The sliding oil prices, which in turn weakened the Ringgit and spooked equity investors is now feared to reverberate to the property sector, which saw investors shying away from property stocks and underweighting the sector.
margin is bad when it is millions of Ringgit in size. Tens of thousands won't kill. You can always make it back by working hard (in the worst case scenario you lost them in the market)
(many people will jump in and attack me for saying the above as it is not politically correct)
but remember to diversify your portfolio, stick to low PER, strong balance sheets and high dividend yield. Then you unlikely to lose your shirt
@ icon8888, my portfolio currently has SymLife, GOB + Plenitude. Currently, looking at Gadang and probably a few furniture export counters.
But then, Gadang has shot up today by 5 cents. Never mind...
Just asking, i did some long posting at SymLife forum. Do you mind to hop over there to check whether my thinking is sound/ rational? Currently, bleeding quite heavily for SymLife as well.
Have to use boxes of Kotex to stop the bleeding...
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....
Icon8888
18,659 posts
Posted by Icon8888 > 2015-01-08 11:05 | Report Abuse
I still holding GOB