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 STOCK MARKET DISCUSSION V150

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moosset
post Mar 2 2020, 05:14 PM

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Europe based US-ETF starting with green +2%...
moosset
post Mar 5 2020, 04:29 PM

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QUOTE(Yggdrasil @ Mar 5 2020, 12:58 AM)
What's more worrying is will it even recover? If I recall correctly KLSE is one of the worst performing markets.
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exactly. I bought a few stocks like IHH and Tenaga. Hold for 5 years also tak naik. vmad.gif
moosset
post Mar 5 2020, 06:12 PM

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QUOTE(Cubalagi @ Mar 5 2020, 05:52 PM)
When u buy at peak, u shouldn't complaint tak naik haha.
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that means, in that 5 years, it didn't reach a new peak.
moosset
post Mar 5 2020, 07:45 PM

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QUOTE(Cubalagi @ Mar 5 2020, 06:23 PM)
That's why I'm very cautious of investing at peaks.

Say if u bought SPY in mid 2000, u then have the dotcom crash and it took 7 years to reach back where it was. Then several months later it crashed 50%. U will say US markets suck big time...
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let's put it this way, how likely is M'sian stock market to reach new peaks over the last 20 or 50 years or whatever time frame, vs other stock market? hmm.gif

I know some ppl are "all markets are equal" or "all things are created equal" or "all countries are the same" believers, but I believe certain markets are better than others. I believe certain countries are better than others.

edit: Having said that, I'm very happy that you're a huge M'sia supporter with a positive attitude. Without you, Malaysia cannot develop. We need more ppl like you here! rclxm9.gif

This post has been edited by moosset: Mar 5 2020, 07:48 PM
moosset
post Mar 8 2020, 01:49 AM

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QUOTE(Dividend Warrior @ Mar 7 2020, 10:38 PM)
Pretty decent week.
Portfolio value +5.3% smile.gif

user posted image
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33k USD = 5.3% ....... that means you've 623k USD?? fuiyoh!!!!!!!! shocking.gif
moosset
post Mar 11 2020, 04:01 PM

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EUN2 or Euro Stoxx 50 has tumbled quite a lot....

worth investing for short term (<3 years)?
moosset
post Mar 12 2020, 12:51 AM

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QUOTE(Cubalagi @ Mar 12 2020, 12:42 AM)
Not a bad idea to put this in watch list , looks like recession is coming to eurozone for certain. So if the stingy Germans finally open their purses for a fiscal stimulus, could jump up pretty well after this Covid-19 is under control.
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yeah... would be nice if they start QE soon.... otherwise, €1 = RM 5 soon.... cry.gif

on the other hand, not sure how they will handle nCoV19.
moosset
post Mar 12 2020, 08:30 AM

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QUOTE(Cubalagi @ Mar 12 2020, 01:08 AM)
If u have MYR and scare it depreciate further to EUR but still not confident to buy the market, perhaps you should go into a short term Internationall treasury bond etf with large EUR exposure, while waiting for the right time to enter into Euro equities.

That's what I have done for SGX.. I have been buying loads of ABF SG Bond ETF since end Feb while waiting for right entry point to Singapore stocks. Since I started buying, the abf SG is up 4% and SGD:MYR up 2%. That's 6% gain in MYR.
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so basically, exchange the funds to EUR now and place it in an instrument while collecting interests?
for bonds, if the bond prices go down, how?

but in your case, can also put in FD (SGD), no?
moosset
post Mar 12 2020, 01:07 PM

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QUOTE(Cubalagi @ Mar 12 2020, 12:12 PM)
That's why I suggest Short term treasury bonds. Not very volatile. Bond price lose money if interest rate go up. At current situation, ECB will be crazy to increase rate.
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thanks! I'll have a look at eur bond ETFs.

but if MYR appreciate, I also lose money for converting so early?
moosset
post Mar 13 2020, 04:24 PM

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QUOTE(airtawarian @ Mar 13 2020, 01:45 PM)
i believe the pandemic is only beginning. will last at least 1 month
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hopefully it could be over before Olympics. It'll be so sad if it gets cancelled.

