Sifu Hansel,

Yesterday i topup some BOQ at 11.35 it has up to 11.50 this morning.

Mys up also yesterday. Will monitor for the right price b4 going in

Congrats, bro,....

Aussie banks have retreated a fair bit now..........

Yes, bro,... I think generally, the Aussie mkt is now weak,... seems to me this mkt does not really follow the world mkts very much,... very much unlike the SGX,....

3.17xx today

3.15 next....then 3.10

Momentum towards <3.00

Yes, bro Showtime,... changed quite a bit today too,.... ASX is falling,... AUD is falling,....

i like!

Another investment tactic, from the perspective of an Aussie investor :-

Hi mate, forgive me I've sort of been talking out loud here without directly addressing you or your questions. I didn't mean to be rude - everyone tends to have their own plans, strategies etc. etc. and often people don't want direct advice so I tend to steer away from offering it.

My plan & strategies are based on 26 years in the market, I started early (one of my first buys way the initial TLS public offering) and over that time I've seen it all and researched/studied extensively to learn a great deal about this game. I'm still a good 25 years or so away from retirement and I'm doing OK but intending to create multiples of my current nest-egg by the time retirement arrives. I'm not sure of your outlook or time frame - my strategies might not make sense for your needs.

Some advice I would offer right now is to try and stop thinking about when the next divvy payment is due. For two reasons:

1) Thinking about the ex divvy date is only a distraction that will cloud your overall view of the best time to buy NAB. This rule applies for all ASX stocks - don't ever jump in based on a divvy payment, the price you pay for the shares is more important than the next divvy.

2) Just about every divvy paying ASX200 stock drops by EXACTLY (and often more) than the divvy on the day the stock goes ex-divvy. Why pay $1 more for NAB pre-divvy if you know you can buy her for $1 less the next day? It's a false economy.

So... Again unsure if my strategies will work for your needs but you keep your money in your bank account and just watch your favourite big ASX200 stocks that pay a nice chunky divvy. And you just keep watching until a stock that you fancy hits a 12 month low and then you buy a few - not too many, but enough to be grateful if (say) the share price kicks back up to a 12 month high. Then just keep doing that same thing as regularly as you can afford to invest and collect those dividends along the way - DRP them if you possibly can (this is crticially important).

End of strategy. Don't buy stocks when they are going up, don't look for the best performing stock. Look for that ASX200 stock that is in the toilet because that's how the magic of wealth creation happens.

Just make sure the toilet stock does not end up in the septic tank!

Well,... this is 'angmoh-style of investing',... we are trying to apply Sinkie style over...

1) He said he wanted to buy some stocks nearing 52-week low, for myself, if a ctr does drop to a 52-week low,... I'd be very careful of that ctr already, there must really be something wrong there. Couldn't be the whole mkt got it wrong.

2) He said just abt every stock in the ASX drops after XD,.. I can show him many ctrs that continue to rise after XD,....

What's your opinion of his method, bro ? Other bros too ?

I just wrote this below to someone this morning :-

After seeing, then must memorise,... Then based upon the current seeing and from past memories, must come out with some right opinions of what will happen in future ! Then must take actions to take advantage of this 'future' event, hopefully I'm right-lar,.... Wahh,...

Then I wrote the below :-

Any point in the above chain of events is WRONG, the investment will surely RUGI !!!!

Bro, past experience for Australia is 20+ years without a recession. But recession is really threathening now. Cannot use past to predict future for this time.. So better cabut asap. Risk of consolidation is very high, in fact it is already happening. Pessimism is really high here

Think the biggest fear factor is the property bubble, which seems to be out of control. Even a shack of a house in Sydney auctions more than $1mil!

In most economic cycles, the property asset will be last to burst. Are we there yet?

Ya Melbourne and Sydney property market started to cool. Just beginning. Perth and Brisbane already experience downturn.

To me, property market is dependent on the job market. WA suffered from end of mining boom and many relocate back to eastern states. So the property price is down in Perth. For Sydney and Melbourne, as long as economy is growing, people have jobs, then there won't be a crash. But economy and job prospect is quite persimistic now. And policy to reduce immigrants will also affect the economy. So I think Australia will experience recession again since 20+ years.

No good for stock market.

As for Malaysia property, jobs still aplenty. So although property market is no good in terms of transaction volume, but people are still holding to it and the price is still stuck up there. Except for those over leveraged speculators, I think Malaysia property market will be flat, or at worst a slight down in price. Until Malaysia economy is down, then situation might change

Perth property got a lot of bargain now. Expected yield in 2-3 years time could be quite good. You plan to buy for investment ?

The price dynamics of Melbourne/Sydney compared with Perth is very different IMO.
Perth is highly dependant on FIFO mining employees at the high of the mining industry. Hence, renting was easy peasy then.

Whereas Mel/Sydney is highly leveraged on Chinese investment which is essentially FDI.
Unless the Chinese economy tanks, Mel/Sydney will hold up. That really is the big question. Also, whether Beijing starts heavy clamping on the money laundering from China. Be that as it may, ALL property cycles have an end. It is a matter of time.
What the trigger is, is anybody's guess.

Just went to Perth recently. Land cost is still high. Building costs is down substantially.
In 2013 when my son first went there, a 3bedroom house rental would fetch around $420 to 450. Now it is down to $320 to 370.

Not thinking of investing at this time. My friend just recently invested in a studio in Mel CBD for his son's studies. Problem is resale. No white folk will want to live in the CBD. Neither will other ethnic PR. AND you cannot sell to non PR! How?
I will wait to see if my children settles in Aus before making any decisions on Aus property.

Managed to top up some BOQ at $11.00

Good bro,....

How is the ASX mkt today ? Still dropping ?

BOQ is still under correction. Time for me to collect some..bit by bit.

averaging down.

Okay, bro,... what abt NAB and MYS,... are they down today compared to yesterday ?? Sorry bro,... no way for me to chk today,... at the courts now,...