The more speculative and the more shorter term buys, the more likely your bets... The more fundamentals and the longer term buys, the more likely your investments...
I see the performance of my 10% portfolio deteriorating. On the other hand, I see the chances of multiplying returns for 90% cash increasing in future. kikiki
For those investing your hard earned money and you may have a need for it in the short and medium term...just get out and salvage whatever you can...the blood bath has just begun....this is a free advice...don't say you have not been warned...!!!
If only i had been fully invested in quality stocks like Maybank,MISC, P Bank, Tenaga, Aji, Amway, D Lady, T Chong...just before the 'dot com' crash of Feb 2000, and hold on to 'em till today...how much $$$ would have i made now - despite of having to endure another even much bigger crash of 2008/9? Can't keep good stocks down for long? Can't keep speculative stocks up for long? How many people can consistently time/outsmart marts over the long term?
D'lady & Nestle has reported a drop in profit for the 1st half of 2014. A good signs of weak in consumers spending. Maybank posted a decline earnings in 2nd quarter 2014. Let's wait and see how those blue chips would perform in next 6 months. kikiki.
Downward trend in earnings is more apparent in apparel and automobile segment in year 2014. Finance sector has started showing weakness in earnings too. kikiki
RM0.5M of my epf money still with Brusa Malaysia. No need to worry. If Malaysia economy die, I die too. RM depreciating so fast and FD rate so low, we have no choice except to put it into Bursa.
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....
buffetthe2nd
438 posts
Posted by buffetthe2nd > 2014-10-16 14:58 | Report Abuse
klci not panic enough though...almost every day drop not more than 1%,my stock drop more than 1-2% everyday