Please someone release covid 22 so my tech stock can become stonk again to the moon

My god all my profits got wiped off in less than a month
USA & CHINA funds were the reason and the worst markets for past 2 weeks.
On fridays all funds bleed.
Did the all stocks/etf's reach bottom or is there still room for them to worsen?
I couldn't predict anything.

My china funds from profit 800 to now slight loss over the last 2 weeks despite averaging down several times

Really crazy and learning lesson to me, should've been fast hands like stock market

valuation and sentiments are different things...

what is high can still go higher, what is low can still go lower.

how much the markets had been up since 10 months ago?...
is the market still higher 6 months ago?

This may sound cliche during the bad times, but it can't be truer.

Right now is just a simple speed bump in March. Time for those who want to get down the bus (but need to pay the bus driver / bus fare regardless) or if you want to stay please fasten your seat belt and enjoy the ride.

My best advise is close your app, or browser, spend some time with your kids and family.

And speaking to a few of my guru frens (not that they are always right) the time to be greedy if you still have bullet is not yet now. Maybe another 10% down.

All red
Even interpac dan safi fell the most past week.
Getting mad and confused

sorry for noob question, can I ask what do you mean by support levels haha

Major market start to rebound~~~~    

Good 

Mind to share the details/ info ?

Info about the market pick up / the rocket 

hmmm unfortunately china hasnt really recovered or showed any signs of great rebound from the lows. my china equities all around negative 10 percent now. wonder how long before it can recover
P/S: I just started investing in UT two months ago - put in china and tech lol - what a lesson hahaha

I personally have great faith in the overall future of china. Warning: the current level is just around Dec/Jan prices, which is still comfortably above pre-covid.

i guess they looked "at fundementals vs sentiment before deciding when to invest" too 
for as at 28 Feb 2021,...(that is 10 days at the start of the rout)
yet, they are still HEAVY in China....
both are unconstrained funds YET they are still >40% in China.

It is a fund that if you trust the skill of the fund mgr and the compiled investment data n risk analysis  of that fund house,.. Then just put min 100k inside and let the fund mgr do the rest.

The fund does not hv mandates so it can invest in almost anythings or anywhere....
The FM will be eager to hit certain target... For anything above a threshold, the FH will get 20%

This is my 1st encounter of market correction after DIY investing UT since last year June, it is really a test of emotion, patience, panic, etc  while going thru the coaster roller ride.

Hope the market is recovery soon for all bros sis here..

 

Fsm or eunittrust or Philip mutual is the place for low sales charge. If you go direct ie retail they will assign you an agent to take care of you, drive car to meet you and bring paper forms for you to sign. All this requires money and salary. They will also give you advise from time to time, some which may be good, some which may be weirdly bad.

If you do the online way of diy, you bypass that and you save. It’s around <2% one off diy, vs up to 5.5% retail one off.

Every year the fund manager needs his salary too, so they charge you around 1 to 2% management fee. This includes trustee fee which is an independent auditor service kind of thing, to make sure your shares are there. This one can’t be saved.

Fsm yes has option to buy from many fund houses at the same time. It also allows you to more easily switch from one fund to another (fees apply). Fsm is the most expensive one but they are the fanciest, most responsive and most user friendly.

Aiyah... why everything also turun in Mar 2021?

What news is the market mover in March 2021 ar?