Anything that can be goreng is being goreng-ed, from bankrupt companies to random joke cryptos. When will the party stop? Will it be a gradual good bye as one by one they leave or will it be a crash when reality hits?

Thing is, seems to be nothing on the horizon to indicate any halt yet, vaccinations rising, tech booming, governments printing money like toilet paper. Or maybe that's what the media wants us to believe?

Because on the ground the average small business Joes like retailers, hospitality, creative industry, etc is suffering real bad, they might have escaped by a combination of moratoriums, financial assistance, temporary windfall from equity, temporary pivot to other sources of income. But their underlying problem remains: their main source of revenue is simply not here anymore.

Sorry for the long post, just my evening musings 🙏. As I am one of those small Joes.

This post has been edited by LoTek: Feb 9 2021, 09:27 PM

Me too. Betting on a long term recovery. And on Affinhwang Asia pacific reits.

Side note, have began taking profit from China, not sure if I'm being premature.

🙈 Sorry mum your son is probably a fool.

I started taking profit off the A-shares fund waiting for pullback. Find the valuations pretty sky high and seems that the chinese are rotating into hkex. That's why I'm still holding (adding?) greater china.

Bonds, like equities, have been running hot for a long time. I think some pullback was inevitable.

You put all your eggs in one basket, but if you're very confident in that basket, great!

I have friends who went all in on bitcoin, and now they don't need to ever work again!

On the flip side I have friends who went all in on CIMB or Genting! And now they cry to everyone who will listen.

Unfortunately I could never bring myself to yolo like that.

Haha.

This post has been edited by LoTek: Feb 21 2021, 10:21 PM

Same thoughts... Sold half of my gold today on the rebound. Move it to try catch the falling china tech knives.

I'm still in green. By very little.

What snake oil is this? Crude has been 60s since last week.

I don't think I will dispose gold entirely...a little in the port for insurance.. Maybe.

Nothing about usd up said in that sentence my friend. if anything stimulus = printing money = devalue

This post has been edited by LoTek: Feb 24 2021, 09:24 AM

I read it as, the fund is now going to invest in certain non Asian companies.

I might try buying china funds directly soon. Buying in china I mean.

I didn't sell anything in UT, I did panic sell some weaker bursa counters (and hung on to a few blue chips). I remember on the first week being extremely hesitant whether to top up or not, whether the market hit a bottom yet, and contemplating whether it was truly the end of my world (as my work was at a complete stop after march and never really recovered even until now): did a little in the end, after that started slowly topping up every two weeks or so, and when china reopened, bought in every few days. With hindsight should have, could have, added much more aggressively, but oh well.

This post has been edited by LoTek: Feb 26 2021, 09:47 PM

Could go either way right? Despite the "big" drop, markets still very high, eg HSI is 2k points over dec close if im not mistaken.

slowly slowly, might be a fairly long rocky period

Tesla is still like 50% above the pre crazy bull price so.. Who knows where the bottom is for tech.

Imho you just bought too much too late.. My remaining china and tech funds are still quite comfortably green..(and I sold off rhb shariah in Feb peak and reentered recently)

This post has been edited by LoTek: Mar 7 2021, 12:16 PM

"Be fearful when others are greedy, and greedy when others are fearful" still seems to work.

Consider:

Growth is rarely in a straight line.

No pain no gain.

What goes up must come down.

Be greedy when others are fearful and be fearful when others are greedy.

No it won't unless tesla founds a colony on Mars or oil is banned worldwide lols

That is very true. The large tech stocks are way too heavy to move anywhere but down and sideways now, I think.

This post has been edited by LoTek: Mar 9 2021, 09:34 PM