Market timing is easier said than done. Studies have shown that those who sell after a downturn has hit to avoid further loss are about as likely to miss out on a rally as to succeed in cutting their losses. And historically the largest rallies come just after downturns. Not saying that it's impossible of course, but it really is a judgment call. If you see a dip now, do you know if it's just a temporary aberration or the start of a long plunge? If you hesitated and it really did plunge, do you know if an upturn is just around the corner or if the stock is in for a further fall?

In the absence of any clear idea of what to do, holding might not be that bad an idea.

Personal anecdote: I basically held through the 2008 recession. I did suspect that something big was brewing beginning from 2007 but it was hard to predict when exactly things would go bad so I didn't sell. However, I did hold off on adding any more money from 2007, diverting new money into safe assets (like FD and the Malaysian government bond funds) instead. Because of this, I had extra money to spend when I judged that things had settled down enough to start buying. Maybe I could have done better by selling everything the right time and buying back later, but I wasn't confident about the timing and so just held. I'm pretty happy with how I did overall so I don't worry about any potential extra gains I may have missed out on.

I feel you. I wish I can buyback RM1.40 Axreit that I sold years ago.

Eh? How did the question of market timing arise? I no nuts about market timing. Small question: 'market timing' and 'price timing' any difference?

Some have promoted the 'no sell button' strategy.  I only asked 'When crisis come, can you afford to not 'touch' the shares you hold?' because if one needs money during the crisis, could one afford not to 'touch' the shares they hold?

You also sold PADINI? Now traded at 1.65...

Any competition to its business? To me looks like a niche.
eh... maybe we can open a new thread to discuss. This side too many posts, difficult to keep track.

I believe there is a saying, never put all eggs into one basket

You do investment, at the same time, you also have a portion of money for emergency.

When crisis come, that's the purpose of the emergency money.

This is the very issue one have to address. Many say buy this and that. All also buy and 'no sell'. Unlimited funds? What about emergency money? Have one made adequate allocation for emergency money? What if allocation not enough?

lol that is the reason why you work lor.

Unless you wan to tell me you own a 24 hours money printing machine at home

Gua tarak Padini.

This is the very issue one have to address. Many say buy this and that. All also buy and 'no sell'. Unlimited funds? What about emergency money? Have one made adequate allocation for emergency money? What if allocation not enough?

This is the very issue one have to address. Many say buy this and that. All also buy and 'no sell'. Unlimited funds? What about emergency money? Have one made adequate allocation for emergency money? What if allocation not enough?

when in need of money for emergency, i will retrieve the sell button.
but then after making a come back, really need to close both eyes and click buy to retrieve what I had thrown away ... eye patch needed ... 

Najib will announce minimum pay for private sector on Monday
PUTRAJAYA: The highly anticipated minimum wage for the private sector will be unveiled on the eve of Labour Day by Prime Minister Datuk Seri Najib Tun Razak.

benefit consumer sector again ?     

You need to think the stock money is kind of an endowment money. Cannot touch. Just think it is a retirement money. 

If thats the case, our panajie, retirement money manyak bagus lo. 

Wah, you sold already?
I remember you bought it some months ago at RM 1.05 

Yes I sold it. My mistake.

If you still have, hold it. Don't sell.

I thought everybody is working towards that direction? Financial freedom!