Peter Lynch never says to average down.
Jack Bogle, also never really did say so. He say you can if it makes you feel better.
Malkiel also never says to buy average down.
David Gardner also never says to only buy the dips.

In fact many sifu I follow says to buy up.

All of them tell you markets are unpredictable in short term, be prepared for -40% drops on individual stocks annually and buy well, and accept it.

I suppose maybe i need to counter a bit. Just for fun....Don't shoot me I too love a discount.
1 Peter Lynch says selling winners and buying more losers (avg down) is like water weeds and cutting flowers.
1.1 Peter Lynch has said that more money has been lost, investors have lost more money waiting for the next downturn than every downturn combined has ever cost.

1.2 Warren Buffett: has talked about one of his biggest investing mistakes was not buying Walmart in the late 1980s over three-eighths of a percent in price.
2. If there is a general dip in the market - I suppose yes, its time to buy.
3. To ONLY buy during dips is a poor poor strategy.
https://www.marketwatch.com/story/buy-the-d...-it-11632245567

Sorry I feel like contrarian today.

If only the stock market is so straight forward that when you see it something down you straightaway know what to do, and if its up you also feel the same.
I have not had a day when everything I do has no doubt. If I don't have any doubt that is the day I ask my wife to check my thought process hahaha.

Why use such an inefficient broker?

IBKR, moomoo, TDAmeritrade, Tiger all can do this and you can trade at much cheaper fees.

Is MIDF even real time?

A cheaper copycat of SPY is VTI. It has even less management fees.

With IBKR you can even buy fraction of a VTI.

does SC actually provide you any safety if you own foreign securities?

Not real time, then you could be missing +/-2% of daily swings sometimes (like recently a few days ago).


Edit - sorry i didnt mean to scare or laugh at anyone .

This post has been edited by lee82gx: Nov 30 2021, 11:09 PM

investing is always an exercise in contradictions, careful when others are greedy, greedy when others are careful.
Yin yang
defensive vs offensive
Growth vs value
TA vs FA
Key is your own gut and stomach.

Hi, since I'm the bugger who ask you to do this, let me try to answer.
Yes. It is a fixed set meal. You only choose the risk index (a fancy name for a set basket of funds). The magic here whether you like it or not, is from time to time (2-3 times in the last 2-3 years) they will "reoptimize", meaning they will sell most of your holdings, and choose another set of ETF's of their liking. You can opt out you will be left out, wondering did you do the right thing.

Yes, you will see your holdings in fractional units of each of the components of the whole portfolio, like 0.1 of XLE, 0.2 of XLP etc. You will know the price you bought, for each lot if you want to, and the total holdings of each particular ticker.
You do not get to choose which particular fund you want to liquidate if you want to sell or the quantity, you can only instruct Stashaway to sell a certain amount in MYR or USD. It will then try to decide which particular fund or usually an even ratio of funds to sell. THe key is they will want to maintain the portfolio target balance / ratio with both your buys and sells.

If you regularly buy as in add fresh cash, this action alone will help Stashaway to maintain balance by just buying the particular fund that is low in balance. But randomly from time to time they WILL SELL your components that are gaining too much, above a certain undetermined threshold.

This may have happened but I am not aware it is enough to cause us to realize.

What I can say is that most of the time everything remains in pretty good balance, say 10%,15%,5% etc with many only 1-2% out of target some times. There was a time KWEB overshoot like hell due to rally and it did get more aggresively sold even when we ADD fresh money.

Is it? I must have missed out this. Thanks!

When the platform is on fire you can jump ship or stay the course and put it out.
The whole point is always look for long term, but what is the long term outlook?

Everyone has to make their own choices. In the end live with it.

I am a firm DCANoScope person. Randomly (mostly) badly timed buys.

There is a term for this, market timers are the worst people on earth haha.

wrong thread.

This post has been edited by lee82gx: Dec 2 2021, 03:06 PM

Can palantir predict its own demise and prevent it? Will it destroy the time-space continuum?

Freddy did say ERAA is AI based.

maybe i paraphrase too much - Freddy says he just executes the AI results - which I presume is the ERAA.
But AI is very broad. Any algorithm can be "AI", I could write a few lines of code to process some decision based on input parameters, but not every algorithm is as advanced as Palantir.

the soalan cepu emas is: AI or not?

just like what i said a few posts above haha...i don't really give a damn is it AI or not, I've worked with technology long enough to know its nothing special right now.

We are not in WestWorld.

Actually I beg to differ. If anything AI is just a fancy name for automation / robotic process. It is perfect for rebalancing, micro transactions, high frequency trading, that sort of thing. And I am partially in IT. It would be my first assignment to the machine, do all the menial calculations of balancing, decide on who’s having highest deviation, compile them into whole units, sell or buy and redistribute.

But I don’t run this joint and in the end, I also just speculate.

Lyn alden got suggest kweb? I actually have her paid subscription but never did see KWEB pop up. Maybe Baba, or Tencent, but I’d like to see how she mentions China as a whole or individual company.

I remember it was 20% for quite the longest time, in 36% RI.

No point to curse and swear. Losing money is part of the investment process. The lowest a stock can go is zero. If KWEB has to endure a major delisting in NYSE, it will no doubt have to undergo so much pain before HKSE can take it back up.

If it makes you feel any better my own portfolio without KWEB also lose about the same as StashAway with KWEB.

The important thing is to know your course and be confident in it. It will be YOUR effing choice from now on.

Dude, you paid StashAway to invest or buy the etf for you according to the ratio you agreed for, at the rates of daily pricing you more or less know.

If you wanna rant you might as well complain to Emperor Xi why he upend the boat. But I suspect, both will not get you anywhere.

I’m really really interested to hear if you got better idea for return or not. Let’s hear it and we consider it for take action. No point barking, we all know you have a keyboard and monitor bro.