have crystal ball(s) at hand?
which region/country/sector of the equity fund that you are holding? has the region/country/sector now over valued too much in terms of P/E when compared to others?
just my mind thought...
if funds are purchased based on risk profile, purchased at the right market valuation, portfolio are constructed based on the right risk profiles and invested with investable monies, then why sell as UT has always been long terms...unless you are sure the crystal ball are correct.
found this on the web.
The Stock Market Is In A Correction. What Should We Do?
What history tells us about market crashes
As the very first incarnation of our local stock market only appeared in 1973, there’s a shortage of solid historical data as compared to the stock market of say, the United States. So, let’s take our cues from the Western economic giant.
My American colleague Morgan Housel once did a nifty piece of work by studying the frequency of stock market crashes in the country going back to 1928. Here’s what he found:
Magnitude of market crash and Historical frequency
10% Every 11 months
15% Every two years
20% Every four years
30% Every decade
40% Every few decades
50% 2-3 times per century
Over the past 85 years in the USA, its stock market has fallen by 10% from a recent high every 11 months – that’s more than once a year. When looked at through the lens of history, a market correction suddenly seems mundane and boring.
“One of the most common questions financial TV hosts ask their guests is whether they expect a pullback or a crash to hit the market. It’s an odd question, akin to asking whether they expect summer to occur. Of course summer will occur, and of course stocks will pull back.”
That’s snarky. But it’s true. And here’s the kicker:
Despite the S&P 500 displaying ostensibly large amounts of volatility in the past 85 years, it has climbed by 10,000% to where it is today since the start of 1928.
http://www.fool.sg/2013/12/13/the-stock-ma...t-should-we-do/(click "refresh" when prompted to sign up)
Maybe, but this is USA-centric. Japan has been down 63% for 21 years
if you bought at the top, you'd have been down 63% for 21 years now. At one point it was down 75%
May 3 2014, 10:13 AM
Quote
non spoonfed...is cruel world out there..
0.0692sec
0.78
7 queries
GZIP Disabled