hapseng which breakout again to new high ... well, I grabbed HapSeng-wa yesterday, actually. Bought back Menang that day, cut-loss yesterday 1.03-1.04 .. and need to focus in trades in hands ...

as I need to go out again ... bring kids for lunch and play. 4pm is my tuition class ... need to be home by then ..

Off for today.

TEH


Mindset ... which are yours?


http://www.policymic.com/articles/89579/the-brains-of-successful-vs-unsuccessful-people-actually-look-very-different


What's the best way to take control of your own life and push yourself against boundaries?

According to Stanford psychologist Carol Dweck, it's all about your mindset. Successful people tend to focus on growth, solving problems and self-improvement, while unsuccessful people think of their abilities as fixed assets and avoid challenges.

Dweck says that there are two basic categories that peoples' behavioral traits tend to fall into: fixed and growth mindsets. This infographic by Nigel Holmes summarizes these differences.




A person with a "fixed" mindset tends to view themselves with static traits and a deterministic outlook. For these people, intelligence, character and creative ability all cannot be changed in any meaningful way, while success is seen as affirmation of those given abilities and traits. The fixed mindset views the human almost like an already-completed spreadsheet, with things like intelligence and personality operating as unchanging, fundamental characteristics. Thus, "striving for success and avoiding failure at all costs become a way of maintaining the sense of being smart or skilled."

A person with a "growth" mindset, on the other hand, sees challenges as things to overcome and views failure as an opportunity for growth and personal development.

In the end, Dweck says, how we approach life can determine our success and happiness. She writes her "research has shown that the view you adopt for yourself profoundly affects the way you lead your life. It can determine whether you become the person you want to be and whether you commit to and accomplish the things you value." Going into more detail, Dweck argues the following:

"Believing that your qualities are carved in stone — the fixed mindset — creates an urgency to prove yourself over and over. If you have only a certain amount of intelligence, a certain personality, and a certain moral character — well, then you'd better prove that you have a healthy dose of them. It simply wouldn't do to look or feel deficient in these most basic characteristics.

"... There's another mindset in which these traits are not simply a hand you're dealt and have to live with, always trying to convince yourself and others that you have a royal flush when you're secretly worried it's a pair of tens. In this mindset, the hand you're dealt is just the starting point for development. This growth mindset is based on the belief that your basic qualities are things you can cultivate through your efforts. Although people may differ in every which way — in their initial talents and aptitudes, interests, or temperaments — everyone can change and grow through application and experience."




read more .... and listen again and again about GRIT



Growth MINDSET

TEH

Wednesday, May 28, 2014

Be educated



Dear Angry Graduate,

Your rant about the cost of higher education might be the best indicator of why you are finding it so difficult to get a job. Your lack of understanding of the role of education, the assumption that education guarantees you a job, and the idea that education somehow causes bubble economics shows that you are sadly mistaken. You managed to get a degree but failed to become an educated person.

Education is a dialogue between teacher and students, student and student, academy and the world. We focus on qualitative measures of meaning, purpose, relationship, art, thought, and belief. We value person and life as who we are, not what we do. Our goal is to shape the way we think, looking beyond the superficial gains of power and influence to see consequences and effects on the meaning of being human. Education acts as a check and balance system to political and corporate greed and corruption. Education strives for greater equality as it measures success by ideas and expression rather than method and production. It fosters intelligent leadership through critical thinking. It demands self-reflection as a motivation to evaluate and change, and offers a spectrum of knowledge that becomes a laser of invention and creativity.

It is an expensive proposition. You want to know where your measly $16,000 a semester went? It went to the library to help pay the $500,000--$1 million a year bill for online data services that allow you to stay in your room and explore the world. It went to the $2 million electric bill and the $3 million water bill. It paid for security, secretaries, equipment, maintenance, improvements, food services, internet access, books, furniture, gym equipment, student services, and cleaning services. There is still the small issue of salaries, insurance, seminars, speakers, labs, student workers, support services, and research.

I, like many others who work here, receive marginal salaries. I work three jobs to pay my bills. I live a simple lifestyle, and I have little money in reserve. But I believe that the good of society and the potential of my students are worth the investment and the gift of my life. Education is not free and it is not easy. Contrary to the opinions of some students, college is not about how much one can drink, and party, and play games because no one is there to tell me otherwise. Education is about responsibility, picking courses and professors that help you, and engaging the world in a dialogue about how we can achieve the highest expressions of what it means to be human. If you failed to realize that and if you failed to take advantage of what was right in front of you, that is not the fault or failing of higher education. If you wanted an education that promised a job, you should have gone to trade school.

So, grow up. Realize how fortunate you are, how much you have learned, and if you are as smart as you think you are, prove it. Engage the world and make a difference. If nothing else, help the next generation learn so that we can still offer the hope of a better world.

A Dedicated Professor


Stock Watch : PetDag

PetDag ... a no-brainer for anyone to grab ... during cheap sales.


Alerted to my group ... to buy below RM24, in fact some bought at RM23.50 and below. Today, it moved above RM24.

At the moment, it hit high RM24.78 ... at RM24.50. Can still buy ... but RM1 dearer ...

To break the retailers-mentality of RM23 plus counter is 'expensive' could be challenging as many prefer Rm2.30 or better ... 23cents counters. Hmm ... I don't know, i do know that RM23 or RM2.30 is relative ... unless the 23cents counter goreng-ing up due to some goreng-news.

Do the Math.

TEH

Waterfalls to watch




Affin : Has been dropping and ... at new low. Right-issues( 3:10) to buy Hwang? Why is it dropping? Hmm ...


Read the recent announcement in bursa-site.


Airport : RM7.90 resistance ... why is it dropping? due to the delay? AirAsia ... after merajuk, agreed to move to KLIA2. The 'safety' is questionable, posted all over social-media.




Armada : Diving sharply down ... and I bought it. Phew ... luckily it shown long-tail hammer ... reversal is possible today. Sell RM3.85 level.



