Previously I was losing money on Fitters. After I have bought, the stock drop about 30% within two weeks. I have sold gradually on the stock and now no longer holding it. If I am not mistaken, I did not make any loss on it, and the last batch that I sold in 2014 is about 100% gain on my purchase price. Overall is a nice gain and dividend.
SKP Resources stock. I cut loss a bit, sold at breakeven and 2014 sold at about 30% gain. Overall I think is a gain, although not that much. But SKPRES paid good dividend.
SBCCorp stock. Bought this year and sold. Gain a bit.
Why is it so difficult for me to lose money in any stock?
1) Is the way I invest
The way that I invest, in overall will make profit in the long run. Buy good stock and consistently.
Timing? Stock market was good from 2009 to 2014 !!!! KLCI hit all time high.
Mr A also made profit. Mr B also. Mr Tom also. Mr Dick also. Mr Harry also. Abu, Ali, Chong and Muthu also made money.
If anyone lose money, have to really think think and think why. Seek adviser help.
I have gone through the bad years in 2007 and 2008. So if market drop now, I will be able to buy more good stocks at cheap price.
Random? I realised almost all my stocks made profit. This is because it is just by chance that no bad stock was selected. I am not worry if just a few of my stocks make losses. Analyst make mistake. The company management make mistake. Situation change. I make mistake. More important is the overall fund performance.
The conclusion is, I will make losses in some stocks. If I continue to invest in good quality stock and consistently, I will continue to enjoy good profit in my overall portfolio in the long run.
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