from my side,... frankly,.. I'm not so in favour of using leveraging/gearing in equities and bonds. Just be careful.

<OT warning>
er.. checkout the "Balance Transfer" thread in LYN.
lots of us robbing banks legally - ie. having cash to pay off BUT get 0% balance transfer 12/6 months, then accumulate in FD/money market fund /flexi mortgage for interest

some semblance related to FSM la - Money Market funds/ ie RHB's money market fund in FSM

<end of OT - will not continue this here just pointing to fellow investor where to get free $ >

eh? shot for what ar? i dont control the markets.

heck, markets go up, ok ar - see net worth bursting & asset re-balancing
markets go down, ok ar - buy lelong via asset re-balancing
markets go side ways... if no dividends, i sad a wee bit but can still see net worth going up due to savings.

snowflakes should read more - the enemy is self, fear & greed. thus, why angry/sad/etc? do it with the numbers/process thinking

This post has been edited by wongmunkeong: Oct 30 2018, 11:37 AM

I think the people who are affected most are the ones who bought on margin ! Hence,... the disappointment because the losses are amplified if the valuations hit margin calls and they are not able to top-up,...

As the mkt falls,... I am hearing comments like this already from my wealthy friends around me,....

ouch.. leveraging when markets were not on lelong, i feel them.
since they're wealthy, ok ma - they've other sources of income to top up/buy lelong right? (after taking care of the margin calls, if any)

Yeah, bro,... but some became greedy when the mkts kept rising,.. and also when their RMs kept encouraging them to take on more and more leverages....

oo.. RMs.. thus far, only some RMs i met are useful - for cuci mata
Other than that, very dangerous creatures to me - encouraging to dangerous or futile stuff je , just like what they did to your buddies. Thank gawd i dont like being sold to, i like buying on my own terms. Else, masuk same van with your buddies too - especially them hawt RMs (kryptonite)

i stare at Excel to beat my kryptonites - i know myself, my weaknesses heheh, thus built stuff to avoid/minimise weaknesses
<chants Asset Allocation... Asset Allocation.. unleveraged Asset Allocation vs leveraged possibility..>

This post has been edited by wongmunkeong: Oct 30 2018, 12:50 PM

Yes bro,...

A gentle note of caution

Wild Ride in Markets Driving You Up the Wall?

Are Markets Making you Sick?
Investing can be a mentally stimulating excursion. At once a highly regimented art form deeply rooted in technical analysis & financial theory, but also reliant on gut feel, grit and plenty of gumption.

So when markets vault and fall, some investors can get overwhelmed and be swept away by the volatility.

Studies have shown that stock market volatility has a direct correlation to increased hospitalisation rates and incidences of mental health disorders.

A research produced in 2014 which tracked hospitalisation health records close to three decades (1983 – 2011) found that daily fluctuations in stock prices has an almost immediate impact on the physical health of investors, with sharp price declines increasing hospitalization rates over the next two days.

In a chilling example, on October 19, 1987 otherwise known as Black Monday, the US stock market plunged by over 25% which led to hospital admissions spiking by over 5% on the same day (Source: “Worrying About the Stock Market: Evidence from Hospital Admissions” by Joseph Engelberg and Christopher Parsons, University of California- San Diego, October 2014).

Sounds alarming, but that’s what the data shows.

However, the important lesson here is that whilst markets are bound to recover and benchmark gauges will recoup their losses, your health may take a turn for the worse and deteriorate beyond the normal course of recovery.

https://affinhwangam.com/wild-ride-in-marke...ou-up-the-wall/

I have a saying to my friends abt investing into Healthcare REITs :1

1) When mkts are good, the Healthcare REITs will do well.

2) When mkts are bad, the Healthcare REITs will do even better !

https://youtu.be/U_A95yWC2eI

When free.....try to record the status of the Managed Portfolio ROIs....
I think 29 Oct Navs results was the lowest in my YTD records.....
so is my DIY port.....
M-O-M drop...this month was the largest drop in record DIY - abt 8%
next month may be more...Trump election -ha-ha

https://www.marketwatch.com/story/sp-500-on...oons-2018-10-30
"A 17th down day in October would represent the S&P 500’s highest number of down days in a month since 1970..."
+
US-CHN trade war, thus Asia (CHN's supplier) also down
=
whee... up down up down down down down... boing (a bit last night US mkt, now Asian mkts)

Thanks for this piece of info...""A 17th down day in October would represent the S&P 500’s highest number of down days in a month since 1970..."

so now, the Oct had ended, ..... whoosp yee-ha, he-ha....2 days of last minutes calm arrived for me to catch some breaths while preparing for the next new dump or potholes or SINKHOLE.....


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I hope it has ended. This red everyday is boring. Can't enter anything.

The market is tooooo volatile.
Down down down up down down down up down...
It's a downtrend now... too dangerous I think.

My -10%
Mum -6%

Sold everything today.

Wait after US mid term election only see how.

This post has been edited by tcgien: Oct 31 2018, 04:12 PM

Trump have started his shit again...
could make situation much worse...
keep on hitting on migrant issues...

hmm..
when Zalora/Lazada/Shopee/Lelong having Black Friday or 11.11 or whatever sale..
VS
when certain markets having equity sale..

how come so different a response from customers wan?
weird...

just pondering the imponderables out loud..

also...
+market timing with unit trusts?
+buy when markets are up, sell when markets are down?

maybe something related to this?


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When I see the simple reactions in the above,... it is an event of : Lower Highs and Lower Lows. JUst stay at the sidelines and observe, bros,...

Don't move yet ! But prepare your infra to buy, s in select the cheapest and most convenient brokerage, etc,....

For the SGX, when it nears 2600 Points,.... it's time to nibble,....

People,... you can't buy at the BOTTOM, please know that !!!!


BUT, YOU CAN CHOOSE YOUR INDICATOR TO START MOVING !!!!!!!!!!!!