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6 comment(s). Last comment by leno 2014-10-17 10:47

Posted by mollyganz48 > 2014-10-13 22:43 | Report Abuse

mr. wealthy4321,thanks for the article.after reading it i reflected on my own trades.life in the stock market is so so different from the days after black monday 1987 and thence the boom of 1993---you can make money very fast overnight rm 1k by just buying 1 lot.after a hibernation of a few years i have to reengineer my trading methods to dance with the tunes of stocktrading currently.after much thoughts yes we need time to grow rich slowly but age is catching up on us.will we be blessed to live to a 100?

Posted by MrWealthy4321 > 2014-10-13 22:52 | Report Abuse

Molly..yes times have changed ..hopefully for the better for you too.

Posted by screwdriver > 2014-10-13 23:02 | Report Abuse

Practice Dollar Cost Averaging Strategy - well said.

Stockwatch

100 posts

Posted by Stockwatch > 2014-10-13 23:20 | Report Abuse

Yes practice dollar cost averaging is a safer way because you are not timing the market.But fundamental stocks are relative in my opinion.For example the oil and gas and palm oil sector is having a challenging time now ie. prices are much lower now when you compare to 3 months ago and they are the strong sectors.
To take a 10 year wait or for that matter a 3 year wait will mean missed opportunities along the way to invest in other gems.
Finally it would be the push factor ie. your funds if you have in fixed deposits now will be in negative territory come 2015 as inflation is expected to be 4% to 5 % and will be higher than the present rates.
It will be a challenge for all of us and I think shorter time frame would be a better gauge if you think you believe in the management of the company.

DAZZLE79

62 posts

Posted by DAZZLE79 > 2014-10-17 10:45 | Report Abuse

IN A VOLATILE MKT LIKE THIS ITS WISER TO GET RICH SLOWLY.
GOOD ARTICLE !!

leno

6,167 posts

Posted by leno > 2014-10-17 10:47 | Report Abuse

IF U HOLD SHARE .. U WILL DIE SLO O O O O O L L Y Y Y Y Y .... THIS IS NOT THE TIME TO GET RICH ... BUT TO SURVIVE !! BOOOO CHOOOOOW CCCCCCCCCCC AAAAAAAAAAAAAAAAAA !!!!

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