Setuju. I'm following the so-called quality counters which have a record of paying generous dividends like Boustead. Plus the telcos, oil & gas and selected construction counters. But most don't seem to be too compelling yet i.e. "not really cheap". It will be interesting to see how the market fares later today and in the coming days. I don't think it will go down that much - politically it's a different situation than in 2008.
Based on past elections, you have to take a stand on this crucial factor first: will BN do better? If you don't think so, then it's more prudent to stay away and wait it out... see how it goes after the GE. But if you think BN will get a solid mandate, it might be better to buy before election day. If foreign investors and institutions think so too, they will jump the gun and start buying early. For us the small fish, try to jump on the bandwagon.
By the way, most counters seem to have recovered from the earlier knee-jerk response. Does that mean the market will NOT slide, as many analysts had been speculating over the past few months?
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....
Posted by tunkuazlan > 2013-04-03 12:14 | Report Abuse
Standby duit..