This is the quarter-report of Armada ... ok ma, still got profits. Unless AK selling?


Maxis : Why is there a drop here? Is it because it is also AK's counter? Today should be the ex-div date ... dont know why huge selling yesterday, I just grabbed it. Heard someone mentioned about changes in their dividend policies ... and investors afraid that their dividend payout may not be as good? Hmm ... don't think much, buy first ... take the dividends, talk later.

Cohort 12 : well, I have been too busy to answer some of the e-mail regarding my next trading workshop. I have created a KIV-page. Those interested, let me know ... as I still need time to plan.

e-mail to : cpteh@yahoo.com

Time to go ... off

TEH


Monday, May 26, 2014

We lost ... monday blues ...



http://www.nst.com.my/latest/badminton-japan-win-maiden-thomas-cup-title-1.605008

The guys played well to be in the final ... but fell short ... and the high expectation of Darren(ranked #66) to win the 3rd single was high ... at least he pulled a set back to run into rubber.

Well done, Malaysia.

TEH

Saturday, May 24, 2014

We are in the final




Malaysia beat Indonesia tonight ... 3 - 0 ... and what a great feeling. I was at mamak-stalls watching the game, with majority sitting there watching were Malays. We shouted and supported our team ... MALAYSIA.

The players are Chinese ... Rashid was there. Many Malaysia's supporters in the stadium are Malays, holding proudly our national flag. We are together as one --- for the love of our country, in the name of sports. It unites us all ... as we are all MALAYSIANS. We all do not see colours of our skins or speak about our religions. We are truly simple Malaysians who supported out country, our team.

I was so glad when Japan beat China. You see, I am not a Chinese ... I am a Malaysian first. So, when China lost ... I was delighted, hoping Malaysia will be able to beat Indonesia. Our boys did just that ... and we won.

Note : I bought many sets of the above set of stamps. A special issue --- the last time we won the Thomas Cup. 1992.

The Sidik brothers ... Foo Kok Keong, Cheah Soon Kit, Soo Beng Kiang and Kwan Yoke Meng.

Great memories ... bring it back, boys!!

Congrats to our team and all the best on Sunday.

TEH

Thursday, May 22, 2014

Today's trade : Lucky day




AirAsia : It is a SELL call at RM2.55 today to my stock-watch group as entry was given at RM2.20. Well, whoever chasing high today at RM2.55 are exposed to such high risk.



Yinson : It's -OR trading the third day, flying up ... and high volume shown yesterday. So, this morning I just grabbed around RM4.90. What a jump!! I sold RM4.98 hours later. It closed so strong at RM5.10. wow.


PetDag : Sold RM23.90 and RM23.92 ... a member able to sell at RM24(wow ... that is the top leh). Then, it dived again ... grabbed back.


Ecoworld : Finally moved ... and very fierce. Sold part and will sell all RM 5.40. Thanks




Menang : With such a name, one would not lose. grabbed morning at RM1.02-RM1.03 and added RM1.05, but due to busy day ... I parked to sell RM1.06 and it was done.





Airport : Sold RM7.56 done ... thanks.

Nice trading day ... my lucky day tho I was busy with Rentokil-man, invigilation, tuition and discussion with my partner.

Thanks

TEH

Thu 22-May

KLCI is bullish again after 2 days of retracement. DOW was down 100plus points ... now up back 100plus points. We are seeing new HIGH being made ... and KLCI 1888 high still very nice to break ... seeing 1900 now.

PetDag : Sold part at 23.92 done moments ago. Will sell to move to Yinson.

AirAsia : Reaching 2.55 now(sell).

Yinson : My trades for today ...

will be back.

TEH

Wednesday, May 21, 2014

Stock-watch : PetDag



PetDag ... what is going on?


http://www.thestar.com.my/Business/Business-News/2014/05/07/PETRONAS-DAGANGANS-SHARE-DOWN-FOLLOWING-WEAK-Q1-RESULTS/


Grabbed. First time trading her. Too heavy leh but few of my members bought(lower than me somemore). Now back to RM23.70 ... we bought around RM23.20-RM23.30. Crazy ...

Good luck to me ... got to visit Petronas more often, buy their products.

TEH


Aviation II : Trading Idea

This sector is in play at the moment ... plenty of news about MAS ... some potholes news on Airports ... the 'merajuk' AirAsia shifted to KLIA2, anyway ... CF given, so should be FIT? Hmm ... this Malaysia-boleh 'low cost' airport costing so much of delayed and the cost ballooned(doubled!!) ... and I read that it is a 'shopping haven' for branded items. Welcome to Malaysia ... low-cost Airport.


Airasia rebounded from RM2.20 ... this is a weekly chart of AirAsia. Immediate resistance at RM2.40, so for those bought at RM2.20, I see it as time to take profit. Next resistance at RM2.55 ... sell around RM2.49.

AirAsia-c11 : This is the call-warrant I bought and few punters followed. I bought 'small' but managed to sell at 15cents. It hit 16cents. I told the group I will sell 15cents, and even told some during my e-meeting last night that I am selling at 15cents. It was done moments ago. Premium around 5% and long expiry, actively traded ... if we are confident that the mommy AirAsia will take off ... we could leverage on the CWs.

Note : Call warrants trading carry very high risk. Do not touch if you are newbies in markets.

MAS hitting 17.5 cents today ... suddenly the rumours of privatization (by Syed again??) is spreading around. Why would anyone buy losing-money company? Well ... remembering Proton? It shot up so high .... taken by Syed. So ... he is buying Malaysia's assets ... great biz-man.



