unker

but risk adverse can stomach the risk involved in investing in crypto?

withdraw and then buy back again? if yes, when? when dip again? what if the dip is small and it is on its way up?

dunno how many times must we revisit this.

lazy wanna explain so much.

just keep calm and DCA

wow salute you for going through the 700 pages.

I think there was one there where Stashaway MY has this glitch where it emptied some depositors' accounts, you can skip that one too, easily 20 pages there.

close to 33% gain for a 2-year period.

you sounds like you have a crystal ball.

what's the 4 digits covid number for today's new cases?
since we dun have number forecast operating right now.

what was your risk index?

you declared when you register for the account.

isn't it a relatively good time to invest more?

then best thing for you to do would likely be moving out from SAMY and do it all yourself.

DIY > via interactive broker and you get to save a lot on fees too.

No idea why thoooo

imagine when you see a banner in front of your favourite shop.

Everything must go, 50% discount storewide.

What would you do?

if you've been this long enough, for like 2 years or more.

I doubt your portfolio would even show losses despite this supposedly "huge losses or drop" that you have been complaining about.

so again, time in the market > timing the market.

you are right.

price is what you pay, but value is what you get.

bet it has been bounced back to stay at an invincible level LOL!

huge dip + pay day

Good? no good? what do you think?

haha yes, already start shooting some of the bullets I have to pick it up.

of course, to manage the risk, would also do DCA to spread it out, just in case if it goes deeper (which I'll be more than happy) to pick up further.

My take la, just my take, if you don’t agree, please do not bombard me.

I just don’t quite believe China will destroy the companies they painstakingly regulated to grow so much. Right now, it is a sector wide sell-off and technically speaking, nothing has changed on the fundamentals of the affected companies.

Meaning, everything that is falling could likely also be due to fear, no rational meaning as to why the stock price is like that other than fear.

If you ask me, this is a good chance to go long on china heavy etf or those stocks. Meanwhile, I’m going to load up a bit more of Baba etc.

Honestly, despite the supposedly hugeeee dip, my SAMY portfolio is still in a very very respectable level of gains which the portfolio are able to withstand, again, I am on the “time in the market > timing the market” camp.

Will be more than happy to topup more, capitalising the opportunity when everyone else are throwing. Remember the famous phrase? Be greedy when people are [ ]?

The above is just my 2 cents opinion.

in 2018, China has changed or imposed the law similar to such. how did that turn out to be?

tencent dropped 40-50% due to that change in the law in gaming or something, but they are still continuing to grow to where they are today.

At the end of the day, tencent and alibaba were growing at 30-40% pa.. I think it's fair to say, after they get to this size, they will have to be gaining on a more sustainable way going forward.

It's ultimately also the investors' expectation has played a part in the drop.

This post has been edited by tehoice: Jul 28 2021, 05:41 PM

Thank you.

Just to further elaborate a little.

Amazon is selling USD300bn worth on its platform yearly. Whilst, Baba sold USD1 trillion worth on its platform.

Even if there's any crackdown and Baba would certainly still be able to recoup very decent ROE (vs its' own ROE prior to the crackdown).

Investors look for certainty, for sure, but there's no clear path at this moment and hence the sell-off.

I just attended this talk organised by Citi US/HK, where they share their views on this China/HK Update on Regulatory Concerns (just finished 5 mins ago).

In a nutshell, this is a short-term regulatory reform, but what China is doing is for the long-term gain, especially for the B50.

Now it is definitely a good time to plant the seeds for China equities for those who have none or very little exposure, or at least have a certain meaningful exposure.

The speaker also added, more than often if there’s any correction due to regulatory intervention or similar risk then this would be a good time to invest in it (this is what they would do for their ultra rich clients).

The moderator also added: 5 years ago, there were 100m population in the middle class, but today there are 380m in the middle class, so it is for the long-term benefits at the expense of this short-term pain.

You may not need to buy now (today or tomorrow), but it should be from now....

Speaker:
Jason Jin, CFA
Senior Portfolio Manager, Citi Investment Management

Moderator:
Daniel Chan
Head of Asia Citi Investment Management

You can google about them and let me know if you wish to reach out to them, I can help connect you to them directly if you have any questions.