Stocks, 16-3-2020

Brazil: -14%
US (Dow): -13%
Canada: -9.8%
Turkey: -8.1%
India: -8%
Spain: -7.9%
Italy: -6.1%
France: -5.7%
Germany: -5.2%
Saudi: -5.2%
UK: -4%
Netherlands: -3.7%

"Historical data also shows that when stock markets
come back, the rebounds are typically sharp,
sustained, and can happen very quickly. What
history has taught us is that despite our emotional
responses, it makes sense to stay invested,
particularly for those with a longer investment
horizon."

if she had bought previously, would have made a handsome profit if sold when market open today.

This post has been edited by Cyclopes: Apr 3 2020, 08:10 PM

Well said. Adequate homework and planned financial resources are crucial in investing.

"The question that came up most is whether investors should sell their stocks now and buy them back later when they decline further. The spread of coronavirus and the resulting economic damage is expected to worsen. As it does, the thinking goes, stocks will continue to decline.

And that’s only half the battle. Those who manage to get out before another market drop must decide when to get back in, which is never clear. Market turns tend to be sudden. By the time it feels safe, the market is often sharply higher, leaving investors with regret about missing the bottom. Then comes the temptation to wait for the market to revisit its lows, an opportunity that may never come."

Going by the above argument, it may not be wise to sell out and stay out. Staying put would be the suggested option.

bite the bullet and move on😂

"How should investors navigate the depths of market uncertainty and upside/downside risks in the months ahead? If we were in the midst of a baseball game, we’re probably only in the second inning of a
very long game, and it’s still far from certain how
long the game will last—or how it’ll end."

Hi AsTiGaTe,

"Reminiscences of a Stock Operator" is a good start 😂.

Yup. What greed and fear can do to your financial well being especially when you play the market.

You mean new companies listed in Bursa? If you read business news, very likely you will not miss it. But Bursa website is a good place, all new listings will be notified in Bursa announcements.

You can still buy/sell odd lots, just that the price will not be the same as the latest traded price of the same counter. You either sell at a discount or buy with a premium, depending if you want to wait till someone sells to you. It will be bought/sold in a different platform, but same brokerage firm.

Hopefully this helps:

https://www.bursamalaysia.com/trade/our_pro...ystem/edividend

I am not sure, I didn't install the app.

Yes, Rakuten Apps should provide you the platform to buy/sell odd lots... If it's not in the Apps, then you may have to call the Remisier.

I assume the odd lots are in the same CDS account thru Rakuten.

Other people's money (contra)? Except for the sydicates.