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21-03-2012, 05:30 AM
(This post was last modified: 21-03-2012, 05:31 AM by Temperament.)
(21-03-2012, 12:04 AM)lonewolf Wrote:(20-03-2012, 04:28 PM)KopiKat Wrote: 2011 : Assets mainly in China and Taiwan. Cash rich but assets are >50% geared. I was collecting quite a lot as the yield was too attractive to resist (I thought I knew the risks). Quite an experience to see it drop below 50ct but equally surprised to see it rebound back to ~60ct. With 2 DPUs collected (total 5.5ct), easily 15%-20% returns (more if you managed to buy below 50ct).
I bought below 30c so my return is in excess of 105% or 140% if you includes the distribution. So MIIF has been a good investment for me though I have been tempted to sell a few times in the past yr. But I decide to let it ride (for now) because my stake is not very big. I think I will probably end up taking a cue from you when to sell.
This kinda of remind me of my own investment in AIMS and Saizen. As IPO investors, I'm still in the red but those who have bought in at the 'right' price aftre the GFC would probably also be sitting on very nice returns.
This is probably true also for MIIF investors who bought at the 'wrong' price.
Ya! You say it. Everything buy at the right price is more than half the battle won. Especially when you want to sell it. Price , Price, & Price = Value, Value & Value. That's what, we all are here for. Ha! Ha!
Cheers!
WB:-
1) Rule # 1, do not lose money.
2) Rule # 2, refer to # 1.
3) Not until you can manage your emotions, you can manage your money.
Truism of Investments.
A) Buying a security is buying RISK not Return
B) You can control RISK (to a certain level, hopefully only.) But definitely not the outcome of the Return.
NB:-
My signature is meant for psychoing myself. No offence to anyone. i am trying not to lose money unnecessary anymore.
1) Rule # 1, do not lose money.
2) Rule # 2, refer to # 1.
3) Not until you can manage your emotions, you can manage your money.
Truism of Investments.
A) Buying a security is buying RISK not Return
B) You can control RISK (to a certain level, hopefully only.) But definitely not the outcome of the Return.
NB:-
My signature is meant for psychoing myself. No offence to anyone. i am trying not to lose money unnecessary anymore.