sell now and buy back later at 0.50. Don't ever trust property developers, real estate agents, stock market analysts. They tell you to buy and hold while they sell and sell and sell.
i think property market overdeveloped at the moment and we may see a correction next year. better to sell off shares and buy house when the bubble burst
in bear market, better to sell than hold. when market down, high degree of pessimism, investors less gung-ho and less money for investment in property too
IMHO Batu Kawan area is overhyped. It can only attract majority low income families. Ask Penang people, how many of them want to stay there? The utilization of second pg bridge is also very low until driver can race until 200km/h on it. Go figure. No wonder our Tun Dr M said Malaysian are stupid...
Thanks for sharing. Am not familiar with the Penang mainland property market. I guess that is where you or someone here can share. From what I know Penang is well known for its E&E manufacturing & export. This sector is currently on an up-cycle globally and which may be further boosted by the depressed oil price. So instead of investing directly on the overpriced E&E counters, it maybe better to go with a proxy (especially a beaten down one) to the sector such as Tambun. This is premised on the condition that there will be spillover of the E&E boom onto Tambun areas. Another point is that you should not sell based on the %age gain or loss. You should sell if the earning prospects are dimming based on hard facts.
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Posted by bsngpg > 2014-12-12 23:01 | Report Abuse
Agree that it is a level to buy with spare money for div higher than fd.