*** By "move below their 200sma", are their prices on the decline? Have not checked one of my favourites (Hartalega) for some time now. Worried that Hartalega was expanding TOO fast with their new plants. Now, with covid, that expansion fits into their business earning very nicely.

Ha ha. I just whatapps to my friends this morning that maybe I have missed the boat! Saw all green in CNA news.

Going to jump in now as a compromise?

No. If I missed it, tough luck. I still want to be 98% sure that I am doing the right things. Now it is so uncertain, the economy and market are going in opposite directions.

Glove companies have very high PE, 70+, 80+ now. It will take 70-80 years for annual earnings to pay back. And people are still buying at that price! Unless they think it will naik, naik again.

What about you? Bought some and waiting for bigger ones later?

Cheerio.

I really think I need to go back and redo my UPSR English. Thought I said I was happy that I sold before the crash. Did I say there was no crash?

Hope Sifu can help this rookie by recommending your best 2 stocks to buy now, to save rookie from missing the express boat. Thanks.
Noted and thanks for sharing.

Good to have counter-argument to force this frog out of the tunnel. Ha.

I can think of many stocks in Malaysia, Singapore and US where regularr DCA over long periods will make you much poorer.

Interest rate rise mean increased in demand, is good for the economy. Deflation is believed to be the worst fear for the market and economy.

But he didnt sell his holdings wor...

That being said, GuruFocus' top holdings data shows Grantham's five largest positions as of the quarter ended March 31 were Microsoft Corp. (NASDAQ:MSFT), Apple Inc. (NASDAQ:AAPL), UnitedHealth Group Inc. (NYSE:UNH), Oracle Corp. (NYSE:ORCL) and Alibaba Group Holding Ltd. (NYSE:BABA).

hehe

cheerio

I did not expect this crash to be so different compared to the previous crashes. I was planning to use a similar approach I used in the early 2000's. But things are so different now and cannot proceed.

Think ahead about what things will be in demand when things recover and then invest in these industries. Obviously, companies will need more electricity. So, I invested in Malakoff mainly due to its good dividends. Some 5 years later, bingo, it went from RM2-3 to RM10+! It was a good cash cow and I think the guys inside preferred to keep the profit to themselves and thus they privatised it then.

I asked myself the same question now on what things will be in higher demand when things get better, but this time, much more difficult to answer with certainty. Eg office spaces may be reduced, more drive on web-related businesses, etc.

If you have some ideas to share here, please do.

P/S Malakoff has relisted some years back. Be extra careful, it is a different cow now. Ha.

He still owns 5% of apple though ! so ok laa, he did mention he regret not buying Amazon earlier. But he had a small stake in AMZN now, not sure whether he sold it off or not

https://www.chicagotribune.com/business/ct-...0503-story.html

Most tech counters ATH again . woohoo, lucky didnt clear AMZN before the coming crash

More like the power of #ddtg in play.

The main point was selling based on assumption that the market will crash was a pretty bad idea. Proven time and time again.

Initial post was Aug 2018......

... what blew my mind then was the refusal to accept that such strategy is nothing but market timing.

oh well....
it's a good time to observe.... hehe...

for example... I am an investor so when drop I will buy more.