Previously known as MAHB ... private placement RM7.90?

http://www.freemalaysiatoday.com/category/business/2014/03/05/mahb-gets-rm980m-to-fund-acquisitions/

Airport : I bought yesterday at RM7.42 first ... then bought more at RM7.20, RM7.30 ... sold my RM7.20-7.30 portions at RM7.39, it went to RM7.40. This morning, I sold my RM7.42 portion at RM7.47 ... and might be buying back.

http://www.malaysiaairports.com.my/

DOW dropped 130 points ... I am wearing 'pink' but FKLI in green ... I shorted it and waiting for it to drop but KLCI memang boleh, cheapest around, I guess.

I will reply to some e-mail I received yesterday regarding joining my trading group. Thanks.

Time to read ... for my UT exams.

Note : Thanks to a read who e-mail me the data/statistics and shown me performances of UT in Malaysia. He is into UT selling too ... well, tho I believe we all should manage our own money, rather than paying fees to UT agents and management fees ... there are still many out there who prefer their money is in safe platform ... thru UT.

Have a nice Wednesday.

TEH

Tuesday, May 20, 2014

Aviation : A risky sector to invest




MAS reported yet another BAD results ... well, it is a norm for this public-listed company.

MAS ... they can blame it on AirAsia. Perhaps, put the blame on recent MH370 crisis ... or, perhaps can blame it on the rain?


Some ministers came out to shout that the gov not going to bail them out this time. Hmm ... I do wonder what is the drama now. The CEO who supposed to step down ... still hanging dearly to his position? Bring back Jala to give them the net?

It dived to 15 cents yesterday ... I bought at 15 cents. Interesting ... I sold 16.5 cents today.



I am not sure if that will benefit AirAsia ... but AirAsia bottom out from strong support at RM 2.20, which I posted to my stock-watch group(I bought AA call warrant instead). Some members bought RM2.20 ... but those punting-kaki followed the CW.



Today, I was very busy ... but managed to glance at Airport. It is collapsing. What is going on in KLIA2? The over-valued cost ... RM4bil? Oversold ... so, I grabbed.



The one that doing well today is AAX ... yeah, memang boleh. Bad reports will can shoot so high. Distributions?



Brahims ... the naked nasi-lemak provider is falling too ... if MAS is to go bankrupt, who will be buying their over-charged naked nasi-lemak, right? They need huge sucker like MAS ...

as only in MAS ... we do not follow system. Mana Ada Sistem ...

oh yes, I could think of another scapegoat ... Malindo. No no ... blame it on Ukraine-crisis. Hmm ... whatever ... I shared with my group last Sunday Night about MAS vs AirAsia.

If you wish to join my stock watch group, do e-mail me ...cpteh@yahoo.com

p/s : I have replied to most of those wrote in to join, but if I missed replying any .. please alert me again.

Thanks

TEH


Sunday, May 18, 2014

Charitable cause ... for kids



http://hiichiikokfoundation.com/

This is a link to Hii's charity foundation. He is Segi Group's bozz.



One of the reason for me to 'drop' my full-time job is to have TIME ... personal time to get to know charitable organisations and foundations where I could contribute and be part of them. Yes, I will be volunteers ... besides setting up my own funds. I am more into orphanages and education for poor kids.


I do hope I could set-up a group of volunteers ... those who wish to contribute, and reach out for those least taken care off.

Donation needed : Books, Toys, Clothes.

I am going to adopt few orphanages for coming years, and learn how to run a home.

This is another thing close to my heart.

TEH

Unit Trust agent

Good morning ... nice to know it is Sunday today. I do still have a tuition class today. Normally I will try not to have classes on Sundays but next is going on, and it will be 'temporary'.


Received a parcel yesterday ... yes, I will be taking this exam next month. I will be UT agent!! Yeah ... well, those who wish to know more about investment in Unit Trust and also using EPF to invest could contact me.

As after July, I will be 'jobless', this agent-licence will give me an alternative to earn 'extra'. Will see if I could learn some 'sales' skills ... which not in me. Yeah ... I am just a teacher, I do not know how to sell myself ... but, I will learn?

Wish me luck ... haha.

Have a nice Sunday.

TEH

Saturday, May 17, 2014

Dairi seorang suami ...



30hb , suami dapat gaji RM3,000.00 terus buat internet banking bayar bill air Rm30.00, bayar duit rumah Rm700.00 bayar duit kereta Rm700.00 , bil telephone suami dan isteri Rm200.00 , bill elektrik Rm170.00 , ansuran motor Rm150.00 dan yuran tuisyen anak Rm150.00 ..serta menukarkan Rm150.00 duit pecah seringgit-seringgit untuk belanja sekolah anak anak untuk sebulan...lalu berbekalkan duit baki Rm750.00 balik kerumah jemput isteri dari tempat kerja..terus di sambut ngan isteri satu soalan " ari ni hari gaji abang kan??..jom pergi beli barang dapur byk dah habis sambil bawak bebudak makan luarlah mlm ni sebab I tak laratlah nak masak ari ni... bebudak pun esok hari sabtu cutikan?" Suami mengangguk lemah terpaksa setuju demi anak dan isteri.

Sampai di rumah disambut pulak dengan anak yang bongsu " Ayah cikgu adik cakap hari isnin cikgu nak RM20.00 untuk beli baju sukan yg baru." Isteri spontan menyampuk " mintak kat ayah..ayah baru dapat gaji..sambil anak yg sulung pula mencelah .." ayah kakak pun nak duit Rm 30.00 hari Isnin untuk beli buku rujukan dah dekat nak peperiksaan ni"..Si suami terus mengeluarkan Rm50.00 untuk anak bongsu dan anak sulong ..

Kemudian bila selepas magrib berangkatlah anak beranak ke kedai untuk makan dan berbelanja barang dapur dan sebelum itu suami singgah isi minyak kereta Rm50.00 langsung ke kedai makan dan makanlah anak beranak tersebut dgn bil makan berjumlah Rm50.00..Setelah itu langsung pergi berbelanja barang dapur dgn jumlah Rm 250.00 untuk barang kering dan Rm 50.00 untuk barang basah..

setelah semuanya selesai pulanglah keluarga tersebut kerumah dengan suami hanya tinggal gaji yang baru dpat pagi tadi sebanyak Rm300.00 sahaja.Maka tidurlah si suami dengan mata yang terkebil kebil mengenangkan baki duit yg tinggal hanya dalam beberapa jam sahaja dapat gaji tadi..

