I like this guy.
He wrote exactly what I currently hold in view,
Let me share with anyone and especially as a temporary reminder to self during this challenging times, the wise words courtesy of
Bursa Trading Ideas.Should I Bargain-Hunt Now?Posted on Tuesday, July 08 @ 00:21:01 MYT by admin
Must you buy stocks now? Are you looking for quick returns?
If the answer to both the questions above is “No”,
you should just sit tight and let the market take its course right up to December. It is not a question of buying and then risking a loss; it’s a question of whether you could get a better bargain later in the year.
Analysts have many research reports to share with you, especially during these hard times. They have all the numbers to justify their claim. Just let them do what they do best which is crunching out the numbers. As for you as an investor, you must do your very best to let chance work on your side. Sadly, many investors always miss this important rule of thumb.
Unless you are certain the stocks you buy are cheap and are prepared for more declines in price, just stay on the sideline. What is there to lose by being inactive? Of course "none" you say, but the “
kegatalan yang melampau” is tempting you to make the move.
As of today, we’ve seen prices that tempt us to use our current fund. Resorts at RM2.50 range, Tanjong at RM12.50 range, YTL Power at RM1.70 range; who could resist it? We are still resisting them but can we make it after forty days and forty nights?
When it comes to withholding, some tell themselves to reserve “bullets”; we just simply call it “fund management”. The saying that human has two problems when it comes to money is very true. “Problems when money is insufficient and problems when there’s too much”.
At the end of the day, winnings from investment are only one part of your heritage. Building a great characteristic and right mentality are the ones that would take you through the many cycles of the stock market.
-unedited.
Thank you, I'm staying here, at the sideline.
note to that buddy remisier of mine, please don't care to get intouch even after forty days and forty nights.
(wah, begitu jitu semangat ku!!!)