Not sifu la bro, I'm just a small fry trying to get by, so yes I do DCA.

I've also withdrawn a portion of funds out when it starts dipping and will be allocating more cash/FD in my portfolio just in case.

Then you have nothing to worry about if you can handle such volatility. Bitcoin just went from $9k to $8k last night. Are you holding some for long term or just purely trading?

Monday crash, Monday evening Trump is going to announce magic sauce to stimulate market, Tuesday go up a bit, Wednesday down again, Friday go up a bit... repeat over and over. Lol!

Tomorrow is going to drop again.

The Bear has finally arrived after 11 years. The shortest bear lasted 3 months, last bear lasted 1.5 years.

Plan accordingly.

Did any of you receive a call from SA?

As expected. Thursday pumped in $500Billion, Friday $1Trillion and now another $700Billion... they are going to run out of cash, how long can they keep doing this? I really dont know what to say...

This post has been edited by cucumber: Mar 16 2020, 06:19 AM

Haha, that's pretty smart. Thanks for sharing!

If I were you, DCA RM2k every week for one year.

*On a second thought, I think this is a really personal question that only you yourself can answer. It depends on so many factors, your net worth, your goal, your risk appetite, why choose 36%?

This post has been edited by cucumber: Apr 20 2020, 10:41 PM

Can be downloaded if you sign in with desktop browser.

Why only RM100K? Do you know where I can get more information regarding this?

Any reason to why you tak puas hati? IMHO, with the US government printing so much money, having gold is a very good thing. In fact, I was planning to invest more in gold & silver outside of SA. If you look back at 2008, after QE, gold shot up for several years. S&P500 on the other hand is looking very shaky now, we might have another leg down... it seemed to me like the "FED pump" is losing its steam (struggling to break the 0.618 retracement level). It is not as effective anymore for the past 2 to 3 weeks. Also many big time traders and investors have started to dump their stocks (Buffett for example). I think I would be more worried if SA don't allocate more to Gold and other things.

Pretty cool if we could park our money in Simple & auto DCA to SA main portfolio... only complain is the processing time I guess.

For me, it's the convenience & safety because it's backed by SC, SA already figured out the allocation % for a well rounded portfolio, I don't need to mess around & waste my time on doing the allocation myself. I also wouldn't want to lum sum my 100k, SA makes it very easy for us to DCA a fixed amount. Besides 0.8% fees is not exactly high compare to other options imo. Our boys at SA gotta eat & put food on the table right, so I'm more than happy to support them, they are doing a great job. It's a win win. I would hate to see them going out of biz.

US shares I would have to buy from sites like IB or TDA, a bit troublesome la have to use Sg bank account, do instarem transfer & whatnot... I just don't feel safe putting a large amount on those sites, maybe I'll change my mind later down the road. I'd use them for trading & maybe hold a few stocks that I like.

It'll be cool if they include BTC in their products.. I'll definitely be interested.

I dont mind if they split the gold & allocate a little bit into btc, we all know well btc performed over the past decade. Or maybe include it in a special portfolio like you said for ppl who are comfortable with crypto.

This post has been edited by cucumber: Jan 15 2021, 11:26 AM

https://dcabtc.com even if we start DCA at the highest peak of BTC of 2017, we would have made a positive return after 2 years. Gold performed poorly and dropped 40 to 50% from 2011 to 2016 too.

BTC is very volatile so you can't have too much in your portfolio, 0.5% to 2% makes sense. Anyway this is out of topic.

The market is at all time high, a correction could come anytime from now. I personally would just DCA. I park my money in SA Simple and auto deduct from Simple account to my portfolio every week. Safe and simple.

This post has been edited by cucumber: Jan 19 2021, 06:11 PM

Not disagreeing with what you say, but DCA is a risk management strategy.

I've personally have experienced my stock portfolio dropping 30% because i got in the wrong time, I was inexperienced at that time... and it's a terrible feeling to have, feeling anxious all the time & couldn't sleep at night. I realized I'm no warren buffett, so for me I will never do that again unless I'm trading & have the ability to set auto cut loss. To each his own i guess. Some ppl can handle it some ppl can't.

Gold is at the support price, correction should be almost done and will rebound soon. Gold rallied for 3 years after the 2008 market crash, if history repeats itself we should see Gold to continue to go up this year. I wouldn't worry about it.

The 200 day EMA has been acting as a strong support for the past 2 years. At one glance it seems the price is consolidating at this area and getting ready to retest $1960 for the third time.

But looking further at the weekly chart, it seems like it has formed a very nice Cup pattern and *if* it is forming the Handle now then it might go down to $1700+ range. IMO, it is a Bullish sign for Gold in terms of TA.