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19-10-2012, 11:54 AM
(This post was last modified: 19-10-2012, 12:00 PM by Temperament.)
(19-10-2012, 11:39 AM)cif5000 Wrote:(19-10-2012, 11:26 AM)yeokiwi Wrote: If everyone is waiting for crashes like 2009, 2009 alike crashes will not arrive.
2009 crash arrived simply because no one in 2007 thought there would be a 2009 crash.
STI index is still nowhere in the region achieved in 2007.
Will the crash come? definitely. How long? I am not sure. Maybe next year. Maybe ten years later.
Can I add? And when/if it crashed 40-50%, it may be from a level of STI 8000. Then it will still be higher than today's prices after the crash. Maybe, who knows? If I know, I won't be here writing.
Hi,
i think benchmark index like the S&P 500 or DOW and many others don't really works strictly this way. Maybe some "experts" can explain how Dow or S&P or STI really works?
i use to think like you too. i have read somewhere but did not record it down how benchmark index really works.
Cheers!
(19-10-2012, 11:26 AM)yeokiwi Wrote: If everyone is waiting for crashes like 2009, 2009 alike crashes will not arrive.
2009 crash arrived simply because no one in 2007 thought there would be a 2009 crash.
STI index is still nowhere in the region achieved in 2007.
Will the crash come? definitely. How long? I am not sure. Maybe next year. Maybe ten years later.
i don't think 10 years later. Because technically when the index like S&P drops below 20% of it's latest high, it is technically a bear market. MHO.
WB:-
1) Rule # 1, do not lose money.
2) Rule # 2, refer to # 1.
3) Not until you can manage your emotions, you can manage your money.
Truism of Investments.
A) Buying a security is buying RISK not Return
B) You can control RISK (to a certain level, hopefully only.) But definitely not the outcome of the Return.
NB:-
My signature is meant for psychoing myself. No offence to anyone. i am trying not to lose money unnecessary anymore.
1) Rule # 1, do not lose money.
2) Rule # 2, refer to # 1.
3) Not until you can manage your emotions, you can manage your money.
Truism of Investments.
A) Buying a security is buying RISK not Return
B) You can control RISK (to a certain level, hopefully only.) But definitely not the outcome of the Return.
NB:-
My signature is meant for psychoing myself. No offence to anyone. i am trying not to lose money unnecessary anymore.