how much cash u have now?

Everyone risks appetite is different. You could consider; Know what you like to own, something or business that you are familiar or know well and will thrive in a few years time after the crisis.

This post has been edited by icemanfx: Mar 27 2020, 07:05 PM

Basically after the big drop 1 week ago, market has gone up few days straight against logic. I dont get why

What goes up will come down...what comes down, will go up

...

I also holding GENM, dropped last 2 weeks but holding on....really depends on your risk appetite. Also don't trade with emotions and don't trade with money you need for food, rent, etc.

I don't mind holding the stock for 2 years or more, so dont care about short term prices

In the short term, the market is on random walk. Only traders take it seriously.

U have strong believe in gen M still? What was your average price of holding

My advise will be to buy what you like to own. E.g. you will be happy owning it even if it goes down because that's how much you love that business or product. (Of course, make sure they are financially sustainable and fulfils your personal criterias etc.)

For example, I love Apple stock so much as I really think they can and will change the world like they have always do since the iPhone days. Their eye on perfection and the way everything works just amazes me. Let's say the share price drops 40%, does it bother me? Not one bit, unless the fundamentals of the company changes.

Another example, let's say i speculate and bought into stocks which I don't have interest in, but thought I could make a quick buck hoping that the share price doubles in say AirAsia at RM0.70. When it goes up, great. But what if it goes down to RM0.40? Will I be worried? Next thing I know, scandal here and there, high level financial engineering to window dress and all, just makes me feel like eating the bullet and cut my losses. And then it goes back up to RM0.80, wouldn't I live everyday regretting my choice or missed opportunity?

So with the famous quote Warren Buffett - It's better to buy a wonderful company with a fair price, than buying a fair company with a wonderful price.

P.s. this is just my personal preference. Some people find it too safe and boring, but really, do what makes you comfortable and with due diligence. Investing is a long term process.

I like Nestle but it's not on discount lol

Yes, so it's not a "fair price"- even the growth prospect is bleak. You also need to see the financials if it suits your liking. E.g what is the Return of tangible assets? Debt/Equity ratio? Are they high in debts? How is their growth like? How are the management team? How long can they survive with a 50% hit on their sales? Do you like companies that pay huge dividends or company that prefers to invest in growth? Move on and study new companies and your interest in them might change over time. So the next question is how do you value a company, and valuation can differ from every person or institute. Well, this is a separate discussion all together.

Still under by 25% I think. No matter, 6 months moratorium coming. DCA only and hodl

y would 6 month help genting?
25% now around 1.98 means u got it arounf 2.50-2.60. I think its below fair value

What is done is done.. Look forward.

I expect Market will still be bumpy, yo yo, and I'm sure there would be opportunities to go in coming soon.(Only UT is not a very effecient vehicles to rake advantage of this.)

ya. but pas few days has been up up up against logic

@icemanfx please tell him ur famous words.. 😆

Blood something something street or knee deep?

Please be careful if you want to do DCA for a stock which you bought and the price has gone down. A stock is not a unit trust which comprises of a basket of stocks.

If the underlying company is not fundamentally strong or if you have no holding power, the stock price will continue to fall while you do DCA for months. Your losses will grow.

Hence the phrase ‘catching a falling knife’.

USA markets all green again. What is this.

Red la.