After the year end promo, there will be CNY promo ( based on history ). But perhaps there will be gaps in between.

buy...just buy.....
who knows how long tis bear would last or how severe it will goes....

buy.....just buy.....
if you have nothing better else to do with this not going to be used money for at least 36 months.

buy.....just buy.....

deleted...2x posting

This post has been edited by MUM: Dec 6 2017, 03:50 PM

Since you have lots of bullets, you should just buy directly from eUT. No need to sell. People sell to lock in profits not because of downtrend. As said, by selling during downtrend, congratulations, you just lock in your losses.

Market drop + eUT promo = double win

Asia Pacific all red expt LIQUID 45
America's all red expt IPC
EU most also red.


I remember last year my port wasn't hit that bad.

Topping up tomorrow:
Rm1000 into Dragon
Rm500 into IDS
RM300 into ponzi 2.0

Only have RM1.8k bullets.

This year has been exceptionally good more ups than down. We all agree many stocks are all time high. Tech stock is currently leading the selloff because their evaluation is so high. These investment arms are actualizing their profit. Else it is just paper value.

But i think this has started a chain reaction, maybe causing more people to panic sell. today looks like a bloodbath for asia.

This post has been edited by killdavid: Dec 6 2017, 04:27 PM

I think a lot of retail investors are selling... just looking for any excuse to take everythng off the table before their X'mas/year-end holidays for several weeks. Pension funds would be locking in their profits for the year.

As to whether it is a normal annual occurence, I don't think so. Normally December is a strong month and November usually seems to more turbulence.

Normally there's the year-end window dressing during the last week of the year... when fund managers would sell high volatile stocks in exchange for more popular large-caps stable stocks such that the annual financial reports would not show the riskier volatile stocks they have 'gambled on' in search of higher returns.

Some would suggest buying the more agressive volatile funds (like IDS or 'normal' small-caps funds) in the last week of the year, as the funds will reposition back their money into these volatile stocks in the beginning of the year.

Hmm...Actually why those retail investors are selling during drop? Stock investors should follow the same methodology right? Buy low, sell high?

not sure if you have held your port since end 2015... if you had and did track it.... tracked your portfolio from 2 Jan 2016 to March 2016....
did it fair better than now.....in terms of % of losses....?

It is a painful drop only when the purchases were done in the recent months. To those who were having the stocks or funds since the beginning of the year, the YTD gains are still sky high... time to take holiday.

============

Add on...

Long term UT investors don't have the same view point of stock investors... especially in those in the beginning stage when they are building up their investments. Buy low, sell high? No. It is buy, buy, and more buy regardless of the market trend... ala DCA investment strategy.

For a long term UT investors who is building up the fund to supplement his retirement income, he will be holding onto the portfolio and only trimming the yearly profits for income...

For a shorter term UT investor, it is also regardless of the market... the market is secondary to the investment objective... he would sell when the objective is reached and when he needs the money.

In short, stock investors might follow "buy low, sell high". UT investors don't.

(Retail investors are individuals who purchases stocks for themselves. They are not UT investors. Sometimes it is not easy to reply when the original query contradicts itself and not sure which direction to take in the reply.)



This post has been edited by j.passing.by: Dec 6 2017, 07:03 PM

I would add on that the purchasing should be out of the monthly salary for those who are just starting.

I sometimes wonder where the money comes from when someone asked what do do with the sum of money they have, sometimes 20k or 50k. Winnings from 4d or take years to save...

If the money is from monthly savings, why suddenly so impatient to invest the savings? Kept it for many donkey years and suddenly discovered that there are better investments with higher returns than FD?

As this week's markets sell-off shows, the downturn can wipe out all the profits from purchases done in the past 2 months... now moving back and hitting all the top-ups/purchases in the past 3 months... this is when the pain is felt, especially so when the bulk of the savings were used up in the recent several months.

If only the beginner had discovered UT funds earlier, and invest bit-by-bit as they save...

Investors are “locking in profits earlier than usual for the year and not opening any new positions,” said Andrew Clarke, director of trading at Mirabaud (Asia) Ltd. “Eventually, as profit taking subsides, buying for the new year will appear as people look toward 2018.”

Don't panic. Prepare bullets. This is my opinion. Still my heart aches as my profits are wiped out.

Actually, how did he know for sure?

just checked mine.....
in early 2016
in just abt 1 month my port dropped 6.5%
in just abt 45 days my port dropped 8.2%

now the recent sell off...my port just dropped abt 2% in 35 days comparison

see the rate of fall different?


nothing to worry about?
or the current 2% is just the beginning and more to come?




Attached thumbnail(s)

I guess it will be nothing to worry about for you....
didn't you just placed a RM5k bet on IDS today....

Don't have much advice to contribute but only anecdotes.

This is most likely a period of profit taking. my main retirement port experienced various turbulent seasons (once -10% from peak) but again and again it's achieved new high, as it is currently. Continue to trust in diversification as my other non equity ports are all generating healthy returns.

I've stopped checking my fsm port for the time being and just riding out this storm. I just topped up a huge sum of money before this current dip so u can imagine my pain. Still I'm not pulling out as the recovery, when it comes, will be swift. Best thing now is to continue topping up as I will be in the coming weeks.

Mind to share what type of non equity ports ?

You should be buying some asia pacific or china funds as they have been dropping. India drop is not as bad as china/hong kong/asia funds.

At the end is your call.

This post has been edited by Ramjade: Dec 6 2017, 08:55 PM

I started march16. 15 really bad?