Keesokannya, pagi Sabtu isteri suruh si suami belikan roti canai untuk sarapan pagi...suami pun pergilah beli dengan modal Rm5.00 dan surat khabar Rm1.50.. manakala menjelang petang si isteri dan anak anak ajak suami jalan jalan di pasar malam Jalan TAR sempena malam minggu...si suami ikutkan jugak dlm keadaan dilema bagi menjaga hati isteri dan anak anak. Terpaksa tambahkan lagi minyak kereta sebanyak Rm30.00 ..

Sesampai di jalan TAR si isteri berkenan dengan tudung bawal berharga Rm15.00 mintak dibelikan..suami pun keluarkan duit bayar..kemudian bila ke depan sedikit bahagian pakaian kanak kanak pula nampak baju tidur anak anak yg berharga Rm15.00 sehelai..isteri pun selamba kata, "bang baju tidur bebudak ni pun dah lusuh..belikan diorg yg baru ni.murah jer Rm15.00 hingget"...Suami keluarkan lagi Rm30.00 untuk baju tidur anak anak.

Lalu terus pulang ke kereta untuk balik ke rumah bersama sama..tetapi dalan perjalanan nak pulang anak anak merengek dahaga dan lapar lalu minta singgah di kedai makan untuk makan malam...Sang ayah kesiankan dengan rengekan anak, singgahlah di kedai makan tomyam dan makan dengan membayar Rm30.00 lagi..Jumlah keseluruhan baki yg tinggal selepas 48jam dapat gaji ialah Rm188.50.

Keesokannya hari Ahad...isteri suruh pergi kedai pagi pagi untuk belikan santan dan sedikit ikan bilis untuk masak nasi lemak sebagai sarapan pagi...suami modalkan lagi Rm7.00 dan Rm1.50 untuk suratkhabar...tinggallah duit gaji genap Rm180.00..Malamnya pula beri pada isteri Rm150.00 untuk belanja makan dia di pejabat atas dasar nafkah kepada isteri tercinta...

Maka bermulalah pagi hari isnin si suami dgn berbekalkan modal baki gaji hari jumaat kelmarin sebanyak Rm30.00 untuk isi minyak motor dan makan di pejabat..serta menghitung hari lagi untuk ke 30hb yg akan datang samada sampai atau tidak??....selang seminggu selepas itu pada hujung minggu isteri ajak balik kampung melawat ibu ayah di kampung..suami katakan tidak.ada modal...lalu isteri menjawab dengan sinis "kalau ajak balik.kampung saya jer takder duit...kalau ajak balik kampung saya jer abang kata takde duit...mana pergi duit gaji abang selama ni....takkanlah seminggu gaji dah tak berduit...abang ada pompuan lain ke??" Terpinga pinga suami. Nak di jawab jadi perang...nak di ceritakan yang sebenar nanti disalahkan balik.

diperolehi dari FB Usamah Hishamuddin

-------------------------------------------------------------------------------

Good morning ... I was checking my FB status while doing my morning-biz. It is interestingly written, so I shared with my wife when we were having breakfast at home. Usual bread ... peanut-butter, while kids still zzzz ... I was a little rushing for my 8am Saturday morning tuition class. I am teaching them Vector Spaces this morning.

I reminded my wife how we have struggled financially ... and went thru hell of days ... weeks ... months ... years ... bringing up our two young babies in such tight situation. MONEY was never enough ... certainly I have to swallow my pride when being looked down, and 'avoid' functions ... meeting people. It is kinda difficult situation to tell others that I am a lecturer but ... I am lowly paid(my net-income in Sabah was RM3200 after minus-ing the EPF etc).

So, have you read the nice sharing of a typical wage earner's dairy?

I was in his shoe ... and worst off merely 5 years ago. Unbelievable ... how should I start?

"30hb , suami dapat gaji RM3,000.00 terus buat internet banking bayar bill air Rm30.00, bayar duit rumah Rm700.00 bayar duit kereta Rm700.00 , bil telephone suami dan isteri Rm200.00 , bill elektrik Rm170.00 , ansuran motor Rm150.00 dan yuran tuisyen anak Rm150.00 ..serta menukarkan Rm150.00 duit pecah seringgit-seringgit untuk belanja sekolah anak anak untuk sebulan...lalu berbekalkan duit baki Rm750.00 balik kerumah jemput isteri dari tempat kerja..terus di sambut ngan isteri satu soalan " ari ni hari gaji abang kan??..jom pergi beli barang dapur byk dah habis sambil bawak bebudak makan luarlah mlm ni sebab I tak laratlah nak masak ari ni... bebudak pun esok hari sabtu cutikan?" Suami mengangguk lemah terpaksa setuju demi anak dan isteri."

As I mentioned, my salary teaching full-time in Sabah was only RM3200 net. Kancil was RM550 per month, rented a house RM650, water + electricity was RM150 per month ... kids was still baby (3 yrs old boy and 1 yrs girl) but they needs Sustagen, lampin ... food? That should be around RM150 too. With credit-cards fully utilised and paying the 'minumum' required ... I am certainly in tight situation. Waiting for end-month, I will bring my wife n babies to have a nice Sunday lunch at a Taiwan-restaurant near Melinsung Beach. That was about RM50 per month. (a big ouch then). Yes, only once a month 'feast' ... but I do still feel the pinch.

"Kemudian bila selepas magrib berangkatlah anak beranak ke kedai untuk makan dan berbelanja barang dapur dan sebelum itu suami singgah isi minyak kereta Rm50.00 langsung ke kedai makan dan makanlah anak beranak tersebut dgn bil makan berjumlah Rm50.00..Setelah itu langsung pergi berbelanja barang dapur dgn jumlah Rm 250.00 untuk barang kering dan Rm 50.00 untuk barang basah.."

