GEORGE LEONG'S INVESTMENT JOURNEY!

HI EVERYONE! 

Would like to share my investment journey with all of you. My main investment assets are: Stocks, Properties and Unit Trust. 

I have no idea what the future is going to be, but would love to share the journey along with you. 
.
Please 'LIKE' my page in Facebook: George Leong's Investment Journey.

You can also follow me here via this blog. 

I wish you great success, good health, a meaningful life and happiness :)

STOCK DIVIDENDS!

Quarter 1 of the year has just passed by, its time for some quarterly reporting. May the sharing benefits and assists you in your professional life.

Jan - RM 648.34
Mac - RM 1,131.35
Total - RM 1,779.69

Happy to receive RM 1,779.69 dividends for Quarter 1 of the year. Am expecting to receive more for the following quarters. 

I expect dividends to pass the RM 6,000 mark this year, and continue to increase for the years to come. Hence, I have to be very selective in the companies invested. 

Although I value CAPITAL GAIN more, but would love to target companies that pay some dividends as well (min 3%) to provide additional cash-flow in my life.

Besides relying on my company bonus, I prefer to CREATE my 2nd BONUS through stock-investment. Hence it feels great to receive more bonuses end of the year, and feels not so bad if my company reduces my bonus. It's more risky to just rely on my company bonus. 

Would you like to earn extra passive income to improve your financial well-being? Would you like to create more "BONUSES" for yourself?

P/s: You may 'LIKE' my page in Facebook (George Leong's Investment 
Journey) and 'SHARE' this post to benefit others as well. Thank you! :)

May PM me to register for the upcoming "Stock Investment Workshop".

DIVIDEND INCOME 2015!

Guess we're all busy filing our INCOME TAX. Happy to receive statements detailing the dividends received for the year 2015.

Something I love doing, is to study companies that can produce healthy profits every year, and these companies must be willing to share these profits with the shareholders. In short, the company has to pass through a few important requirements before I invest any money in the company. I have to be very sure not to lose money. 

It feels GREAT to receive the dividends. Of course I have to do my homework, and monitor the companies closely. But it feels great to see these income increasing every year. 

Sincerely hope you are willing to learn how to identify great companies, and after the hard work is done, you will be receiving these dividends for the rest of your life. 

P/s: You may 'LIKE' my page in Facebook (George Leong's Investment Journey) and 'SHARE' this post to benefit others as well. Thank you! :)

Do PM me to register for future "Stock Investment Workshop". Have a blessed day ahead :)

MAKE TIME YOUR FRIEND, NOT YOUR ENEMY!

In the investment game, TIME is a crucial factor. Now you will be asking the question WHY?

Let me explain using two handsome guys, Thomas & Henry as an example:
(a) Thomas invested RM10,000 in stocks, making 10% a year, for 30 years, he would get a whopping return of RM174,494. That's over 1600% return.

(b) Henry invested the same amount, but he invested 5 years later than Thomas, for 25 years only, his return is RM108,347. That's only 980% return, a RM66,147 difference compared to an investment period of 30 years. 

So is Thomas smarter than Henry? 

Actually no, he just started EARLIER. Well, Warren Buffett (3rd richest man in the world) started investing at age 11, he's 85 years old now, an amazing 74 years investment period. I wonder what am I doing at age 11? Why wasn't I am taught about this? ISH~

We have to start somewhere, so yeah, I started at age 22. 

Please start early in educating yourself about investment, the earlier you start, the easier its going to be, and the richer you will become. 

P/s: You may 'LIKE' my page in Facebook (George Leong's Investment Journey) and 'SHARE' this post to benefit others as well. Thank you! :)

Kindly PM me to register for future workshops about "How to INVEST in the Stock Market" and "How to Invest in the Property Market".

Have a great Saturday!

UNIT TRUST INVESTMENT!

UNIT TRUST INVESTMENT

It is a fund, managed by a fund manager from an investment company to achieve the fund objective. 

The unit holders (investors), are those that contribute money to that fund, and will have to pay service charge (4 to 5.5%) for initial investment, followed by annual management fee (1 to 1.5%) every year to the investment company for its management.

There are many advantages, but I will just stress on one, and that is care-free investment. If u invest in a good fund, all you need to do is to HOLD & DO NOTHING. Of course the only thing u do is to review its performance once a year only, and receive distributions (dividends) from the fund.

One big disadvantage is obviously the high service charge when you invest in that fund at the start (one-off payment), ranging from 4 to 5.5%. In addition, the company will also charge 1.5% annual management fee from the fund for its services.

So if you are into unit trust investment, your holding period should be a min of 5 years. It's a long-term investment. Any period less than 5 years, you are most likely to see min gains only, due to the high initial service charge. 

In short, all you need to do in unit trust investment is to know how to select a good fund, and monitor once a year, and hold for a min of 5 years. Of course, the longer the better. 

I wish you great success! 
P/s: You may 'LIKE' my page in Facebook (George Leong's Investment Journey) and 'SHARE' this post to benefit others as well. Thank you! :)

Would you like me to share my returns from a unit trust fund? :)

"I want to be RICH but I don't want to invest in Financial Knowledge"

Very often, I noticed people saying:

"I wanna be RICH, but don't want to spend money in gaining Financial Knowledge."

