I started buying stocks in June 2008. It’s been six months now and I did a review of my performance. Here’s the results.

Capital: RM40,000. Transaction costs RM1,500. Current portfolio value: approx RM36,000. This means a loss of about RM4,000.

I have accepted that it is impossible to time the market. I also didn’t realize that I had incurred up such a huge transaction costs. From now onwards, I’m only going to buy fundamental stocks. Buy and hold.