to me crash or no crash, is still no difference. if crash, my shareholdings(but value may drop) increase due to effect of using dividends to buy more shares at depressed prices. if no crash, is still biz as usual, albeit shareholdings increase(value up) again due to effect of compoundation.
this to me, is a less stress way instead of watching market ups and downs. and over time(ie 5-10years or more), my portfolio will inevitably grow via shareholding increase and value per share going up.
have passed through a couple of crises this way.
sort of auto run portfolio-enjoy life.
i have been watching the market everyday but just watch only almost all the times. Same action may not mean same reaction to each of us. i don't watch only maybe when i am on holiday.
Just like i am here watching and "listening".
when u all say crash will buy
like that how much % of your portfolio is in cash?
(14-10-2013, 02:55 PM)ForeverAlone Wrote: [ -> ]when u all say crash will buy
like that how much % of your portfolio is in cash?
You need to assess your portfolio and position it accordingly to your own risk/reward preferences. What gautam meant was to hold dividend yielding stocks and reinvest through a dividend reinvestment plan.
For me personally? As i still find the probability of a default to be remote, i hold stocks that might be at risk in such a scenario. In the event of an actual default, i would probably sell first and ask questions later. I have cut leverage to 0 and maintain a decent cash buffer though.
(14-10-2013, 02:55 PM)ForeverAlone Wrote: [ -> ]when u all say crash will buy
like that how much % of your portfolio is in cash?
I am roughly one third in stocks, the rest (- sitting somewhere, collecting a bit of interest) waiting for a crash (in the near/far future - who knows?).
Small crash, buy a little. Big crash, buy a lot. Crash until everyone starts reading "Intelligent Investor" again, pawn my house and dump in every cent.
From monthly salary, the unspent portion also goes to some blue chip dividend-paying stocks -- just to cure the itchy fingers.
As always, stock market climbs a wall of worries. Few years from now, STI may reach 5000. Then I will ask, "Why didn't I buy more in 2013?"
US futures now super red, too bad today holiday
with only 3 days remaining to the debt ceiling it seems fear will pick up as we go closer
Did not know there is a holiday today?
no deal yet the US market rallied... I dun understand man