Petrol ... for my bike + Kancil comes to about RM150 per month. We do not travel much ... and I shifted nearby school so that I could sell off my bike and walked to school. It was a wise choice ... and I could slowly see how I am becoming more financially wise/mature. I have dropped all those un-wise way of using money ... and learnt more and more about MONEY ... finances, in general. I remembered I placed a budget of RM50 per month for buying books ---  anything related to investment, trading, money-idea, wealth creation, motivational, goal setting and such ... seriously, I hv such a huge good collection after 8 years. These days I will just grab whatever books I like(still relating to finances) and keep as collection(some still un-wrap).

Household ... we will go to "Survey" to buy monthly household items ... it is cheaper there comparing to many. So, we will always buy during sales ... and plan the budgets. Kering or Basah ... it comes up to about RM300 per month(or more, I think). Onions, Maggi mee, cili-sauce, butter ... u know those items. It is small amount ... adding up, it is huge for a RM3k wage-earner. RM300 is 10% of my salary.

"setelah semuanya selesai pulanglah keluarga tersebut kerumah dengan suami hanya tinggal gaji yang baru dpat pagi tadi sebanyak Rm300.00 sahaja.Maka tidurlah si suami dengan mata yang terkebil kebil mengenangkan baki duit yg tinggal hanya dalam beberapa jam sahaja dapat gaji tadi".

I could not sleep .. I do not sleep much. I will be busy LEARNING about stock-markets, very diligently reading about terms/definitions that I could not understand. I will read many broker reports which I could not comprehend. I seen NTA, CAGR ... err ... MACD? I will be blurred ... forwarded PER of 13x, target prices vs fair value ... gosh ... by the time we listen CNBC or Bloomberg, we wonder why are they talking non-stop about the FED ... QE ... and how it affects the LionInd stock you have just bought? The stocks moving lower ... it is 2008 ... 6 years ago, stock is tanking ... sub-prime crisis which I could not even know how it is going to hit me. And it hit me real hard ... ouch. I borrowed the money to start ... and lost.

With no balance in pockets after the first week of 'salary is out', I know I have to stand for another 3 weeks ... I do not even dare to tell anyone. Sigh ... but, I never give up in learning ... and I started to give tuition, day and night ... weekends.

Seriously ... I really don't know how strong I could be ... till I was put in such a situation. No money in bank(huge debts, in fact) ... with two young babies to feed ... and failed in my 'keropok biz' ... lost some friends along the way, as I struggled to find some footing in what I want to be ... financially good.

Things reached to a point ... where I was so down and stressed. I will never want my wife and kids to 'suffer' simply because of my low salary ... couldn't keep up with the cost-of-living. Tuition classes increased then ... and time for me to go to next level ... BACK TO KL.

"Keesokannya, pagi Sabtu isteri suruh si suami belikan roti canai untuk sarapan pagi...suami pun pergilah beli dengan modal Rm5.00 dan surat khabar Rm1.50.. manakala menjelang petang si isteri dan anak anak ajak suami jalan jalan di pasar malam Jalan TAR sempena malam minggu...si suami ikutkan jugak dlm keadaan dilema bagi menjaga hati isteri dan anak anak. Terpaksa tambahkan lagi minyak kereta sebanyak Rm30.00 .. Sesampai di jalan TAR si isteri berkenan dengan tudung bawal berharga Rm15.00 mintak dibelikan..suami pun keluarkan duit bayar..kemudian bila ke depan sedikit bahagian pakaian kanak kanak pula nampak baju tidur anak anak yg berharga Rm15.00 sehelai..isteri pun selamba kata, "bang baju tidur bebudak ni pun dah lusuh..belikan diorg yg baru ni.murah jer Rm15.00 hingget"...Suami keluarkan lagi Rm30.00 untuk baju tidur anak anak".

I do not buy newspaper ... but in weekly basis, without miss ... I will buy The Edge(it is RM6 in KK). As the paper costing me RM6 ... it is a pinch for me, more reasons for me to read ALL the pages, getting my money worth? I read and read ... tho I could not understand most of the things I read about. How the piece of news affecting the stocks? Yeah ... my wife does not get to buy any new clothes ... and my kids do not get toys much.


Er's first expensive toy

Recently, while clearing my kids' toys to be donated to the toy-bank, I found this obougtne ... a simple RM30 toy which I bought for Er when he was 2(6 yrs ago ... RM30 is the most expensive toy I bought him). I decided to keep this toy ... and will display it on my working desk, to remind me ... how touching was it that I rushed back to City-Mall to buy this toy as he was 'crying', wish for the toy. He is not a spoilt brat, he never cry wanting toys ... that was his first time, yearning to have the toy, but daddy does not have RM30 in pocket, ok?

"Keesokannya hari Ahad...isteri suruh pergi kedai pagi pagi untuk belikan santan dan sedikit ikan bilis untuk masak nasi lemak sebagai sarapan pagi...suami modalkan lagi Rm7.00 dan Rm1.50 untuk suratkhabar...tinggallah duit gaji genap Rm180.00..Malamnya pula beri pada isteri Rm150.00 untuk belanja makan dia di pejabat atas dasar nafkah kepada isteri tercinta..."



Home-made bread by wife

Breakfast has been bread + butter and milo back then ... and now, we do still have bread(but my wife will home-make it ... bought a bread-maker ... so, she will add raisins etc etc), I do still hv usual peanut-butter, kids like strawberry jam(wife will make sure it is not China-made ... prefer from Europe) ... and we have 'better' breakfast now ... I do not have any $$ to give my wife any ... but when my tuition classes increased, I gave her RM200 per month for her daily uses back then. She is not working .. and use the money to buy for kids(mom's love) items such as books, clothes ... food. Now, she no longer feel stress on money ... and Lazada, Mydeal .. Groupon etc etc becoming her weekly shopping place. Ouch.



