Chicken Genius is back with a short clip:



Then also those that support DCA:



Follow what you think is right for you.

This post has been edited by Davidtcf: Jun 20 2022, 10:36 PM

DCA = Dollar Cost Averaging lah

Average Down so many letters.. DCA just need write 3 letters LOL

yesterday market green a bit.. later mana tau drop back to square 1 or drop even more

This post has been edited by Davidtcf: Jun 21 2022, 03:54 PM

Risk with DCA is if you’re investing more than what you can afford. Do remember during recession it’s easy to lose job. Do set aside some money in KDI save or FD etc in case shit happens. Later desperate for money end up selling US stock with paper losses then really gg ownself.

If you have time and the company continue to do well.. will profit later on.

Nobody can predict what’s the actual bottom and when things will recover. So if wanna stay safe then keep wait. If prefer DCA then no wrong also..

If tomorrow Ukraine war is over, confirm will see some recovery.

DCA is the way.. sounds nicer too

Long term play la.. if short term then ya might lose a bit.
This is why we set aside emergency funds (using KDI Save, normal savings account, FD, etc) and not investing 100% of our money inside. Best have a few months emergency funds at least (3-8 months). The more the better especially during bad times such as a recession.

If DCA during peak end of last year or early this year then will hurt more since they starting to drop only during that time. So you'll need more years to have a profit from them.
And now with prices at such low ranges, it is even safer to invest. But still don't lump sum (e.g. RM1 mil or few hundred k buy stocks).. who knows if might drop more right? each time buy small amount that you feel comfy (few thousand dollars or 10k+ each time). If kaya/rich and feel 100k/1mil small amount for your DCA.. then go ahead since that is what you can afford.

exactly lor. DCA into good stocks. NVIDIA sure good with exploding crypto mining that started a few years ago.
FAANG/FAAMG stocks also good picks (doubting Facebook and Netflix tho).
Others are Berkshire, P&G, etc. Many in the US market. Wanna try with Europe or elsewhere also can as long good stocks.

If lazy or want safer route then DCA into Indexes such as VUAA or VWRA.

This post has been edited by Davidtcf: Jun 23 2022, 03:16 PM

Ok I re-read and understand fully what you mean now.

For first example the person still gained. You only show 5 years horizon. What if the person hold for 15 years? could you say the same they were bad investments if every year got grow (in 15 years time)? Also most people earn mthly salary and not some rich fag, so of course can't lump sum buy so much at one go. Need to spread it out.

If near to the end of 15 years and I'm at the age of 50 for example. Would it still be wise for me to keep buy so many of Nvidia's stock? Or I would follow expert's recommendation to have at least 50% in safer investments such as FD, bonds, etc? That time for me I will reduce my exposure to growth stocks, likely won't be buying as much.

Also if super rich the person can't foresee future how well a stock will do.. so definitely they will diversify out to reduce risk. They will likely buy 1k stocks here and there to profit after some time. A stock worth 50 could end up becoming 0 or worth 800 after 5 years. Just see Tesla, no one expected them to be this successful in the beginning? Many even fear to buy Tesla stocks when they were worth 50-100 USD. Would you dare to buy so much Tesla during those days? Or rather wait they proven themselves first?

2nd example show Netflix, for me I wouldn't buy them the first place as I read that they have very high debts and low profit margin. It is basically betting on a company to start making profit after tough beginnings. Hence not surprise when they get hit hard once investors realize their subscriber base have fallen together with reduced profits for the quarter.
If one were to invest in such a riskier stock, they could set stop loss at certain price point. That way they would suffer less losses when prices starting bottoming. Some would even use covered options as a safeguard.

This post has been edited by Davidtcf: Jun 23 2022, 05:32 PM

Also remember it is impossible to time the market. People the most can just speculate whether market will go up or down depending on economic, inflation, political situation etc. When covid first hit everyone thought gonna be doomsday and started panic selling. The moment Fed announce stimulus and cutting of interest rates immediately every stock pump to the moon.

Then now correction is happening.. we already witness stocks fall so much in their price. Some people even paper loss up to 6 figures. Some lost 20% of their portfolio (esp if started last year). But we still DCA coz know good times will come back one day. Past shows that after one time of bear market/recession, there will be 4-5x period of growth after that.

If choose safe route, you will lose also if just put money in bank as the value of your money will keep become smaller. Earning 3% also not enough to fight inflation these days.

Also history has shown the best times to invest is during a bear market. If choose to avoid entirely and wait things start to show sign of improvement, then you’ll miss out on the best days to enter during that period.

You won’t be the only one wait to jump ship into full throttle investing when recovery start to show. Other hedge fund, sea of investors, millionaires, billionaires will be throwing their money into the stock market at the same time. Some more we talking about the US, hottest stock market is found here. That time if you slow in taking out your money how? Or if you run out of money since they are put elsewhere? Only to see the prices leap from one high to another high. That time will start asking why didn’t enter the market when it’s at all time low.

