Market heading for a plunge.. And once new announced it is recession, dooms day..
We can see a very low low KLCI soon, and it will be time for those that had been waiting to enter the market to enter soon

Cheers

Fund account number is sufficient.

I believe 2 to 3 working days to appear in PMO. The same turn around time even though you do AI in PMO.

Yup, yr funds' account is needed.
From experience, IMO is updated about 2 to 3 days time, depending foreign or local fund + what time executed.

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Added on September 23, 2011, 9:42 amAll guns and % of ammo prepared Sir.

This post has been edited by wongmunkeong: Sep 23 2011, 09:42 AM

Thanks David83 & wongmunkeong for the clarification...

Good comrade..

Let's wait for the target to come nearer..
We shall shoot him on the body first..

Wish i got 1million bond/cash as bullet lol. U guys enter at what point?

When all the sifus here start pulling the trigger, please inform us, ya? Wanna join also...

Wait first.. Camp now..
Now faster work harder, OT more, do sales, get more capital. Pay up the loans, pay up the debts.. Don't waste money investing in fresh bear play first.

Once market had go to a dead dip.. Side way, pour in cash + capital. If you are daring, go and refinance house, maybe 50%, and put into it..
After 1 year, guarantee you can see the effect..

Now we had not reached a dead valley yet.. Continue to camp..

But it is wise to invest into bond? Put in bond, when time comes, switch to equity. Or keep cash in saving account?

If you are using EPF, or client. You can ask client to get EPF into Bond la.. Once opportunity strike, can get bond to equity right away (No need wait 3 month withdraw one time, wasting time to do that, because 3 months on a market rebound, will miss a lot of fun already)

Yup yup - to the "ready & willing", opportunities are self created.

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Added on September 23, 2011, 11:07 amHeheh - bro, U may not want to follow buta leh. Those sifus have their personal entry/exits AND reasonings & sizing of entries.

eg. U see one fellow say GO
and U put all $ U allocated for equity funds in
... then market continues sliding.. how?

That fellow may have only pumped in 33% or 50% of his allocated ammo
and may be buying due to his/her own rules (eg. every 15% down, average down)

This post has been edited by wongmunkeong: Sep 23 2011, 11:08 AM

I dont have EPF. Mostly cash from swiftlet farming n business. So it is ok to park money in bond la? Instead of putting it in saving account. Right?

This post has been edited by mois: Sep 23 2011, 11:11 AM

If cash, then you better do nothing on that, because bond is for long term (5-6 years and above) to be able to see effect.
Once enter, you incurred service charges already. So wad for? You don't expect recession to be more than 2 years right? Usually 1 year+ and will start to rebound already. So if you park cash at bond, and take out after 1-2 years, defeating the purpose. Rather you not putting into it. Haha.

Unless you are using EPF, that is different. Because EPF ruling, 1 time every 3 month. So if you do in a rebounding market, you only take out dunno how many time only can maximize effect, so can use bond as a parking place to park them out in EPF first. Once market on, direct switch (in stages).

For cash wise, cash is best now.. Just keep and keep, put in FD and wait for right moment. Make sure your money is liquid, and that is the game play.

ahhh... not enough ammo to play and bring down my average!!!!

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Added on September 23, 2011, 1:09 pmAnybody knows when PSMALL CAP is closing?

This post has been edited by Kaka23: Sep 23 2011, 01:09 PM

I think because it's heavily sell-down oh my god I just bought it last month drop like nobody business

er.. may i suggest, better focus on other stuff like kids/hobbies for now.
If U cannot tahan YET still focus on your equities' loss of value, U wont be able to zzz OR may do not-too-smart things

FYI - personally i'm down about $15K, since beginning of Sep till now, in my Equity funds' value, winching a bit in pain/discomfort but knowing well that sales is up next, i endure...

This post has been edited by wongmunkeong: Sep 23 2011, 01:59 PM

I agree.. it's the shopping time but still not sure this time is really the up to 90% discount MEGA sale or not

Heheh - up to yesterday, KLCI down 12.98% from top + REITs are getting hit "hard" as well now.
Give it another month or two, when U see people dumping REITs (even with good DY%), it's a good indicator.
In a similar vein, when KLCI's average DY% is about 6% to 7% (way above average of 3.5%+/-), U know that it's bargain sales time.
HOWEVER, it doesnt mean it has stop falling for sure - that one U need a crystal ball. The above is just about value hunting (no crystal balls on me)

BTW, 90% discount ?!! Even in the horrible 1998 kabloey where KLCI went down more than 80% from max, we never got 90% discount lar.
Scary man if we see 90% discount (and sort of interesting... heheh to a value hunter).

This post has been edited by wongmunkeong: Sep 23 2011, 02:09 PM

Sorry for the this question.. what is DY%?

Should be dividend yield =)