QUOTE(aretla @ Apr 21 2008, 01:30 PM)
erm... after some mathematic works..
it seems i have put in too much portion of my money into stock market...
roughly 30% now... will it be too high in terms of financial allocation??
It depends on individual risk appetide. There is no such thing of standard for it. it seems i have put in too much portion of my money into stock market...
roughly 30% now... will it be too high in terms of financial allocation??
I don't 100% believe in most financial advice given one like if you are in mid-20, you can alloate up to 70% into stock while if you are 50, then it should be 20%.
Hey, if I am 20 years old, but I am a conservative one, then putting 20% into stocks still fine,as it is my risk appetide. While even I am 50, I put 50% into stocks beause I am a risk taker and aware of the risk and consequences of it, that's fine too. Most importantly, you feel comfortable with it and sleep well every night. I had seen plenty of people have sleepless night even buying shares only, then it is not a right way to do.
In the end of the day, as long as you know what you are doing and perfectly understand the risk and consequences when/if it goes wrong, then it is your money, you decide what to do with it.
But remember to distinguish out the stocks. When I mentioned about stock I mean some good fundamental stock, not purely 'goreng' stock.
Don't try to play long term with 'goreng' stock, most of the time won't work well.
Just my 2 cents.
Apr 21 2008, 01:49 PM
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