Oh, can't say I know what 5% rule capital and cut win freight means.

But I do agree with that Bursa part, getting so fed up with them, lol...then again, it's cuz of my skills and some down luck, surely others have it better.

what is 5% rule capital?

can share abit with us.

I practise the 5% capital rule when a counter is up 5% of the total capital invested, I’ll take profits. Or when it is down 5% of total capital, I cut loss..

I find it very hard to invest in bursa nowadays, good companies’ stocks are going down like buckets of water, whereas the non-performing ones skyrocketed in a day or two.

Gambler’s den!

30% because of IVV but correction in due course so you will take hit soon

Lump sum is the best if you know how to hit sweatspot of MYRUSD deposit coupled with low entry buy price point

Expected before when the 1st level hits during end of April but will go back up soon to support level and just wait for breakout now hits can start counting your gains for the year because after that will be another China Tech tightening soon

This 5% is meant for you to stay disciplined + to get rid of emotions?
I think this would be for short trades, yes?

Why is tightening in this sense good for us yea? Can you elaborate a bit on this part?

2 days holiday, are they working?

Not working as public holiday.

Finally created 2 new portfolios apart from general investing

Goal based

“Wedding in 4 years (RM14,000)”
Started with RM1,500 14% Risk
“Funds for travelling in 2 years (RM6,000)”
Started with RM500 10% Risk

My first time withdrawing simple to my bank account, last Friday give instruction today received. Acceptable for me.

There is no right or wrong, but according to Peter lynch your strategy will never exceed 5% gains.

Anyway if you dump your individual stocks into stashaway, lose 5% in the short term, see that your original Malaysia stocks go up, then sell StashAway, and go back to stock picking, then lose another 5% due to random market movements in the short term, repeat another few cycles and you will get poor rather quickly in a bear market (beware, we are now definitely not bullish).

While i agree o some extent klse stocks are really suffering I won’t advise to do any further selling once you are in StashAway.

Tightening means that regulation in place and no more bad news in near term by CCP

BABA price is already stabilising while Tencent and Baidu just a smattering small level to buy in again

China tech tightening already happen since March just that no one bother about it so to those who buy into KWEB at 80+ level at that time will have endure at least by early next year to regain the price level

At high 60 mid 70 would be the current fair value for KWEB unless more good news to come

Anyway SA exposure to KWEB max 20% won’t affect a lot unless to those who buy in at 100+

There is no such thing as a correct bottom for stocks. Just recently meituan also drop due to irrational stock holder behaviour. As long as this persist, expect more pain, more red. All we know is China Market just go go sideways and down.

Actually a lot of oriental funds allocate a lot to alibaba, tencent, taiwan semiconductor.. TSMC also facing pressure due to the global chip shortage...

Thanks for your explanation, appreciate it.

I will be going very long term with StashAway, I know about the risks of it but SA is for me to invest at least 10 years. I was in red last year in SA, but didn’t sell because I believe it serves as a long term investment/savings.

Bursa to me is for short term trades hence why I practise the 5% rule, which does not apply to SA. Holding SA for retirement purposes.

2k of profit already wiped out, maybe another 2k after the update today.

This reminds me of 2018. In times like this, i try not to look at my port performance frequently. Maybe every 4 months. This helps to calm me down and for me to make better investment decisions

You do you. For me i am ok to look at my investment since i have experience it way back in 2008 as well other than 2011, 2018 and 2020. 2008 was way more painful due to how deep it is and the time it takes to recover. It is better to take a look at the market so you dont miss any opportunity when it comes.

Withdraw from US market back on monday for my invesment using epf-mis in PGSF but not withdrawing from US heavy SA port.



This post has been edited by backspace66: May 13 2021, 09:37 AM

I just do the monthly DCA. I don’t have many bullets to pump when I think there is down. Most of the time i pump too early. Market timing is just too hard

but that profit out of your shown graph and profit... supposedly only a small sting?