The lessons I am sharing here was my own situation. Not only I was lowly paid, I was LAZY ... I was IGNORANT ... I was EGOISTIC ... I was IDIOTIC(money sense) ... and I have ZERO knowledge about money!! I was NAIVE ... financially IMMATURED ...

With RM3k salary, I knew I could not survive ... tuition classes in KK giving me extra RM2k plus. I was surviving ... but I will still not able to clear my debt? Never will unless I do something about it ... and took the pledge : Go back to KL ... learn skills in trading/investing ... give tuitions ... clear debt ... and save save save.

It will be lengthy if I want to write in details of my struggles ... and how I used it to propel myself to do better. If I am to be 'interviewed' one day ... HOW do you make such a change in your financial? I will answer ...



MINDSET.

Without the right MINDSET ... the right ATTITUDE ... hard-work and perseverance ... nothing good could be achieved. And without PASSION ... everything will be a drag. Without a GOAL, we do not have directions. Without KNOWLEDGE, we will be lost and talking non-sense.



If I could start at age of 40(married at 38 without a dollar but debt all over) ... anyone that start at age 35 will be doing much better than me. If you are at age of 30 but wise/mature financially ... you will be well-off financially by age 45. It takes time ...

I hope I could motivate or inspire anyone who is following or reading my stories. Even only a single individual ... imparted some drive inside you, I will be glad to share more.

I will be sharing more stories ... example : how I was wearing RM20 shoe to college when I was with Inti Sabah and wore it for 1-2 years ... then, upgraded to RM70 shoes merely 3-years ago. Today, I m ok with wearing a "Camel" as it could protect my feet and giving me the comfort. I will maintain frugal ... and humble.

That is me  ... a teacher in me!!



Happy Teacher's day to myself.

p/s : Thanks to so many people who wishes me thru e-mail, sms, FB and in person ... I am leaving full-time teaching, but I am still very much a teacher-in-heart. I will continue to give Math tuition and teach trading.

TEH

Thursday, May 15, 2014

Let the profits run ...

Morning ... it is relaxing in the morning these days since I do not teach in morning anymore. I did not go for jogging today, a rest day after I jogged yesterday. Yes, I am taking up 'running'.


I have started two weeks ago ... yes, MAY 2014. I supposed to start in Jan 2014 ... you know, the new-year mood of resolution. Bought this running shoe(at 30% discount) and determined to run ... but was too busy(excuses) ... and now, as I am retiring from my full-time teaching job, I could spend some time jogging with my wife. It is something I want to do ... since I am back from KL 4yrs ago.

I am targeting to finish (complete not compete) 10km run ... I started 2 weeks ago, not able to finish 100m without losing my breath or stop? Yesterday, I ran 200m without stop ... and increased the pace!! Still hard to catch the breath ... and really need to work on my large tummy. Lots of hard-work to be able to complete 1km without stop? Well, I do hope I have the WILL power to carry on the challenge ... but that is how I start in anything. Take it slow ... do 100m first ... then slowly increase the pace, the distance ... by next week I should be doing 300m?

Ok ... lets talk about trading : Lets the profit runs --- easier said than done?

One of the many mistakes we do ... as ikan-bilis traders is to SELL TOO early. This is a common mistake and it happens to me again and again ... so, I guess it is matter of discipline?

Well, if we are confident on a trade and a counter, we should NOT diversify. Buy in stages, buy hugely ... sit tight and wait for the it to recover ... and let it runs.

So many of our stocks move higher and higher ... as we sold way too early. And few more under-performing counters in hand, we should sell under-performing counters and buy more into the winners and let it runs ...


Example : I do traded CBIP few times ... and the first time I grabbed her was after it breakout of RM3 ... my average was RM3.05. Today, it is RM4.50 ... it hit RM4.75 levels. While I am confident that it will continue to move higher from the breakout RM3 level, I did not BUY in huge quantity and WAIT patiently. Currently, the CBIP chart is not nice ... H&S might be forming, if RM4.40 broken, time to take profit or cut-loss.


Presbhd : I bought at RM1(before ex) and it went to RM4. I sold a day before ex. Then, waited for it to be down ... and it did. SHARPLY. So, on Monday ... I told my trading-group to look at Presbhd and BUY in stages. Yesterday, it rebounded sharply and I sold part. Today, I will hope to sell all. I have traded Presbhd so many time from RM1(now should be at 50cents) ... and IF only I could hold from RM1 to RM4? They even give good dividend along the way. WHY not let the profit to run and hold? Right?

That is difference between investors and traders. When it is reaching the resistance and at overbought level, traders will SELL. We need to sell ... in order to release the funds, and move into something that might satisfied our set-ups/trading plans.

For investors, the noises of up-down won't bother them much but buying into an under-valued stock is only logical, while patiently waiting for the stock to be recognised, and only to sell the stock if it is over-valued.

No right or wrong, we just need to get our strategies right ... and work on that. We need to grow, to be more matured and continue to learn from our mistakes.

As I have told many(all?) that I am just a novice in KLSE(6 years so far), I still have long way to go ... to listen to many experienced traders/investors ... learn some skills from them and try to apply them. Yes, I do many trial-n-error

I could give many more examples ... but guess

Wednesday, May 14, 2014

DOW at new high

As DOW hitting new high .... KLCI is bullish at the moment ... up about 10 points just now.

We are seeing 1900 soon ... is it still SELL in MAY and GO away?? Hmm ...


Nice bull ...

Just came back from jogging ... and watching KLCI charging ... what is moving?

TEH

Tuesday, May 13, 2014

Look Up ... and Live Life






"Generation of idiots,smartphone and dumb people"

A good reminder to myself to leave my FB and my Blog ... while I am moving back closer to my family ... my wife, my kids ... my aunts and mom ... my sis/bro ... they are real.

