Jul 29 2009, 03:33 PM
QUOTE(Neo18 @ Jul 29 2009, 03:17 PM)
when to sell stock is a very big question for me.
I have finally found out a very simple formula to my selling.
I will let BANK NEGARA tell me when to sell.
- If bank negara raise interest rate, means they forecast that economy will/has stabilise and hence need to control inflation. Tis is a q for me to sell.
As of now, I will hold on to ALL my stock until Bank Negara decide to raise the interest rate.
i think your reason is more likely because your stocks are leveraged, higher interest rate would translate in to higher cost of borrowing..I have finally found out a very simple formula to my selling.
I will let BANK NEGARA tell me when to sell.
- If bank negara raise interest rate, means they forecast that economy will/has stabilise and hence need to control inflation. Tis is a q for me to sell.
As of now, I will hold on to ALL my stock until Bank Negara decide to raise the interest rate.
lowering your ABP & proft?
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