It's like buying shares. You never know when the bubble is going to burst. But to buy now after having risen phenomenally in the past few years? Major major risk!

LOL Approve

I think it's not fair to lump genuine investors with speculators. Investors actually pay for the stocks while speculators hope to make a quick buck without actually taking any money out. If a share is below its target value/in an oversold position due to bearish sentiments, genuine investors with holding power will pickup bargain stocks to hold for months/yrs and collect dividend payments in the meantime. I believe that's what Warren Buffet was talking about.

Speculators OTOH merely enter the market based on hearsay and "inside rumors". Those closest to the source will make some money but in the end, speculators are the ones who are most badly burnt most of the time. These are the blokes who chase stocks when share prices are on the up and up, pushing prices to astronomical levels with no fundamentals to back it up. Much like playing musical chairs, someone will end up paying the ultimate price.

If you have cash to put aside, buying any blue chip stocks when the CI is at 300 you can't possibly go wrong

If the CI falls back to 300, you got money, you buy. What's the downside? Problem is, many ppl will be out of money, that's why cannot buy. But ppl who are cash rich (like Warren Buffet) will buy.

Let's put it this way, if it's the end of the world, would it matter where you park your money? How much gold can you carry as you're making your way to another country?

Ok let's say there's impending war. How much will props be worth, esp after being shelled by the enemy?

At the end of the day, if the world is coming to an end every investment will be worth nothing and it won't matter anyway. If the world doesn't end and the stock market recovers, who will make the most?

My boss who's got a prop business tells me that most of the time, those "nearly sold out" print ads all BS wan. They reserve many units for flipping. Hope to get the hype going, then when demand goes up, they slowly let go their own units at a good margin above base price. That's how the game has been played all along. Dunno how true but sounds plausible innit?

Yea, how true. Ever seen a 100 billion Zimbabwean dollar bill? LOL... Can only buy three chicken eggs.

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Added on August 16, 2011, 4:55 pm

This post has been edited by gregy: Aug 16 2011, 04:55 PM

I hope you're joking, right? Potato, potah-toe, tomay-toe, tomato....

I don't understand this statement, never been to an auction lol...

But from a layman's perspective, if the reserve price is equal to market price (which at the moment ppl complain is sky high), how is this good? If I understand correctly, reserve price means minimum price, right?

LYN, Mudah.my etc are FOC. How much cheaper can it get?

This.

I think at most they do goldplating so not that costly kua. Can u imagine, ppl also eat gold?