NAB - 29.27
MYS - 4.55

I think can buy NAB. the price is below AUD30 (it s your favourite counter).

ooo you are a lawyer wow...a professional career. I m not smart like you. Envy you boss.

Below, I’ve listed seven reasons why I wouldn’t buy National Australia Bank Ltd. (ASX: NAB) shares, right now.

But before we get into that, please note these two things:
1.This is my opinion only and, frankly, I could be wrong – NAB shares could soar from here
2.I don’t hold bank shares in my portfolio. Your personal situation – and shareholding – may require a different course of action to mine.

7 reasons why I wouldn’t buy National Australia Bank Ltd. shares

1.The economy is transitioning.

While this risk is not unique to NAB, economic theory suggests bank profits are not only related to growth in the economy but also highly leveraged to it. That means, if the economy enters a rough patch, NAB’s share price risk may be asymmetric.

2.Mining investment is slowing.

The mining boom is over. Indeed, capital has already been pulled from Australia at a rapid clip. It’s evident from the stalled projects and a falling Australian dollar. I believe a slowing mining sector could have a direct and indirect impact on NAB shares, over time.

3.Regulations and capital raisings are going to hurt.

The banking regulator (APRA) is beefing up its oversight of Australia’s big banks – and rightly so. While NAB’s current capital levels appear robust, if APRA continues its tougher stance on bank regulation, NAB’s returns (on a per share basis) may not track along as well as previously anticipated.

4.Bad debts are low.

Bank shares are cyclical. Therefore, the best time to buy them will be when bad debt charges are high, dividends are all but non-existent and uncertainty is forcing share prices lower.

http://www.fool.com.au/2016/02/23/7-reason...ank-ltd-shares/

Bro,... no big deal,... just another job after you've been in it for many years. No difference from other working people,... That's why turned to international investing,... let the money work for us,... haha,... and can mingle with others in the world,....

My TA says that we can wait till 27 to 28, bro,.. and I've bounced this TA opinion to other seasoned Aussie investors too,.. many agreed. Just sharing with you what I've discovered,... however, even if you buy now, won't go wrong too,... after all, this is NAB.

I appreciated your reply and your keeping track together with me, bro,... Thank you.

I heard this LIC : ALF is a counter that hedges against a falling mkt,... I still can't understand this concept, but I'n trying to. The 'angmohs' say every investor must have this ctr in one's portfolio,... Take a look at it. Just a tip on my research thus far,....

Envy of you.. I m not so social and circle of friends are too small. Back to ALF :

Australian Leaders Fund Limited is an equity hedge fund launched and managed by Braitling Investments Pty Ltd. It invests in the public equity markets of Australia. The fund invests in stocks of companies operating across diversified sectors. It invests in value stocks. The fund typically employs both quantitative and fundamental analysis focusing on factors like a history of superior returns on the capital employed in the business through the economic cycle, management with a track record of creating and distributing value to shareholders and businesses with a capacity to grow. It also employs short selling. The fund benchmarks the performance of its portfolio against the ASX All Ordinaries Accumulation Index. It was formerly known as Wilson Leaders Ltd. Australian Leaders Fund Limited is domiciled in Sydney, Australia.

Net dividend is ard 8%++. Quite attractive after excluded the franking credit.

Let me do some reading first.

Well,.. bro, for one, this fella DOES NOT hold bank shares. Hence, his emotional tendency would be to find all possible faults with banks.

Secondly, as equities investors, if we don't invest into bank shares at all,... what else can we risk our funds on ??

How about oil and gold Thrill of the roller coaster ride.

Banks should be a must in all portfolio. Find a good stable bank and stick with it. Eg Public Bank.

This post has been edited by Ramjade: Jun 6 2017, 11:49 PM

Bro,.. we are talking abt the ASX here,....

I know. Same concept whether we are investing in Malaysia, AU, SG, etc. Find a good bank and buy that bank stock.

My time to invest in banks is over. The only time I will go back is after a economic downturn like 2008/9 or crisis like TianAn Men.

This post has been edited by prophetjul: Jun 7 2017, 08:35 AM

Gold makes up 20% of my portfolio since 2002. A real stabilizer!

Boss

Can name me few stabilisers so that I may add into my portfolio ?

Assets or stocks?

Ooo stocks first...

Like Public Bank Gold Acc, that is asset ?

Stabilizers

For stocks, you are looking at Utility, Infrastructure Type. Sustained low dividends but long terms. POS do not change that much.
Some ETFs may also offer that exposure.

Gold- You can buy ETF to trade. No need to go into those gold accounts. Trading costs is cheaper than the bank spreads which are approx. 4%.
Gold ETF like SPDR traded on SGX

http://www.spdrgoldshares.com/singapore/

Boss,

The GLD:SP is kept for its cap appreciation purpose ? If I see for 5 yrs horizon, the price is consider low..so I should buy and keep abit as stabilizer ?

Yeah. But must be able to just hold it.

Since 2002, it has yielded approx 10% pa cagr in ringgit terms

Boss

Why GLD:SP keep dimishing lately ?? Time to go in ??

Cannot tell you when to go in. That is your own call.

I look at long term and disaster hedging with gold.

Gold is for turbulence time. When market all rosy and pink, gold will go down.

Today....top up some BOQ at 10.84

slowly accumulating this counter