er.. that's the chart today or?
today HanSeng + Shanghai closed for holidays leh
http://markets.on.nytimes.com/research/mar...orldmarkets.asp

phew.. heheh thought something weird happening to that website i visit regularly.
TQ for clarifying.

now.. about that fler's assUme-ption that it's "The chart show 23 dec 2013 until 25 Sept 2014"...
best to let poster clarify lar
sigh.. in a hurry to be too smart issit?
OR have crystal balls?

in big pix context - fell 3.24% from the highest closing of 2,011.36 (closing 18/09/2014)
no crystal balls, thus waiting for more blood first before lumping in (yeah, to typo there - L not J )

Just a thought
oops PS: referring to the big bad S&P500 index yar (not DJ or NASDAQ)

This post has been edited by wongmunkeong: Oct 2 2014, 09:12 AM

ahem.. dont lar salt-on-wound.

anyhow.. missed out on Japan & US run-up too - all time highs until 18th of Sep

IMHO for now (not looking future)?
Sit tight & smell roses - no biggie yet 3%+ down
12%+ then only starting getting aroused only...
15%+ get me a slab of beef
30%+ make that ANOTHER slab of beef


That's just me yar - YMMV
My sold PUTs went -$3K+ value in just one day yesterday, whee.. extreme fear is in the market


This post has been edited by wongmunkeong: Oct 2 2014, 02:30 PM

oops - read yr moving-12mths' profit dropped 3%+ (old folks' common prob with eyes & ears )

anyhow - yeah, what i shared still holds since U asked about "state of markets" ma
FYI - S&P500 did fall 3%+ from it's highest close in Sep 18th/19th, thus sort of mixed up response to yr +3% profit for moving 12 mths'

HK & China closed for a few days - no action until open later..
idea - since CIMBC25 can be bought/sold as long as KLSE open... heheh...

BRICs down 13%+ as per BKF tracking - Brazil & Russia being the bad boys
http://finance.yahoo.com/q?s=bkf

This post has been edited by wongmunkeong: Oct 2 2014, 02:58 PM

ETF distributions are similar effect with mutual funds distribution leh
no effect in VALUE held in units+cash

On CIMBC25-->CIMBC50:
a. yeah noticed too (too used to calling it C25, last time X25 - why can't they stop changing the bloody counter name )
b. anyhow, i'll be value-averaging in this month (every 4 mths)
and yes, i noticed i'll be using LESS cash since the value held is higher than calculated/expected.
c. Future? no idea going higher or lower.
read http://www.taipeitimes.com/News/biz/archiv...0/01/2003600957 - supposedly will boost Shanghai-HK shares wor.. dunno lar, no crystal balls
All i know for sure is:
1. Keep on keeping on (with my plan)
2. When kaka happens and all hell breaks lose (lelong), buy more & keep
3. Rinse and repeat

1) what is your plan "Keep on keeping on (with my plan)" ????
er.. value-averaging every 4 months (coz using EPF $)

2) "When kaka happens and all hell breaks lose (lelong), buy more & keep" -what the price bu more ???
When the price falls below 15% of my total average holding cost price (holding's total cost / total units)

What price i'm holding?
er.. several price points coz went in many times liao
Average holding price though is $0.96 per unit

Side note - i noticed my CIMBA40 has distribution but that China animal no distribution (doing both via EPF ma)

er.. er.. sorry ar Mods.. getting too deep into non-FSM thing

This post has been edited by wongmunkeong: Oct 2 2014, 03:45 PM

er... my CIMBC50 profits > CIMBA40 (including distribution) wor..
and i'm talking about nearly DOUBLE in $ + more in %pa

thus.. whatcha mean don't buy non-distribution fund?
going RO *****-style?

Even WB doesnt sell all and run wor
TESCO & WB: http://money.cnn.com/2014/09/23/investing/...-buffett-tesco/

Misinterpretation gua?

The force is NOTstrong in this wan...
Blame it on bloody BS marketing chicken-lay-eggs units/distribution lor..
even some cat-geniuses gets suckered

Value is value - no matter how many slices/units U cut it, value = price *units
Reduce one, increase the other = same value
increase BOTH or hold one while increasing the other = value growth

1 pizza cut 4 slices VS same pizza cut 100 slices
Eat all for either, same "filling of stomach" right?

oops - above for Felix.. dont tell me all cats think alike?
1 goes extreme
another goes distribution buy more
now felix goes "not touching non-distribution fund/etf"..
it's a cat thing right?

cats taste good with curry

This post has been edited by wongmunkeong: Oct 2 2014, 04:19 PM

personally?
i'd cut loss, take the $ and go grow it elsewhere (if >=3yrs still turkey lar in total + each injection)
zero sunk-cost mentality, or ignoring what is already sunked-in -
would i invest in that animal now knowing what i know?

http://en.wikipedia.org/wiki/Sunk_costs
http://www.lifehack.org/articles/communica...act-stupid.html

if not, cut loss and use the $ somewhere better than let it simmer and die or.. HOPE.. heheh hope is NOT one of the better method of investing.

This post has been edited by wongmunkeong: Oct 2 2014, 04:36 PM

>7yrs?
assuming in 3 years U know it's useless piece of kaka..

that means U lost >4 years of growth, simple calc say 4*8%pa = 32% of growth/profits
in actual compounding, even more + the fact nearly all markets have been tearing up past 5 years..

pain or not holding or using sunk-cost pain avoidance?
pain leh?


wakey wakey, shake a dicky!

deep... U must be an Aztec-ian in yr previous life

baby-sacrificing lar..
U & yr Marvelon - can do Postinor & it's ilk too mar

still holding & hoping?
cool

each transaction U bought in - just double the units received lor
ESISmallCaps right?

how long have U been investing in either?
3 to 5 years?
if yes, i'd cut loss and reinvest the $ into something else

If like...a few months..
welcome newbie

sorry sonicbull - i'm unsure why and i dont look for why.
ANALysts & others will try to explain stuff away - which may or may not be.
I just keep on value-averaging + if substantial lelong, lump sum. Simplistic approach

U may want to look at Brazil too if them funds hold Brazil - went south too.
In addition, MY & SKorea off highs too ( http://markets.on.nytimes.com/research/mar...orldmarkets.asp )

Too much variables for my blur mind to reason the Whys