03-02-2014, 01:02 PM
(03-02-2014, 12:52 PM)felixleong Wrote: 80/20 is good, you still have 20% bullets to fireGood for you.
I was 90/10, but now that the index has reached 3000 or less, I gonna hit 100% vested by end of this week.
The index may go lower... to say 2700, which was the level when we had the European crisis.
However I believe I do not have the ability to time the market bottom, it it goes lower to 2700 , 2500.. so be it, at 3000 I think I'm getting a decent price on the blue chips (example 11 times earnings on banks)and I would be quite confident in making at least 10-15% long term returns(say buying now and holding for a period of 3-5 years)
Cheers ^^
As long as you know what you are doing, you should have no regret. Who can be sure the market can not go even higher to 3600 or 3700 or even > within the next 3-5 years? Meanwhile enjoy your dividends collection throughout the years.
Don't worry about what others do or say is a very important principle to me. Because we are all different. And we can make money in a different ways
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.