The First Trading Day in the Year of the Pig is eagerly anticipated by many...
...and my dad was thinking about the stockmarket throughout the Chinese New Year break!
I can't blame him, nor my mother if she has the same reason for sleepless nights.
My mother's KLK stock, now trading for RM16.30, cost her only RM4.90.The stock gave her at least two thousand ringgit in dividends in the seven years she has been holding on to it.
She bought PPBOil six years ago for RM2.61(Friday's closing:RM12.80).
She also made big on Genting recently, and also holds Maybank and RHBCap.
So despite all my hard work, buy and hold still wins the day. Kudos to my mum!
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