US market opens 1% lower

All red ,cmf2 cover back my lost. 96% cmf2 over 99lost

cmf2 cover back your lost?
how-ah?

time to hibernate...

NYSE Suspends Trading in All Securities
http://www.bloomberg.com/news/articles/201...-all-securities

Mayday on Thr

Greece Says Banks to Remain Closed Through Monday

URL: http://www.bloomberg.com/news/articles/201...monday-ibv7f4v9

DJIA down 261.49 or 1.47%

US market closed nearly 1.5% lower.

USD to MYR dropping
time to change USD?

Rebounce slightly. It has breached 3.82XX two days ago.

My 2 cents view is that using the Value Averaging Method is the best strategy forward for the next few months. We don't know whether the China market is entering into a free fall or how long it is going to last. It could last a few weeks, a few months or a few years.

This is the time when we separate the men from the boys. Definitely not for the faint hearted to invest now.

This post has been edited by Vanguard 2015: Jul 9 2015, 09:12 AM

Good for you because you managed to "time" the market.

This post has been edited by Vanguard 2015: Jul 9 2015, 09:40 AM

in "normal" time and in 'normal" market these 10 actions would definitely rocket the market.....
China is taking 10 huge actions to save its stock market
http://money.cnn.com/2015/07/08/investing/...tion/index.html

is now "normal" time and "normal" market?

Yeehah. Fasten your seat belt. By the end of this month, with the triple "disaster" of IMDB, China and Grexit, it is quite likely that a lot of our portfolio will turn RED and the ROI will turn negative.

Everything from Ponzi 1, Ponzi 2, China funds to TA European Equity Fund will fall. In summary, it is the end of the world aka Armageddon.

As investors, I assume we have 4 options:-

(1) Sell off everything and swear off unit trust forever. See other forums where "investors" have ranted that unit trusts are useless and "cheating" money.

(2) Stay put. Hibernate in a cave somewhere and wait for the storm to pass. It may take a few months or a few years for your unit trusts to recover if you made a one lump sum investment buying at the peak of the market.

(3) For new potential investors in FSM, wait for the "perfect" moment to buy the unit trusts at the lowest price and sell at the "highest" price later (i.e. market timing). Good luck and let me know if you succeed in doing this. I wish to call you sifu.

(4) Practice DCA and VCA for the next months or few years until thing stabilise. Then take profit or do portfolio rebalancing depending on when the markets rebound.

I like this

i see some of the NAV price has been dropping
is this a good sign for dumping money?

is this a good sign for dumping money?
YES,.....if you just buy without referring what you needed in your portfolio and buy not according to your risk appetite...that is to me dumping monies

This post has been edited by yklooi: Jul 9 2015, 09:50 AM

When Charlie Munger or Warren Buffett were asked how they think the market will perform for the next 6 months or 1 year, their answer was..."the market will fluctuate".

My 2 cents view. In theory, if the market goes down continuously for the next 10 years, nobody will invest in the stock market. Who would want to invest in a SURE LOSE game? Conversely, if the market goes up continuously for the next 10 years without a break, everyone will be lining up at the bank, Ah Long, chettiar for personal loans to invest in the stock market because it is a SURE WIN game.

Therefore we are experiencing a "normal" market now because it is fluctuating.

This post has been edited by Vanguard 2015: Jul 9 2015, 09:41 AM

dropped like hell.... portfolio dropped 2% overnight

then post # 254 does not seems to apply as past, present and future are also "normal" because it is fluctuating.