I do not know if this is possible.. I want to have my first US$100.000 or 1 billion rupiahs in two years. One of the thing that I can do is to invest (or gamble depend on how you see it) on Stock Market… The market has been discounted quite deep (compare to few months a go) I think it is time to buy some stocks
Here is what I bought so far:
- TLKM bought it at 7.450
- BUMI bought it at 1.810
- BBRI Bought it at 6.000
I spread it equally, around Rp. 50 mio each let see how this Investment grow (or shrink)… :D. Why I chose this stock for my portfolio:
TLKM: simply because telkom is very generous to give the dividend and it is too big to fail. This year they give around 360 per share or almost 5% per year. I do not know why still declining, but I like it and I buy it, I will keep it as long as they give a good dividend.
BUMI: This is a stock that can make you rich or poor in short time… very volatile, you know it is one of the Bakrie’s group… not for the fainted heart. I bought it because it is quite cheap now, I am sure it can’t go much lower than this.
BBRI: Hei.. this is my favorite stock, its is a huge Bank, profitable, have good foundation, and now it is quite cheap… what is not to like about this stock… I almost bought it with all my money but I remember wise man say… don’t put your egg on one basket…
So there you go my portfolio, with little knowledge that I have I pick those stock.. any comment on my selection???
ӏnteresting resƿonse regarding this matter. Powerful arguments outlining everything concerning it.