For the helpful forummers here who carry a view that the ASM is still viable, please visit your branches asap if you wished to top-up or open booklet. I have made some divestments !

Good luck !

Only 6-lar, some got 7, .... where to get decimals ? BUt I have not sold all yet,... Listen to him speak on Oct 9,.. then can decide whether to get rid of all or not.

Oct 9 - Budget 2016. probably the most impt speech for our local events this yr..

Sep 11 - Singapore Election, for those invested into SG assets.

I beg to deffer = I have reasons to believe that with Msia's current state, the PM will rollout some surprises.

Without Mr LKY, the PAP may experience some surprises.

Tq. There are Bumis and Non-Bumis alike here. Let them choose what's best. I'm just being neutral.

By the way, I can't guarantee too that I am right !

AVFAN,... my friend,.. if our PM does not roll out something really good to help us this time, do you think he will still stand up there, shouting unnecessary slogans and unhelpful war-cries just to raise more attention ? What will it further do to his rep ?

What about that economic council that he has set-up that's supposed to roll out something to help this country ? They should be helping him to formulate Budget 2016.

He BETTER have something for us. ... That's what the policy-makers are there for, especially in these times.

This post has been edited by Hansel: Sep 9 2015, 09:20 PM

Hi.... I'm not a good role model. I have a very pessimistic and defensive 'what if this happens' and 'what if that happens' attitude. I tend to 'over-do' my due diligence too much. At the slightest smell of risk, I will disengage.

I have to agree very much with the above. THAT STATEMENT IS VERY TRUE.

But this is a Crisis Budget, this budget and the strategies within should not be the normal cut-and-dry type anymore. There must be concrete tactics to help pull us out of this hole we are in. It's a Crisis Budget, man,...

I really don't know how to express myself better, just this, that it's a Crisis Budget.

For those gov't guys monitoring this thread, please tell your leaders that this is a Crisis Budget. If the PM can pull us out of this hole we are in with strong policies and strategies that produce results, he will be in the history books forever. A leader who, in spite of some setbacks along the way, managed to produce results.

I'll reply to ALL of the above postings with this big sledgehammer :-

I'm an idealist, and a little bit of a patriot - not everything for myself only. Also for others.

I am hoping for the best from the leadership ! Perhaps one more rabbit in the hat that only the leadership can think of and not us.

Editing for the third time : Then I wouldn't have to selloff my properties and wire the funds out.

For God, King and Country !

This post has been edited by Hansel: Sep 9 2015, 10:19 PM

I appreciate your sense of humour, in times in crisis,....

Far from it. Learnt investing by DIY,.. perhaps focussed too much on the risk management section.

Money is the root of all evil.

That was my suspicion when I first started my investment journey, hence I avoided the KLSE, but instead put my heart and soul into learning the SGX and some western bourses. I also dived into the ASX. I'm glad I made the right decisions. ASX had given me good returns. I had a good run... and I am ready to 'take profit' now and move-on to other vehicles.

Don't know-lar,... perhaps for starters, ASX is a place to park your money first just like myself when I first started. BUT : times are different today. Just be careful-lar, or put in half only to cut your risk into 2.

If your friend did not collect any divdiends along the way, but had only depended on capital growth, then I feel the loss here. I have purchased funds that, based on NAV is slightly on the losing side now because of currency exchange, but the dividends that I have collected over the years puts me very highly on the winning side....

Furthermore, I always get my divdiends monthly and quarterly, hence enabling me to reinvest quicker back into the mkt place.

Hmm,... lots of talk abt money here,.. not very healthy, huh ?

Edit : correct grammar errors.

This post has been edited by Hansel: Sep 10 2015, 11:59 AM

Hi,...a fluctuating instrument is still worthy to buy if it gives out consistent cashflow. For me, I will just hold it for long term, and with the additional cashflow generated from the instruments (or from my profession), I will plough it back into the instruments if I think the fundamentals are still there but the instrument is dropping in price because of 'a falling tide'.

Cashflow is utmost in my mind.

But there have been signs in the last few years that the inverse correlation of the above instruments do not prevail anymore.

Right ! Or perhaps the mkt is so uncertain that everybody, retailers and institutions alike withdrew from every instrument and preferred to stay on the sidelines every now and then. But then fund mgrs and insitutions don't really like to hold cash, their nvestors will query them, and they must be able to provide really good answers to convince the mkt to stay on.

Well, the way I see it, the neighbouring has always had problems for as long as the investing public can remember, hence the Baht is immune from falling further. Prbs are a norm for them. For Msia, I believed what we are going through now are very unique and the scandals are really bad compared to history.

I was replying to your statement on something not worthy to hold-in to. Yes, if your position has changed and you are now saying that fluctuations can still make instruments worthy to hold-on to because of the potential capital gain, I would agree too. HOWEVER, for myself, I'd rather hold-on to assets of good fundamentals and with fluctuations that can be explained, on the condition that such assets provide good cashflow.

Just a personal sentiment abt Thailand. Msia - hard to tell,... perhaps that's what the ruling party is waiting for.

So the sentiment has always been low,... my sentiment exactly. Hence 'pouring more salt into the wound wouldn't aggravte the pain any further'.

Tq fro your good opinions.