QUOTE(joeblow @ Dec 10 2020, 03:07 PM)
Can I check with the gurus here, is foreign fund back to Malaysia market? Seems like the banks and those blue chip dividend companies bought up a lot by foreign funds.
My bank counters are now at breakeven point with some profit, even though I am looking to invest for retirement, I feel like selling to lock in the profit anticipating another big down. The Malaysia market is still seriously in the slums with a lot of unemployment and empty shophouse up for rental or sale. Maybe will have correction soon?
My broker says never wrong to lock in profits, which is true. But for the US market I locked in too soon and failed to buy back resulting in tons of missed profits. Very confused now. Appreciate some enlightenments.
Not foreign fund.My bank counters are now at breakeven point with some profit, even though I am looking to invest for retirement, I feel like selling to lock in the profit anticipating another big down. The Malaysia market is still seriously in the slums with a lot of unemployment and empty shophouse up for rental or sale. Maybe will have correction soon?
My broker says never wrong to lock in profits, which is true. But for the US market I locked in too soon and failed to buy back resulting in tons of missed profits. Very confused now. Appreciate some enlightenments.
If you foresee you need the money in near future, sell and lock in profit.
If you do not need it in near future, can still hold, uptrend is still intact according to my limited skills in TA. Ask Boon3
Dec 10 2020, 03:10 PM

Quote
0.0878sec
0.48
7 queries
GZIP Disabled