"I wanna be rich but I don't see the need to buy books on financials."

"I wanna be rich but don't see the need to spend money attending seminars to learn more about investments."

The problem is, this group of people are more willing to spend on CLOTHING, VACATION, CAR, FOOD, BAGS etc without any hesitation and yet they want to be rich.  

Investing RM1,000 to buy books, seminars, workshops is too expensive compared to spending on vacation, clothing etc (making others richer). 

This is the mindset of many people, which I call the 'Victim's Mindset'.

Let me now explain what the other group of people is secretly doing, YES! they are doing it secretly without you realizing it. The moment you discover it, very often they have already achieved certain degree of financial success.

I call this group of people having the 'Winner's Mindset' which usually only accounts for 10% of the population because of their distinct mindset. This group of people is actively investing in knowledge every single day.

They love reading online articles about financials, they love investing in books to learn more about money and investments. They love attending seminars and workshops to learn better and faster. They view the RM1,000-4,000 spent on books and seminars as an INVESTMENT and not a COST. They know that they will make BIGGER RETURNS in the future. They know that the opportunity cost is much higher if they choose not to invest in books and seminars. For example, the mistakes made by many in the way they manage their money and investments (Unit Trust, Stock Market & Property Market) would have easily cost more than RM4,000. 

The question is many don't know what they don't know, and some may only realize it many years later. 

Li Ka Shing (Richest man in Asia) understood this very early in his life. These are a few famous quotes by the man himself:

"I bought secondhand books whenever I had spare money and absorbed them before trading them in for more books. Even today I read before going to bed every night."

"Knowledge is not a guarantee of a life of riches but it does open the door to more opportunities. And recognizing more opportunities is really the best that you can expect." 

My Personal Experience

At age 17, I realized the importance of 'Alternative Education' because simply relying on mainstream education is insufficient as it does not exposed me to the area of finance and investments. I started investing in financial books and signed up for Azizi Ali free newsletter. 

I wanted to attend a few seminars but I could not afford it as they cost a few thousand ringgit. Books are my best friend then to expose me to the world of finance. 

Even now, investing in books & seminars is my priority. Every year, I would invest hundreds OR thousands of RM to gain knowledge. I discovered that the more knowledge I have, the richer I become. Next would be taking MASSIVE ACTION to apply the lessons in real life. 

As Warren Buffett often said: "The more you learn, the more you earn."

That's the main difference of mindset between a person having a 'VICTIM's Mindset' and one having the 'WINNER's Mindset'.  

So are you willing to adopt the 'WINNER's MINDSET' today?

I hope you do.

To sign up for my workshop, you can either email me at: writetogeorgeleong@hotmail.com or whatsapp me at 017-6593817. 

I wish you great success~^^

Register for my 1-Day "Wealth Academy for Youth Workshop!"

Want to learn how to make RM200,000 Net Worth by 25?

Want to own RM 1 million Property Portfolio by 25?

Come and register for my 1-Day Wealth Academy for Youth Workshop! Unlike many other workshops that may only cater for people in their 30's and beyond, this workshop is specially designed to assist youth in their 20's to achieve their financial dreams in life.

People in their 30's & 40's are welcomed to register too as there is no such thing as being late if you make the decision to kickstart that journey TODAY!

This is a workshop with many worksheets and not merely on theories as I believe in being practical.

As my previous post stated that we are soon observing 'The Birth of a Homeless Generation' due to inflationary pressure, it is therefore crucial for youth to maximize their potential and take a strategic move to overcome that.

I published two books that are available in MPH, Times Pavilion & Kinokuniya KLCC.

If you want to be rich, you have to learn how to play the GAME of MONEY. In this 1-Day Wealth Academy for Youth Workshop, you will learn:

1) The 6 Steps towards Financial Abundance
2) The 10 Habits of the Rich
3) 'Save + Invest + Re-invest' Model 
4) How investing RM300/- per month will turn you to be an automatic millionaire in the future
5) How to invest in Unit Trust & the Stock Market (10% - 40% per year)
6) How to make RM200,000 Net Worth by 25
7) How to own RM 1 million Property Portfolio by 25
8) How to avoid the frequently made MISTAKES by 90% of the population

and many more...

I am running two workshop for February, please refer to the details below:

1st Workshop

Date: 15 February 2014 (Saturday)
Time: 9 - 4 pm
Venue: Subang Jaya (Venue to be confirmed later)

2nd Workshop

Date: 22 February 2014 (Saturday)
Time: 9 - 4 pm
Venue: Subang Jaya (Venue to be confirmed later)

Notes will be prepared for you. You just have to commit yourself and bring along your calculator and laptop as we are going to do many exercises and come out with a financial plan to help you achieve RM200,00 Net Worth & RM 1 million Property Portfolio in a short period of time.  

Say YES! I want to learn the strategies of making RM200,000 Net Worth and own RM 1 million of property portfolio in just 4 years of working right after graduation.

Say YES! I want to make a CHANGE and INVEST in knowledge!

Please register with me if you are interested, there is a fee involved. Invest in knowledge, and you will not regret! 

You can email me: writetogeorgeleong@hotmail.com

or whatsapp/sms me at: 017-6593817