My background

Some of my background:

I was born in Malaysia, one of the south east asia countries, where it has a lot of natural resources, such as petrol, palm oils, and others.

My first investment was in year 1998 (financial crisis). The first investment became failure when the firm that I invested went downlisted due to bankrupcy. Since then, I learnt that I could not buy the penny stock. And when I think back, I was very happy that my first investment was failed, otherwise my phillosophy of investment would not changed.

My second investment was in year 2002/03, when I was Univestity student. This was a good learning chance for me to learn that we could not buy stocks at the bull market (peak period), and if so, we must buy a good stock where its business can grow steadily in long run.

Since then, I started to learn more investment skills, especially when I learn from Cari (http://chinese.cari.com.my ). From there, I learnt about fundamental analysis (e.g. ROE, PE, NTA, etc) and I would also know how to determine whether is it a good investment or not by accessing the current stock price and the expected return.

I again improved myself by attending the CFA Courses on year 2005 and passed level I on the same year itself. My main focus is property industry, service industry, consumer industry, and financial industry.

Currently my entire portfolio had reached 6 figures (in RM). Although it is just a small amount for many people, but it took me about 5 years from 4 figures to 6 figures, by saving and investing.

I would like to use 7 years or less to achive my dream of become a millionaire in Malaysia. Hence I would like to help more people on investing and be a better man everyday.

Welcome to give some comments on my blog, so that I can also learn from you. It is the world of collaboration, I would like to thank to every friend who gives me support, and allow me to still survive in the world of investment.


Regards,
Jack Phang

Some background of Jack Phang

Myself:

Start investment since 98 (Asia Financial Crisis), and then learnt a lot of investment skills in Cari (http://chinese.cari.com.my), and know a lot of friends who are pro in equity investment.

I would like to make use of the latest technology to share with all the friends who like and passion in investment, especially in equity investment.

I'm currently working in Singapore, as a Business Analyst, I would like to thank to my family, especially my parents who grew me up and provide me a very good education.

I am welcome every friend who visit my blog to give some comments on my blog and introduce my blog to other friends who also love in investing.

Regards,
Jack Phang