QUOTE(darween13 @ Nov 13 2013, 02:58 PM)
Hahaha, not all keep in cash la, of course you need to hold other commodities.
What i was trying to share was the sentiment of risk managers during the summit.
The Big One is coming - dont know when, but could be as early as 2015 and it will hit Malaysia - and hard it will.
MYR will sink, may not be the next THB - but it will - so, do not over committ and suffer. Jus be mindful - dont live life scraping the bottom of the barrel, and the sentiment will change, BBB will be NNN or SSS.
When supply exceeds demand, price correction will occur, so, gotta prepare contingency plan lo.
Thats' all.
Bro Darween,
Every investment has risk. We can't eliminate risk, the most we can do is mitigating the risk. All the factors out of our control are hardly to be predicted, cause most of these factors are controlled by humans, and humans behaviors/intentions are hardly predictable. That's why the principle "don't put all the eggs in one basket" always prevail.
Buying properties just like buying blue chips, the most critical key is the holding power. Buy at the reasonable price compatible with its NTA value, and keep it until your reasonable target price. You may face some capital depreciations during the process, but if the company has a strong background, it will eventually bouce back after the crisis and you will enjoy the ripe yield thereafter.
Yes, cash is king if the Big One comes tomorrow, but cash is meaningless if it comes 10 years after. So, the root question standstill - When the Big One will land?