Unker know some people like FUNdaMENTAL. Unker called it "FUN with mental". Don't get Unker the wrong way. Fundamentals work during normal market.

When the party ends, all asset correlation goes to 1 in early stage.

Unker seen it with both eyes during 97 crisis.

Great asset selling at shit prices. No one have money.

Unker met a Professional Engineer with IR during the 97 crisis. He has a Master's degree too. Highly experience and qualified. Jobless and have to sell insurance. Unker also suffer but luckily, oil palm doing well. Unker bought some insurance from him.

Unker hope more young fellas can benefit from Unker experience and become richer picking up great investment at bargain next few years

This post has been edited by boyboycute: Sep 11 2024, 05:10 PM

For a starter, don't get financial advice from anyone including Unker.

Be really good in whatever you are doing now.

Once you're ready, start your own business. Don't become employee for Life.

Take risk and work for 12 to 16 hours.

Save your money in EPF. Don't trust any Guru

Since your capital base is small at 30s, keep it to invest in your own business. Or just keep in EPF for safety.

With most assets at all time high, there's no undervalued stuff to buy. Unker wouldn't advise you to build a portfolio now.

There's time for everything. There's time to plant a tree. There's time to harvest them. Now, it's not the time to invest in anything yet.

Wait patiently . And then, pounce like alligator

There's no thread for old farts like Unker to chit chat on finance. Kopitiam is too crowded.

Unker may get suspended again.

Unker can see many crystal balls here.

Just don't keep on averaging down and fight with the market.

Let everything stabilise first then go in for the big kill

Can FX gain surpass the power of compounding of EPF?

It's normal for human to do straight line projection

Continue to averaging down when the market is telling you that you're wrong is FIGHTING THE MARKET.

Unker have paid a lot of tuition fees to learn not to do that.

Hopefully, young fellas here don't do the similar mistakes and becoming bag holders.

Let the market stabilise first and start buying

They're both bag holders

Unker is glad that you didn't fight the market. Many fella continue to average down as USDMYR continue to weakened.

Unker pity them. Tried to warn them but they kept on saying long term is alright.

The phrase "long term" should not even enter the equation when investors are losing money

Be careful when looking for investment advice in Lowyat. A lot of snakes here

When u throw a dead cat from a tall building, it will bounce after hitting a concrete floor. That's what happening to SGDMYR right now. More downsides coming , possibly heading lower

Because most fella are fighting the market. Unker think they got smoked. Margin calls. Short squeeze etc

A lot of people like to fight the market now. Once Ringgit weakened a bit, they quickly convert to USD or SGD.

Unker doesn't have much time but Unker is patient enough to let the dead cat bounce.

Unker also see a lot of bag holders in the forum. Don't fight the market. Let it come to you

Let the market tell you

Unker doesn't have crystal ball except for a botak head

How much risk u take?

Kesian, budak-budak sekarang like to fight the market

Unker think u have a working crystal ball.

Everyone should ALL in follow your footsteps.

Unker continue to top up EPF for 5-6% dividend.

This is probably a good price to get out from USD and SGD to buy Ringgit

U might lose money in the next 12 months

Unker almost fell off the chair

Looks like many fellow are going to lose lots of money in the next 12 months