This post has been edited by Davidtcf: Jun 23 2022, 07:32 PM

you don’t trust DCA don’t need to preach to others to follow your style also.

Is like if one or Christian force u to become Christian.. but u strong Buddhist, u like or not?

We can debate which and what is each about but no forcing please. In investing hard to say which is right or wrong since both ways also got strategy to make money.

Here is US stock section.. very different compare to Bursa. Wanna discuss Bursa can discuss elsewhere more suitable. I personally only invest in banks and reits in Bursa as an alternative for my emergency funds. That is all what Bursa means to me. Dislike how our currency keeps getting weaker under stupid gov, hence can’t convince me to pump more money there. Also lack of foreign investors, much manipulation, and so much institutionalise control of the stock market (by EPF, Lembaga Tabung etc buy sell in bulk).

This post has been edited by Davidtcf: Jun 24 2022, 12:22 AM

Yea would prefer he use Google and Amazon as his analysis. Top stocks in the US market.

Or heck choose S&P 500 etf also ok!

Boon.. 1,2,3 ready let’s go please!

This post has been edited by Davidtcf: Jun 24 2022, 09:34 AM

ok stocks why avoid Google and Amazon then.. ceh like this cheat la keep choose the stocks you like.
don't get feedback from others pun.

btw I have not bought Tesla, Netflix that you've listed

Apple also another good example can use in your thesis.

i still nice wat.. wrote nicely

sorry if didn't catch my sarcasm earlier

okok wait u do analysis on the 3 stocks I've mentioned. *waits patiently*

question is, no one force you to buy 1000 stocks for every DCA. Also depends whether you can afford or feel if that particular stock is too saturated in your portfolio or not?

We not only see x number of stocks, but total value of that 1 stock in your portfolio.
For diversification experts say not exceeding 5% of a stock would be just nice for a portfolio (value of a stock when bought to make up that 5%). Exceeding that amount means you are putting too much eggs into one basket. Stock splits would be good for this reason also.

DCA also not just blindly k.. need to be smart about it too.

This post has been edited by Davidtcf: Jun 24 2022, 11:02 AM

because he keep bring up buying 1000 stocks of this and that. Without thinking about portfolio management.
Managing portfolio is also important. Even if you are filthy rich, it's still easy to overinvest into the stocks that you like.

Kelvin Learn Investing youtuber one of the, he put so much into Tesla.. now I facepalm when think about his paper losses after the recent crash
Also all his stocks are either growth or tech..

This post has been edited by Davidtcf: Jun 24 2022, 11:19 AM

AGREE. Can't just use DCA alone to manage your portfolio. In the end is how you manage your money overall.

We all want our money to grow. Not only grow but need to do in a strategic and safer method. Can take some risks, but need to be calculated risks without overexposing one self to danger.

If we don't care about risks can just dump money into TFXI - Triumph FX already. There's a thread here in finance page. Can earn up to 7% one week. Dare or not? But got so much talks that it is a SCAM. If one is crazy and doesn't see all the red flags can just go here instead. But sound people will sure calculate all the risks and avoid it. Can earn 7% sure, but what if all your capital gone after that?

This post has been edited by Davidtcf: Jun 24 2022, 11:25 AM

Yea that’s what I got from his replies.

Maybe he just pro Bursa and started shitting at all of us here who’s into US stocks.

Ask us don’t DCA, don’t buy when stocks are priced low, don’t buy when priced high. So basically means don’t buy at all? lol no idea what point he’s trying to say.

You write and reply so many posts, in the end all no point. No conclusion on what you're trying to emphasis.

Reminds me of an action movie I watched in the past.. it was pretty hyped that time. So much special effects boom here and and there, with sword fighting, robots somemore.. but the whole movie no plot, no character development.. as I watched it halfway decided I have enough and switched off the TV.

Yea.. your posts remind me of that movie.

he is a troll la.. lazy layan liao.
the more you feed him the more syok sendiri he becomes.

Internet troll
From Wikipedia, the free encyclopedia

In Internet slang, a troll is a person who posts inflammatory, insincere, digressive,[1] extraneous, or off-topic messages in an online community (such as social media (Twitter, Facebook, Instagram, etc.), a newsgroup, forum, chat room, online video game, or blog), with the intent of provoking readers into displaying emotional responses,[2] or manipulating others' perception. This is typically for the troll's amusement, or to achieve a specific result such as disrupting a rival's online activities or manipulating a political process. Even so, Internet trolling can also be defined as purposefully causing confusion or harm to other users online, for no reason at all.[3]

for me it fits the bill of a type of trolling..

This post has been edited by Davidtcf: Jun 24 2022, 04:09 PM

You trader won’t understand investor’s boat. Everyday you main main beli jual while us here holding for years until need the money baru sell. Or if it is good time to sell at their peak.

No need mock us la. We have full time jobs.. not like you whole day sit at home watch stock market screen.

This post has been edited by Davidtcf: Jun 24 2022, 06:39 PM