sigh.....you guys are so energetic, even in such a pathetic market.
I am so listless already,  even Dow up I feel numb. Dow up, our market still bearish. Imagine Dow down, our market will trend even worse...!
Our stock market volume is so poor, no volume means lower chances of recovery. Worldwide, fund managers' cash are lacking, I don't think when global recovery takes place , they are going to invest here first, we will be one of the last, just like 2 years' ago's boom, KLSE was always  playing catch up . So, this time when worldwide recovers, ours will catch up lagging behind 2 years. I need to prepare myself mentally to hold at least 5 years

My hands so itchy la. Been on the sidelines for almost 2 weeks now. Plus Monday holiday. So boring.

Heard from my friend who has investment in Unit Trust that he has lost between 30% to 60% from different funds this year. This has more or less wipe out all the gains that has been building up over the years for him.

I guess UT is for you if don't have time to monitor or want exposure to markets otherwise not avaliable (like those china funds)

If compared to some fundamental good stocks, then stock outperform UT generally.

As one major disadvantage of UT, is its management fee. If the stock you hold not rising, then you breakeven, but in UT, due to the management fee, you will lose 1.5% annually, so if the stock is not moving 10 years, then in stock, you breakeven, in UT, you lose 15% already, no including initial service charges of 5% compared to 1.5% commission of stock trading.

UT portfolio is more diversified, so it will normalise both upside and downside. You holding 2 to 3 stocks in your hand, if those stocks surge 50%, then you gain 50%. But in UT, they have bunch of stock in their portfolio, 2 to 3 stocks surge 50%, won't able to result the fund gain 50%, as there might be other perform not so good or bad one, so other will normalise it which result fund only gain 20-30%.

But on the downside, if your holding stocks drop 50%, then you loss 50%, but if the UT portfolio is diversifed enough to have some stocks that are still performing quite good, then the fund performance might loss only 20%.
But currently, it is not the case in most funds, as recent stock market plunge is worldwide and across.

Only a handful of stocks are able to offset in recent downturn, locally and typically like BAT, F&N etc, which one hand finger already enough to count.
But the main problem and issue in stock & UT comparison is the stock pick, if you pick the wrong stock to invest then it could be a lot poorer than UT.

So can't totally which one is better, stock pick is the key.

Just my 2 cents.

if u hv extra money and plan to keep long term now really time to accumulate ur shares

---

Added on December 9, 2008, 5:05 pm
thought u got KNM rite .. avg it down?

Made peanuts only today ....

My resorts oso drop.. should have sell earlier when i noticed the selling pressure but i put too much confidence on
Resort huge cash support. Need to see how much lower it can go bfr i buy back some to average down.

Cheers,
v_viper88

me have PBBANK.

and it is going to announce dividends in the upcoming Jan 09

so shoot ur bullet now .. offload ur bullet at feb .. than sit there watch market

Hello guy, soalan bocor already lah. where got market will expose such the clue for u to earn the $$$ one. 

Anyway, the rally is quit certain, but will not follow the time table as expected. Be well prepare. my advise is dun do daily trading, monthly trading is still ok. this will train ur patient and digest more good or bad news b4 enter or exit in/from the market.  

Which good stocks you think are good to buy ?

In my opinion, Resorts is not a defensice stock, counter down and nearly lost 40% from its peak this year and  its lowest was 2.14 and seems like no decent dividend is paid out all the while. And it has suffer from the global recession as the visitors arrival may decrease in future

As for good value stock, is Air Asia in this category, as it is a cyclic stock where always triggered down by the fuel hike factor.

What's a "bear rally"?
I know bear means stock market will drop.
A rally usually means stock market will go up.
A bear rally means...up or down?

A bear rally means the market is rallying upwards as a correction while remaining in a bear market.

My tips for forumers:
(no you guys don't have to pay me a dime if you made money)

LONG financials, long commodities, long euro, long carry trade.

Dow to rally to 9500-10000 end of the month. Mark this post. You hear it from me first.

Hope it will effected KLCI too ..