If there is someone out there wish to be my real friend, you are welcome. Not thru forum or chat in some virtual spaces ... but to have a drink and talk about similar goals or just about trading, I will be making myself available.

I am looking for friends ... who have wish to get involved in doing charity ... and I will love to get a REAL group ... setting up and getting involved.

Get REAL.

TEH

Monday, May 12, 2014

Monday Blues ...

EPL is over .. Man-Blue is giving me the blue ... otherwise, Monday should be a good day for traders like me. After doing 'homework' over the weekend, we will anticipate market to re-open ... so, Monday is good.

Cuscapi : Managed to sell during opening 40.5-41cents as it was written in The Star paper over the weekend. Well, I grabbed 38cents last week.



Presbhd : Dropping further another 4% to support 1.74 now ... buying. I sold it before ex-bonus ... phew. Opportunity to buyback ...

Ecoworld done a stunt today ... hit RM4.98 and then dived back to RM4.68 ... wow, 30cents spread. A good counter to day-trade.


Brahims : With VMY2014 tak jadi ... and un-solved MH370 case ... I won't touch her. Support RM2.04 here ... now at 2.08, dropping about 5%. wow.

AirAsia was at support RM2.20 ... so, it shown rebound today ... could it sustains and shoot above RM2.30?

KLCI is red ... FKLI is green. Don't really understand Malaysia-boleh indices.

My daily schedules will change ... so, I will able to find more time to blog since I 'dropped' my full-time job.

TEH


Liverpool is #2





It has been a great season ... the 'slip' against Chelsea at Anfield was the painful turning. They needed a DRAW and to win the remaining two games ... and they will be 'untouchable' ... then, slipped further with a THREE goal advantage ... they lost 2 points there. Trailing by a goal in first half, they managed to crawl back ... to win vs Newcastle ... 2 -1 but it is too late as ManCity has won. Congrats to City.

The amazing climb by Liverpool in 2014 was fantastic ... the triple S are awesome to watch, and with Coutinho ... they are very young striking force!! They best around ... so, now they need a strong midfielder to replace Lucas, while Gerrard will be sitting more at the back.

Their weakness is obvious ... the defence. Terrible ... to concede 'easy goals' and lacking in height/pace/strength. Carra is sorely missed here. I remembered Finnan, Risse ... Carra and Hyppia. Those was one of the best defence formation of recent Liverpool.

BR is doing good ... given time(and money), he should bring Liverpool back to the glory days.

YNWA

TEH

Saturday, May 10, 2014

Change is the only constant





It has a 'comfortable' 20 plus years being in teaching line, teaching A-level/STPM/SAM students ... and now, moving out of the employment (E quadrant) ... making me feel 'uncomfortable'. Yes ... moving out of our comfort zone ... we will feel insecure ...

What "E" could provide me? 

Well ... being an employee ... a teacher/lecturer of  private colleges (was with Stamford, Inti KK, Sinaran and now Taylor's) ... we have a FIXED salary. While the salary is 'low' comparing with many other lines, teachers normally will need to find part-time job ... giving tuition. Some colleagues of mine selling UT or involved in some direct-selling. As I love my teaching, I certainly liking to give tuition as my part-time income. 

Taking the salary + tuition, the income is quite decent. 

We do have yearly increment ... but very minimal. It won't really able to catch with higher cost of living(inflation). With my salary hitting the ceiling soon(my category ... B.Sc without Master), I may not get anymore increment in years to come unless I get a 'promotion'. I am a person who does not believe in "promotion" as it meant getting Masters and doing more paper-works etc etc ... which will be taking away my real passion ... teaching. So, over the years of teaching, I am never being promoted. I will tell the management directly to leave me alone, I want to teach. Nothing much. 

Being an employee, we will be given "EPF". This is another important point WHY majority wanting to remain as employee ... so that we could get about 20% of our salary in our 'saving for old age' account. EPF rates of 5-6% is deemed as good, if not very good. 

E = Employee ... a person who work for a company. It is NOT their company, but they work hard, hoping to get promotion, increment ... and bonus., 

Yes, BONUS. 

At year end, every lecturer(most of them, at least) hoping to get bonuses. One month? 2 months? At most 3 months? By the way, I do not get bonuses for YEARS in Stamford(de-listed, losing money company tho the are pioneer) ... no bonuses with INTI too(taken private by an US education group) ... and a profiting company, Taylor's giving the 'best' bonuses among all. 

Medical expenses ... another cost which employees will be glad to be borne by the company.  

These are few incentives for us to stay being employed ... in my case, being a Math teacher for past 20 years. The 'comfort' of knowing that my minimum salary will be there, the EPF for my retirement ... the medical expenses covered and year-end bonus.

Nothing could beat the joy I have ... loving Math and loving to teach. Teaching Math becoming so natural to me that I do not feel that I am working ... for past years. I never really feel 'drag' to college ... so, I am paid to do something I love. That is the beauty.

But now ... I am changing that 'comfort' ... and being human, we will be kinda 'nervous'. I have not really get over my sadness of leaving education line. Someone consoled me that I have not left education world in total ... as I am still giving tuition. I am still teaching trading. I am still writing this blog to share ... and perhaps, could be motivating enough to teach a newbie/reader to be inspired to do something good with his/her lives. So, the indirect 'teaching' ... not in the sense of classroom teaching. 

Seriously, I have never knew how far I could go ... and I just kept moving. I just keep working hard, learning more about personal finances ... getting to know more people with like-mindset ... and continue to learn. I have came from ground-zero ... and I do know it is not easy. 

Perhaps ... there is something out there 'better' for me. I could never know if I didnt give it a try?





Life is a constant change ...

Have a nice weekend and Happy Mother's day to all wonderful moms.

TEH

Wednesday, May 07, 2014

Looking for a bike ...



I love bikes ...