QUOTE(zstan @ Mar 13 2020, 02:08 PM)
Sold all my other counters cry.gif

gonna all in Maybank only when got bullet
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QUOTE(CPURanger @ Mar 13 2020, 03:40 PM)
Sold almost all my shares. It does not look good.  rclxub.gif

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sold all?? at a loss?? sad.gif
moosset
post Mar 13 2020, 04:33 PM

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QUOTE(CPURanger @ Mar 13 2020, 04:31 PM)
Mostly loss but two (IGB REIT & SUN REIT) good profits because I bought it low long ago.
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my average buy price for IGBReit is 1.777. Still don't know if I should sell or not....

I'm waiting for BNM to lower the OPR again, hopefully will give the price a boost. sad.gif
moosset
post Mar 13 2020, 05:04 PM

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QUOTE(zstan @ Mar 13 2020, 04:47 PM)
Lost 1.6k maybe. Dropped 30% in value over past week. Now only holding maybank share. if maybank also die then malaysia really die
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maybank won't bankrupt; but not sure how long it will take to recover to RM 9 ~ 10....
moosset
post Mar 13 2020, 07:37 PM

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QUOTE(Syie9^_^ @ Mar 13 2020, 07:11 PM)
if you are 0.99 or 0.00 entry; then you are OK. You still can stay on. But you are at 1.85 now; sell? whistling.gif
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for long term, better hold. IGB Reit gives out decent dividend anyway....

if want to sell, wait for the next MPC meeting since everyone is expecting a rate cut. That should boost REITs a bit.
moosset
post Mar 15 2020, 10:09 AM

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QUOTE(Cubalagi @ Mar 15 2020, 01:35 AM)
OPEC+ may not come into agreement so soon and market will be flooded with oil. And we may now be looking at a global recession which means shrinking oil demand. I think we will see oil drop back to 20s again.

Which also mean the possibility of USD1:MYR4.5 in the next few months.
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so even with US lowering interest rates and QE don't help?

we are so doomed!! bangwall.gif

This post has been edited by moosset: Mar 15 2020, 10:10 AM
moosset
post Mar 15 2020, 03:41 PM

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QUOTE(Cubalagi @ Mar 15 2020, 02:35 PM)
It's a race to the bottom for all countries now. US will cut n I'm expecting BNM to cut more too.. Perhaps 50 bps in May.
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so wait for US to cut first, thenSGD will weaken a bit, and change MYR to SGD before BNM cut their rates, this would be best, right?
moosset
post Mar 15 2020, 03:42 PM

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QUOTE(Yggdrasil @ Mar 15 2020, 11:59 AM)
This is good news for those who kept most of their assets in USD laugh.gif
I think the current trend of MYR is to continue depreciating for the next 10 years.
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so the only way MYR can strengthen is by having US to go into recession and devalue their currency ... sad.gif
moosset
post Mar 16 2020, 10:24 AM

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QUOTE(Syie9^_^ @ Mar 16 2020, 09:46 AM)
moosset have you sold? now is 1.72 whistling.gif
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Of course not. I have hold it for many years. Not going to sell now.
Will pick up more if it goes below RM 1.50.
moosset
post Mar 16 2020, 01:30 PM

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QUOTE(cherroy @ Mar 16 2020, 11:42 AM)
The more people pessimistic, no hope syndrome, then bottom is not too far away.

Virus won't stay forever. Vaccine will come out if the virus pandemic is prolonged.

So need to ride the storm for awhile.
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malaysia has multiple storms though .......

politics, economics, oil .....
moosset
post Mar 16 2020, 03:56 PM

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QUOTE(Cubalagi @ Mar 16 2020, 03:52 PM)
Shopping day today on KLSE.

I bought:
1) Maybank
2) Malakof
3) Goldetf
Things like OnG n property Dev will be a bit later.
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at what price?

at the time of crisis, how come gold prices didn't reach all time high?
moosset
post Mar 16 2020, 05:10 PM

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QUOTE(Cubalagi @ Mar 16 2020, 03:52 PM)
Shopping day today on KLSE.

I bought:
1) Maybank
2) Malakof
3) Goldetf
Things like OnG n property Dev will be a bit later.
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what do you think about silver? some said it shadows gold price?

thinking of buying SLV but I think silver is also tied to the manufacturing industry, no?
If the global growth slow down, then demand for silver will also be lower?

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