QUOTE(danmooncake @ Aug 5 2009, 11:06 PM)
Actually, local bourses are more complicated that US stocks.
US got more choices. If you are bullish investors.. simply buy one of the Index Funds and keep for
long time.. sure winner when the economy recovers.

BAC is a sure buy from here, it can go to $20+ next year. There's a LYN member who bought BAC at $11-$12.
He's laughing to the bank now.
oh... but how do i begin.. i am a to-be fanatic investor.. any sites or place that describe i detail for better understanding ? or any topic in the forum is leading to investing DJIA ...
Coz for local bourses all i have to do is to setup the CDS account and start trading with a selected trading investment bank..

Added on August 5, 2009, 11:48 pmQUOTE(cherroy @ Aug 5 2009, 11:16 PM)
I knew a lot of people (local banker help them to purchase) bought Citi during 1x.xx as well (after plunged from 40-50), but they are cursing now.
Choose the wrong stock, even though market recover, your stock might not. This is the classic example we need to choose the right stock. Even market super bull, your stocks doesn't, still at square one.
That's why don't look at indices, look at your own stock. Only look indices if intend to trade on it or buying ETF based on it.
Having said that, the whole world always look at indices to judge on.
Actually if no clue about individual stocks, it is better to invest in indices instead of blindly choose a few stock. You have much better chance of gaining than choosing stocks simply. I fully agfee if want to bet on recovery, buy the index, much simpler way.
Affirmative !!!
This post has been edited by lsmpro80: Aug 5 2009, 11:48 PM