Calvintaneng, even buy at high time, if have holding power, still not bad in long run. Since we don't know when is high when is low, consitantly invest , dont use your capital in one shot, use dollar avegaring seems like not a bad idea. Those use high leverage, will die first if market fall, but become suoer rich if market bull, individual taste :D
Calvin, I agree with you. If it is the 5th Elliot wave ( taking into view the 1998 lows), then the KLCI would be riding along its down wave with intermittent rebounds. This article appeared in "the Elliott wave Theorist" latest update, "Malaise for Malaysia's Stock Market: Just the Beginning? The answer is not in China. It's on the Elliott wave labeled price chart." Unfortunately, I am not a subscriber n am not able to read its conclusion.
Agree Hiu Chee Keong, we dont now when higher or lower to lowest. But in long run & during correction you will get profit for selected counter like consumer product. Now our KLCI down cz most their component is O&G,telecommunication & bankers still downtrend or side way. Consumer & selected industry product(rubber/wood) still have demand cz human population still growth.
i3gambler, Hope u don't to give some counters to look at. Many stocks appear to have high gearing as we have read in i3. Where to get KLCI's Dy and PE? Thank you.
Lk036, if down again, i certainly will go fir the blue chips, just follow what EPF buys. But since we never know how low is low, i will use dollar avegaring techniques.
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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....
calvintaneng
56,701 posts
Posted by calvintaneng > 2016-05-15 12:42 | Report Abuse
The chart looks toppish now.
The best time to buy was in 1997 just after the collapse of KLSE to the lowest 261 points.
TTB of IcapBiz has been waiting and waiting for those days to come bad.
Those fully invested at the very peak will go bankrupt one by one.
Tell you what?
Calvin already knew what to do now