QUOTE(xuzen @ May 7 2015, 11:46 AM)
Human nature is such, even if you design a very stable portfolio that sits right at the most optimum point on the efficient frontier giving the best risk optimised return... they will still be not happy.
By nature we want to have some unknown, it excites our soul, it tickles our brain... in short, it allows us to be human. It shows our curiosity and willingness to embrace risk and adventure. It is coded into our DNA.
So, take some money and gamble at it... it is good for the soul!
Xuzen
p/s
I just checked my portfolio and my sexy fund is down around 4% from my average buying price (I DCA into sexy over a course of 3 mths liao), with its 1xStd-Dev of 18%, so there is still room for it to drop further. However, I am betting it may swing 18% upwards sometime in the future. Sexy constitute 15% of my equity portfolio at the moment. So a 4% drop of 15% is only 0.6% of my portfolio.
isn't saying that if your sensex fund swing 18% higher from now would only transform a hike of 2.7% in your portfolio?By nature we want to have some unknown, it excites our soul, it tickles our brain... in short, it allows us to be human. It shows our curiosity and willingness to embrace risk and adventure. It is coded into our DNA.
So, take some money and gamble at it... it is good for the soul!
Xuzen
p/s
I just checked my portfolio and my sexy fund is down around 4% from my average buying price (I DCA into sexy over a course of 3 mths liao), with its 1xStd-Dev of 18%, so there is still room for it to drop further. However, I am betting it may swing 18% upwards sometime in the future. Sexy constitute 15% of my equity portfolio at the moment. So a 4% drop of 15% is only 0.6% of my portfolio.
4% drop of 15% = 0.6%
18% hike of 15% = 2.7% ?
QUOTE(cybermaster98 @ May 7 2015, 10:43 PM)
Didn't have time to log on today. But markets took a beating today as well. When will this end? Its this the end of the bull market for China?
expert saying that this is a healthy drop , believe or not is leave to us to determine.
May 7 2015, 11:03 PM

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