The Next Big Crash - Are You Prepared?

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(03-02-2014, 12:52 PM)felixleong Wrote: 80/20 is good, you still have 20% bullets to fire

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 ^^
Good for you.
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.
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Messages In This Thread
It's a correction. - by chialc - 15-06-2013, 07:10 AM
Ah.. Crash lai liao - by BlueKelah - 30-09-2013, 02:58 PM
RE: The Next Big Crash - Are You Prepared? - by Temperament - 03-02-2014, 01:02 PM
BlueChip is the way to go - by chialc88 - 03-04-2014, 12:19 PM

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