.. and this is why the typical "investor" makes little $ from mutual funds or unit trust.

1. Expectations - realistically?
5%pa to 9%pa ON LONG TERM AVERAGE
note - purposely CAPITALIZED.
Ever heard of the joke of a 6' man drowning in a river with AVERAGE depth of 5'?
the deepest part can be >6', the shallowest part can be <1"
Get it?
Like UTs/mutual funds - the average is average BUT the tail end can be -50%pa and +80%pa (yup - literally experienced those numbers before)

2. Good time to go in is when market is on a bull run?
Bull kaka - good time to go in MORE is when kaka has hit OR hitting the fan
I still don't understand the logic of people PURPOSELY wanting to buy / buy more when prices/cost is up
VS
purposely buying more when prices are down, just like... SALES in ISETAN, TESCO, etc

3. Drifting markets no good?
Even in drifting markets - the equities held (assuming equity funds) still do business, still makes profits (assuming good Companies/biz la), pays dividends, etc.
So, hold back and don't invest until?
for how long?

Sorry ar boss - not purposely picking on your post (not U too).
Just that there seems to be so much HOO HAAH when markets are running up BUT phtui when down.
I get a "stimulated" with market downs and side-ways heheh

No right/wrong - just.. huh? compared to obvious logic to me