Talking with Ken (part II)
| E: | http://finance.yahoo.com/charts#chart2:symbol=gm; range=5y;compare=hmc+tm; indicator=volume; charttype=line;crosshair=on;logscale=on;source= |
| good chart for your info | |
| K: | what is HMC? |
| E: | Honda |
| K: | basically, honda toyota and daimler cryslar did well and ford GM was shite |
| E: | yes |
| and Honda<~>Toyota | |
| and Ford<~>GM | |
| ok, anyway, I use Yahoo to track news as well, which is very good, as I see them all easily. | |
| K: | those three mentioned also outperformed the DJ index |
| E: | haha... though DJ is the top ever these days, as it excluses NASDAQ heavy stock, it is hard to say how indicative DJ now. |
| K: | but again, we have three really good years, u just felt the bubble may burst |
| E: | yes, next 2 years are challenging. |
| that's the time need to apply option smartly.... | |
| K: | it is funny that we only look at their share price, but not looking at divdends handed out |
| E: | haha... dividends are not in my interest actually, since none of them would give you sufficient dividend le... |
| I think the most dividend I get, indeed is from CLP stock, which I have 600 stocks (given by them that time), which gives me ~$1800 every year. | |
| K: | what was the price then? |
| E: | http://hk.finance.yahoo.com/q/bc?s=0002.HK&t=1y |
| but that's for utility stock | |
| I got them at $34 from CLP | |
| K: | that is almost 10% return, better than bond |
| E: | of course la, but bond will never -ve |
| that's bond ma... | |
| for stock, the norm is 13%, you are failed if you cannot get 13% return from stock every year. | |
| K: | really?? |
| E: | yes ga~ |
| and bond should be ~ to US 10 year bond, which is 4.7% | |
| now... | |
| K: | but 13 is way above inflation |
| E: | so, your bond return should be about 5% |
| we are talking about stock return, not inflation.... | |
| average stock return... | |
| K: | i know, but if it is so achievable, then everyone should be so much richer, i.e. driving up the inflation |
| maybe i am conservative, but 13% sounds quite aggesive target | |
| i could not get that from football betting | |
| E: | haha... depending how do you invest, 13% is all time average about stock. so far I could achieve it every year. |
| that doesn't mean the average of every year is 13%... i.e. 911 it's impossible. | |
| K: | i will be quite happy with that annual return |