this author has been talking market going to crash since many years ago.... whenever he mentioned it, market always turn to be bullish... I think he talk 10 times, should be a least one time really chance to be true once time.
Market is a place for investment & nobody can predict what happen in the future, it's just about investor behaviour towards a news that make market up & down nothing more than that.
In 20 years, we will witness 1 or 2 market crashes! In a year we will enjoy 1 or 2 mega sales in bursa! And like always, doomers will come too early, I tell you, now is the best time to make money! This one month is just not to be missed!
In the last 50 years, you see how many times stock market crashed ? Not more than your 10 fingers ? I will say less than 5 times. So the probability is < 10%.
It is the last thing I want to think about. I will focus on the stocks can perform rather than thinking of stock market crashes.
I better focus on Properties, Construction and Plantation stocks to buy tomorrow so that I can make fast money.
one of the reason the author not writting in chinese is not because of he want to share to those who can't read chinese. I think it is just because he has been mentioned so many time of market going to crash in chinese forum, I think he is just malu to talk again in chinese forum.
The market now is a lttle stretch....some counters are over priced like dksh, yinson, datasonic, klk, fimacorp, presta, there will be a big correction coming....keep half and throw half....beware and keep more cash....cash is king.....
If he wrote the above article in 2007, he is right in 2008. Since he wrote in 2014, have to wait for the years he's is right...maybe 2014 or 2015 or 2018 or 2020. He's sure to hit the jackpot and then declare "I told you so in 2014". Anyway this is market...it will be up, down or burst. Make full use of the opportunity available and standby your running shoes...you surely will need it sometime in the future.
The cycle carry on and on. Bubble become bigger and bigger, follow by burst, no bubble, then, start the bubble blowing again. At this moment, the risk level is much higher than a year ago or two years ago. That could mean nearer to burst stage as well. Good Luck but watch out !!
Author: Tan KW - This man is right. I am 56 years old. The tale-tale signs is everywhere....Overpriced assets... more than double their book values! Low Interest rate.... low wages but high household debts. It will happen within the next 15 months. I am ready to gallop under value blue chips.
remember when most of the people don't think the burst is around the corner, we should beware, personally i think this wave will be the last bullish wave and of course the most aggressive one, for how long and how strong the wave we will never know. Recently don't you think almost everyone is making money? easy money?
Right now, the priority concern should be how much we can afford to lose? rather than how much i can earn. Risk management always come first especially at current stage. just my 2 cents.
if everyone earn money, who losing it? lolz...well....just prepare for the worst, set your limit and u will be safe regardless of market crash etc..lolz..
To share some signal that burst is getting near : Interest Rate move up, Debt too high, more people proud of making money from speculation. Once the housewife also proud of making money from speculation, it is time to let go all your share and waiting for the fall soon.
when everyone is talking/fear about bust, it means enter the market. Buffett once say in normal market,profits is minimal. only when market is volatile and everyone has fear that he can make big profits. it is still a long way before it bust.take this opportunity to make some retirement fund.
the best of times & the worst of times. we have seen ( experience first hand )the asian financial crisis,US sub-prime crisis, the lehmen bros "kaput ", the euro zone debt crisis but the market recover and somehow moved even higher.
we cannot predict the future even we have a magic crystal ball. nonetheless he is so bearish that at times he believed a meltdown is forth coming.But i sincerely hope we do not lived thru to see (witness) a world financial melt down.
the IMF, the world bank and all the central banks certainly will ensured such a scenario will not happen. this is why we have the QE easing and the printing of fiat money. Nobody wants a repeat of the financial meltdown. it's will hurt them more than it hurt us.
he's trying his best. he usually have good articles to share. I rather he try to explain in English than Chinese. Cant understand most of the Chinese characters.
Anyways, the end wont come when people are wary of it la. It's always when we are complacent...
It was the best of times, it was the worst of times, it was the age of wisdom, it was the age of foolishness, it was the epoch of belief, it was the epoch of incredulity, it was the season of Light, it was the season of Darkness, it was the spring of hope, it was the winter of despair, we had everything before us, we had nothing before us, we were all going direct to Heaven, we were all going direct the other way. . . .
Nice article,even though it is a direct translation, I suppose. Anyway we do not know when is the final countdown. Be wary n cautious, cause there are time to cheer and be happy; there are also time for sadness.
I made my little millions from the stocks.....I have gone thru 4 bust cycles and two best all time period......esp the 1993 super bull......now 2013 is already closed after a 10_10 bull run...if aunties and apexs are entering the msrket ....its time to cabuttttt......
Tang Michael...totally agree..if the assohs' and the pakciks' are talking abt shares everwhere;...... better chow....Learn a lesson from 1997 collapse! Dont be too greedy.
Step 1: Money Supply Step 2: Low/Negative Interest Rate Step 3: Inflation Step 4: Positive Interest Rate Step 5: Back to Money Supply or Credit Crunch
So the cycle starts all over again. In Malaysia sense, we should be in Step 3 now. And looking at BNM latest mulling on interest rate hike, we should be moving to Step 4 real soon. By then, the debts and risk exposure would affect whether we are going back to Money Supply or Credit Crunch.
Be fearful when people become greedy n think they can get rich very fast in d stock market. When d Market crashes, many people become fearful then u Must be Greedy. U need a lots of guts n bullets!, like u are in honeymoon. So be prepared, maybe hold only few businesses that survived d recession, in d past 50 years. Ask your grandmother! Good luck!
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....
fortunebullz
2,000 posts
Posted by fortunebullz > 2014-04-02 12:08 | Report Abuse
Hahaha! You going to miss super bull then!