I will allow myself to change my 'kapcai' by year end  ... but the 'cheapest' cruiser would be around RM30k. This is Vulcan 250 ... around RM25k, should be ok for me.

TEH

Tuesday, May 06, 2014

Finding my home ...




Eat, Pray and Love ... the author, Elizabeth Gilbert.

Thanks for placing that belief in me that I should continue to write in my own blog ... as I know that I enjoy being here ... as my home. I have written here for years ... as I enjoyed sharing what I am reading, doing ... pushing myself ... and people I met, I knew ... and my trading adventure has taking thus far ... blogging here is my home.

I am coming home ... back to my blog.

TEH

Monday, May 05, 2014

Making Decisions




We all make decisions in daily basis ... it could be well-thought, well-planned ... longer period time frame ... longer term goals. Along the way, we have some short-term decisions in order to see that we are leading to the path we wanted to go ... but things may not be as planned. So, many more short-term spontaneous decisions ... in solving some issues or problems.

Then ... we reflecting on what we have done ... and make more decisions, to change our previous decisions made ... and that is how we constantly review on our performances ... checking that we are on track.

New environment ... to be explored. To challenge us with new experiences, new ventures ... and we make bold decisions ... over-coming our fear ... and move on with the decisions we made ...

We will never be ready ... so, we take a plunge ... and work the best out of the situation. We may face some difficult moments ... many of negative humans will try to shake you from your path ... but once you have made a decision ... stay focus.

TEH

Sunday, May 04, 2014

Leaving E ... going into B



Today I have 2 tuition classes ... more classes as exams is nearing the corner. I could be very tired ... but just tahan a few more weeks. Students are nervous with their exams too. So, many of lecturers working extra-time ... and giving us extra income. This is the peak season ... and June onwards, I will be able to slow down a little ... to watch World cup. Hopefully.

Many things still in mind as I m freeing myself from full-time employment. We be missing many colleagues who have been so supportive(while covering for me) as I was too busy with personal works --- trading. Will going to miss my students ... but only one more batch left. They are bright scholars and should be doing good even without me teaching them. yeah ... I have told them where to look for me if they ever need my help.



I will be focusing in my tuition centers. I have to manage it well and grow it ... I need to get the licensing done as soon ... and start to advertise on media. I named it A-Star Tuition Center. It is located near Taylor/Inti ... and should be strategically located. That is a tuition center for A Level.

Cambridge A-Level exams for all subjects available. I will be teaching Further Math and have started 2 batch of students ... and will be going for third batch in June. We have one of the best lecturers around for ALL the subjects ... that is something I am proud of as I managed to 'convince' these colleagues of mine to teach in my center!! It was not easy ... it took me 2years plus before finally I managed to set up this center ... and getting my colleagues to 'help' me. They are most sought after tutors for A level. So, it is easier for me to promote as most students knew them too. Yes, I am promoting myself as FM tutor too.

One of my blog reader e-mail me ... hearing that I do give Further Math tuition. His son is taking tuition with me now. So, blog is a good way to promote my tuition classes ... and my trading workshops(planning end of May).

I have quitted my full-time job ... and will be 'free' July. Tuition biz will be my focus and will be writing more on it ...

Those who have kids doing A level, or knew of anyone's kids needing tuition for A level, do contact me at cpteh@yahoo.com

visit my facebook page (I know it is still empty, but will place some focus in improving it)

https://www.facebook.com/astarcentre?fref=ts

Do like the page. thanks.

So ... I will be busy with doing my own biz ... it is a great feeling, actually. But ... I am still sad ... as many in colleges who highly respecting me will be missing my presence. I have promised to keep in touch with them ... for math ... motivation ... or stock-markets.

So ... where am I now?


This is what I read about about 10 years ago ... I was still in Sabah, earning less than RM4k with minimal tuition classes. I have credit-card debt, I hv to borrow money from my mom/aunt ... for marriage and first baby. I was being 'looked down' ... as I started my keropok biz with two friends and failed. I was totally broke ... I hardly afford to pay my Kancil car's loan. Pathetic.

I was trying to move from "E" to "B". It is easier said than done ... so, ok ... I failed. That was 7-8 years ago.

I came into KLSE in begin of 2008 ... borrow some money as capital ... and 2008 market dived. It has been very cruel to me ... painfully, I grew stronger with THAT diagram in head. I took more loans to re-start ... and in 2009, market recovered well.

I am inside "I" now ... and "S" is always with me ... giving tuition!! Side-income ... which is more than my full time job, actually.

The decision to move back to KL was right ... as my drive to do well, financially, for my family's sake is VERY strong. I might struggle ... but I never give up.

Income increased from "I" ... "S" increased much more ... "I" doing very well ... and now, I m left with "B" to explore. I can't have the time/energy to have ALL the quadrants ... so, I know I have to leave the "E" ... that was my goal when I started.

Finally ... in less than 2 months, I will be leaving "E" after 20plus years of passionate in teaching ... but, I will still continue to teach(giving tuition) and to keep my passion in teaching Math alive.

As I will be 'free' after July, I am opening myself to opportunities for JV or any way I could work together(win-win) and giving me passive income. I am glad I met a lady today who is very interested to work with me ... will share more on that once I hv finalised on the details.

I will enlarge my "I" quadrant ... while saving my money in ASB(best rate). When market crash, I will be glad to withdraw all my savings and more ... take a plunge and wait. I am preparing for it and 2014 will not be a year where market will crash. This year should be a bull ... and buying will be in mind.

Today, I do not have credit-card loans ... I do not have personal loans. Today, I hv more than enough to save ... and save ... and save!! And patient wait ...

I am glad I hv changed so much of my personal mindset. Without that HUGE changes, I will still be in "E" ... but as I am venturing into "B", I will face more obstacles, more failure ... frustrations ... more not-good human envying ... and might indirectly creating more enemy?!

I never want to make enemy ... as what a successful biz-man has quoted " Make your enemy your strength in your biz".

A new adventure begins ...

TEH