Latest fund price: $1.6357 (+0.0289, 1.8%)
*new high, previous high on Jan, 2015 at $1.6068
Total Market Value: $1,493,813.08
Total units: 913,230.7695 units
Dear Investors,
I am getting marry this Sunday (8/3/2015), so have been quite busy (and lazy) last month, i didn't do anything other than withdraw $30,000 for an investor from the account.
The stock still going up so once again we have reached the new high, the two major contributor are
1. YST DAIRY (1431.HK) and
2. NGAISHUN HOLD (1246.HK)
The first one is a company produce milk from China, the milk price have been low for awhile since too many supply, the farmers in China had to pour away tons and tons of milk because the cows just don't care about the milk price other than making more milk, even though the company still making profit, it seems the market have highly undervalue this company, there is a saying: "your profit comes from the foolish behavior of the market", this is one of many examples have proven this saying is too true. I expect this stock will at least double my investment portion within 3 years.
The second one is a tiny building company from Hong Kong, i love what they do (literately constructive), and once again, she is not the "hottest pick" from the large fund managers, the funny thing about the fund managers these days are everyone just want to be mediocre, they buy when everyone buy, die when everyone die, but from my 6 years of experience, the best investment usually comes from the companies people don't talk about, not shown in Bloomberg, and most of the analyst consider them as "boring". I also expect this stock will double my profit within 5 years, so lets wait and see.
Although as my title suggest, sometimes do nothing is doing something, most people think of investment meaning you have to look at the price every single minutes, or require people to make a lot of decision everyday, this is false, in fact if you change your investment decision every day, you probably will end up broke, most of the time a true investor just sit there, do nothing and watch them grow.
However, as the fund price go higher, i have felt more pressure, today one of my insurance clients want to give me a 5 digits of money to help her invest, which i refuse strongly, i don't know why, maybe i already feel very comfortable with what i have got and am afraid to disappoint new investors and pressurized by their expectation, or maybe because when i am going to have a family, the desire of taking risk have greatly reduced.
Anyway, hope my new chapter of life will bring me more wisdom in everything.
best regards,
Calvin
