a lot of millionaires actually hv cash in the bank waiting for entry points. I read somewhere recently. Its better to than to see their portfolio losing 3-5 pct daily !!!!! Think abt it....Gold and Silver,they are buying as well...
Many millionaires that had panic and bailed out of stocks in 2008/10, are now pondering when to re-enter mart. See what dillema those who have had tried to time/outsmart marts have to face now.
2007 the most panlai sell off all ... 2008 the most panlai buy and buy and even borrow money to buy and buy ... 2014 the most panlai sell and sell and sell ... common sense lar ... wat is the index now .. wat is the index last year and wat is the index in 2012 2011 2010 ... BOOOOO CHOOOOWW CCCCCCCCCCCCCCCC AAAAAAAAAAAAAAAA !!!
err .. i dun play short ... because in short ... sky is the limit ... meaning u can lose more than u can afford. If u short 1 million share of abc share at rm 1.00 ... if it shoot up to rm 3 ... u lose rm 2 million. If shoot up to rm 5 ... u lose rm 4 million. Whereas if u long any stock ... u will lose just the amount u long. So .. no ... i dunt short. Holding cash is the right strategy now ... u see all the stock i sold now still below my selling price ... i can choose to renter any of them if i wan .. BUT I DUN WAN ... because ... BOOOOO CHOOOOOWWWWWWW CCCCCCCCCCCCC AAAAAAAAAAAAAAAAAAAAA !!!!
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
connie
37,452 posts
Posted by connie > 2014-10-08 15:46 | Report Abuse
OKAYYYYY cutie cat ... will keep all CASH safely in the pocket now :) cat is supposed to meow meow meow ... why do u always BCC ?????