I have just purchased 3000 shares of 3888. Basic this is a good company with increasing EPS for the last 3 years. ROE of around 16%, with increase in sales for last 3 years. The stock have recently had a big rise from the 1st base with a high of 34.60. Profit taking happen, a second base is almost complete. It is forming a short double bottom base 6 week, I brought the shares when it broke out from the middle peak of double bottom with good volume during noon time. In summary, this is a purchase of a sound company in the middle of a 2nd stage base.
Article by Macao Millionaire Doctor
Friday 15 May 2015
Wednesday 6 May 2015
$10,000 Per month Cashflow Goal Achieved.
Today is my Birthday, I have just settled my Modified Aud dollar term deposit deal which give me 2.41%p.a. Which equal to monthly cashflow of $2400 HKD. My total Cashflow from Asset equal to $10,211 per month. GOOD JOB. WELL DONE. MACAO MILLIONAIRE DOCTOR
Article by Macao Millionaire Doctor
Article by Macao Millionaire Doctor
Sunday 3 May 2015
Core Trading System BEGINS.
I have started my Core trading System regime. It involve investing Global over a range of Global Country Index ETF that are trade in the US market. The list of my ETF which consist of 14 involved basically the world + gold and Long term treasury bond from US. Every Quarter, I will invest in the top 3 performing ETF base on their 3-6 months performance. If the top 3 is below the 88 day SMA, I will put the money to TLT (long term bond). On 12 years of backtesting, this has provided with a CAGR of 16.33 % PA. (2003-2014). I have also include a 10 % stop during the backtesting. I have post my latest ETF holding on the R) side of this website.
Article by Macao Millionaire Doctors
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