Awaiting for his answer too. Haha

I believe that there is no right or wrong in terms of sellin off your stocks. Lose money to an extend you will cut lose, when you are satisfy with your profit you sell. There are a lot of 'what if' moments.

My stocks and UT in seperate is yielding more than 8% which is my target % but I ain't selling them because I haven't hold them long enough (and I revised my targeted return a bit higher). It all depends on your intended return you expecting, and you may revise along the way.

Some because of their greed, they hold but in the end they lose money. Some they earn. You cannot predict what will happen next. Yes; you can look at the chart, news etc. but in the end, I believe setting your target return is important. As mentioned earlier, it is alright to revise along the way. Most importantly is know what is your target return. My 2 cent.

This post has been edited by TakoC: Aug 13 2013, 11:58 AM

Addressing your first paragraph, I view it as 2 seperate scenario. "Right" re-entry price, now.. Would you buy in a US fund now.. I'm VERY SURE it will drop further. So what opportunity cost? I would wait rather than making a loss you know will happen and average down again. Maybe that's me.

Your concern is WHAT IF you set your targeted return too low, and you sell way too early. Thats each to their own right? Some intend to hold long term like you, someone like me like to hold 3-4 years max, and some short term. Yklooi didn't mention UT, so short term does apply here. Same goes to selling. Some drop 10% and they cannot take it, you cut loss. Some like us we average down.

Once again, I believe there is no yes or no answer here. Some may be greedy and set higher return, some may set lower. For example, last month when HSAQ was at their highest, some people may opt to lock their profit. Some may choose to hold. In the end, they profited from it while we are still waiting for it to goes back to that level.

That's why I mentioned that people can revise their intend cut lose point and target return along the way. Correct me if I'm wrong, Pink.

This post has been edited by TakoC: Aug 13 2013, 12:13 PM

When I said that, I wasn't referring to UT alone. yklooi didn't specifically said UT.

Pink gor, bring me

Same here; even my PGSF also +2% ROI

And I think uncle gark was not serious with what he said. Chill. Haha.

US market drop more, I'm planning to buy in within these 2 weeks

Broken already. Checked my holdings and it's now reflected as 1.33570. Portfolio all time high too. Good to see PGSF finally in the green. GEYF next

Yes. I was shocked when I login my FSM app and saw my ROI +3%. All thanks to PGSF

GEYF sudah lama green, but I still waiting to buy in. Waiting to see how much US market can drop further

Haha.. Still doesn't change my mind that I might sell it off. Since it's performing so far, I'm thinking to just leave it there. I just won't top up.

Just read an article that analyst are expecting Dow to hit
20k mark soonest than their expected. That's really optimistic of them.

I'm not following, David. You mean selling of PGSF or Dow hitting 20k mark?

Oh, I read it in Business Insider. Let me try to find the link. I saw it through their twitter.

Thanks for the info

This week will be a crucial week

Monitor, monitor, buy in global fund. CHARGE!!!

I support, because me too

Go FSM, read up all the popular global funds fact sheet. See which one you are most comfortable with.

I like AGEYF because like the name suggest, it invests in a lot of dividend paying company. Exposure wise it is 40+% in US, with the rest in Europe etc. The way I like it.

Wow Pink, dare to call David to read back. Want die ah?

Typo lar

Actually looking at the article shared earlier on the capital flowing back to US, now would be a good time to invest. Maybe not rock bottom, but at least money is flowing back which will help the economy. Do correct me if I'm wrong.

Anyway, we will know the Feds decision tomorrow. So expecting some action tomorrow or the day after next.

This post has been edited by TakoC: Aug 20 2013, 01:55 PM

Bought in GEYF

This post has been edited by TakoC: Aug 21 2013, 09:10 AM