$500,000 dollar project Begins

Yesterday, I have complete my ETF position on my $500,0000 dollar project. Instead of waiting for the 2823 to pullback to 50 day MA. I fill out the rest of my position when the price rally to new 52 week high and breaking the latest resistance. The reason for this is, I am not sure when is this ETF going to pull back, it appear really strong. And another reason is I think buying at $12.62 is still good value with the fact that the price range for 2823 is $8 to $28. With this in mind, I purchase 32000 shares of 2823 at $12.62 per share. Article by Macao Millionaire Doctor

$500,000 dollars project. My 2nd pot of Gold

$500,000 dollars project, my second pot of Gold After making my first pot of Gold in Real estate, I will divert my money to Shares. With shares I am particular increased in Index ETF fund. The one that caught my attention is my HK:2823 China A50 index fund. The china index has been on down trend for 5 years plus. Recently this downtrend line is broken. With 10 wk MA crossing above 40 wk MA and the catayst for this is the open up of China stock market to the world. A lot of global fund is going to pour into china market. The index is currently in relatve low price compare to 10 year price. Current is $11.6 and the 10 year range is $28 to $8. I aim the price to get back to $20. I am going to invest another $400,000 in this index with price around $10 , I will buy when price pullback to 50 day MA. When price double, I should make another $500,000 dollars. Invest timeframe last 1-3 years. Article by Macao Millionaire Doctor

Million Dollars Deal settlement

Millions Dollar Deal Settlement Finally the settlement of my 1 bedroom/1 bathroom property has arrived. The settlement was on 2014/11/19. This deal has net me a profit of $1,220,000 HKD. The proceed from this deal will pay for my Australia project The Altus.

Adding onto ETF position

The China-HK stock market is going to link soon. I have use my double paid salary this month to purchase another 2000 shares of 2823 (A50 China ETF) at $9.54 today. I think the coming rise of the China market is going to surplus HK.

Conversion of Cashflow from Asset to Asset

I have just received one semi-annual payment from my Hotel room in Quality Hotel Birmingham. It amount to GBP 1800 = $22157 HKD (after T/T fees). I have used this money to purchase 1000 shares of 2800 (HSI Index fund) at a price of $24.2 per share. I also need an extra $2000 to top up the investment. With this 2800 share, it is going to give me 3% annual cashflow + 10% average annual capital gain. So in conclusion I am using this Cashflow from my Hotel room asset to purchase another asset which will give me an Annual return of 13% plus. That's the rich way to Wealth.

Article by Macao Millionaire doctor.

My WINNING Trading System- Combo Trend Rider

After doing more back testing and refinement to my Combo Trend Rider trading system. It is ready to take off. Below is the Data which show the performance of my trading system, trading on 17 stocks on Hong Kong stock market mainly focusing on Blue Chip stocks

Back Test duration: 2009/03/01 to 2014/09/30 (5.5 years)
Total Trades: 145
Total R return: 87.67 R  (R is define as the Risk per trades. E.g. If Risk per trade is 2000, the total return will be 87.67x2000 = 175,340 dollars. This assume initial equity of 200,000 with risking of 1% equity per trade. )
Mean  R per Trade: 0.6 R (Which mean on average for every trade, it has netted me 0.6 R return per trade.)
Winning percentage: 66.2%.
Ratio of Expectancy to Standard Deviation = 0.44
By Dr. Van Tharp definition - Ratio of Expectancy to Standard deviation of between 0.3 to 0.49 equal to the quality of an Excellent Trading System.

With the above result, I am confident that my system will make money in the market both UP and DOWN.

Article by Macao Millionaire Doctor

Re-Focusing on PLAN to WEALTH

I would like to re-state my plan to wealth. Very simply put, I have plan to get Very Very Rich thru these 3 ways. 1) Investing in Major share Index ETF, 2) Trading CBBC on Hong Kong Shares and 3) Investing in Real estate (On UK and Australia).

For the 1st Method, I am investing in Index ETF for the long term. As overall the Hong Kong Market had annual gain of 10 % plus, by investing in the long run, it was a proven way to generate money safely from the market. For the 2nd Method, I will be trading CBBC with my proven Combo Trend Rider system, which is proven with 5 year of backtesting result to achieve positive performance.

And lastly Investing in Real Estate is to secure wealth with solid investment, which will generate Rental income to ultimately achieve my Passive income goal of 50,000 HKD per month

Article by Macao Millionaire Doctor