Market is still overall downtrend. I am targeting market to be 1000-1200 points. If lucky, oversell a little before rebounding. No doubt it goes up every now and then. But medium term will be still downtrend.

Propertywise will go downwards. My friend already losing money just because property is stagnant. Dutamas property can get below RM400psf at the moment if u search properly.

Look at Dow Jones last night, go up and then reverse again. Biggest reversal since 2008 crash. For Bursa, it will go up, but then will reverse downtrend again. (http://www.cnbc.com/2015/08/25/us-markets-attempt-recovery.html)

Those UUU just have to suck it up and accept fate. Of course over the long term will trend upwards, but the time taken and the gains will come back the same. Overall maybe 4% per annum over the next decade, which is the same as parking in FD. In fact, parking if FDI would gain the most profit, as my friend is in Public Bank's Treasury.

Those over leveraged can just stand and watch lo. Property not easy to sell and quit during downturn. Shares, you can just cut loss and wait T+3 to get back whatever money, but not for property. With impending interest rates and price stagnation looming, those overbought just stand and watch show lo.. wat to do. No doubt people argue about buying for ownself to stay, but if you are paying RM2500 a month to the bank, and your neighbour bought cheaper 1 year later during this downturn and only pay RM2000 to the bank, dont you feel like sohai paying the extra RM500? of course you dont feel it cause of ego, but that is RM6000 per annum.

During crisis, shares are so cheap, RM200 can buy you a lot of shares for small cap counters, RM6000 can help u get 30 lots to play and throw around during this time, not to count, that savings of RM6000 can use for emergency backup or holiday depending on how rich you are. That is just per annum, it took years for property and shares to reach this height but just took a few weeks for shares to crash and lose the years of gains. Property will have even harder time as it is not liquid enough.

Just my personal opinion.

This post has been edited by markpsp: Aug 26 2015, 07:37 AM