New Year Resolution: 2015

New Year Resolution: 2014

a. Invest in 2~3 cash flow real estate -> Managed to get 1 cash flow real estate for the year, the status of switching the loan name/ refinancing has been delayed by half a year since July resulting from change of title name and slow in delivery of lawyer's works.

b. Achieves an investment amount of RM 80k in own portfolio. -> Achieved by half, deleverage due to cautiously optimism on the entire outlook of Malaysia economy & stock market.

c. Keep abreast of my new knowledge comprising financials, travel books, economics, etc.. To at least finish 10 books throughout the year. -> Achieved

d. Launch the stock investment business and push the total funds managed to RM 200k. -> Not achieved

Year 2014 was a year of great learning especially in absorbing every single thing related to global economy and how it impacts the local stock market, despite most of the efforts delivered hasn't been really paid off in this year, my experience is growing tremendously along with the every buy/ sell decision that have been made.

The exposure to options & futures market has granted us a great tool in countering the volatility of the market, regardless it is going upwards or downwards, the result has spoken for itself specifically during the first week in year 2015, where a couple of thousands can be earned within the period of a glimpse of eye, provided we can sync and dare to take advantage from the market sentiment.

Nonetheless, by having a macro view on the global economy, it is wise to put a great weightage on the listing companies with export nature which is benefited from currency depreciation. Once and for all, by leveraging on the macro trend, hopefully this right bet will move us out from the rat race sooner than we expected.

On real estate sector, although facing a lot of challenges in dealing with tenants, securing new deals & also encountering negatives issues such as rising in interest rate and slowing down in property sector, the rise in capital gain has largely contributed to my net worth and double it to 200k and above. Overall, it is still a satisfy return with effortless work done each month. It reminds me well on making a right decision is far important than working hard without a clear direction.

I always think about quitting the career path to start my new adventurous, without giving much thought whether it will succeed, to keep the persistence and perseverance along the path. End of this year, I think it is about time to bid goodbye to the life of being an employee.

Going forward, I will still spend lots of quality time with my family and friends like I did in year 2014. To me, nothing is more important than spending your time together with people you love &  appreciate the most in our life.

Resolutions for the year 2015:

1. To generate a ROE of 20% on equity investment.

2. To secure another 1 to 2 cash flow real estate.

3. To quit the job and start own investing business.

4. To keep attending seminars to network with like minded people.

A lot of courage and efforts are required to get it done, however I do believe that nothing can stop a person from moving forward if his willpower is strong enough to pierce through the toughest thing.