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ur welcome.
you must ask your self this v. impt qn, do you want to protect your own assets?
Fund manager will only tell you news when its already too late to react, they won't put (100%) interest in your money.
Waiting for the storm to pass without monitoring it yourself is a very dangerous thing to do.
mushdream ( Date: 06-Oct-2011 00:18) Posted:
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hi medivh thank for ur advise. actually thought of taking out half ( to buy property next year )and let the other half roll for my retirement. i am now 35 years old. the market now is so violate and there are so many school of thoughts. some say as the tops guys are monitoring and reacting, there will be no recession, some say now the storm is brewing for a recession.
hi hulumas . actually ur idea of buying more when it is now low is pretty valid as my fund manager did suggested that too so when it recover , the overall fund will recover faster. of course they sounded if it will recover that soon.
sign really confused on which path to take as after all i have engaged a fund manager to help me manage this fund but feel so helpless at the same time.
Considering, downward risk to potential reward ratio is no longer appropriate to cut loss at this moment, unless you need to utilize the money or subjected to force selling act!
tanglinboy ( Date: 05-Oct-2011 19:24) Posted:
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Hope is an indulgence I don't have time for (sounds familiar??)
Personally, I wouldn't go against the tide (tsunami will come, matter of when..)
You need a plan on when to cut loss or when to take profit
Cause you won't know how long the bear will stay and whether the bulls are going to be back to help recover back.
IMO, cut loss is impt.
hi tanglinboy
i guess i just have to let it roll . just hope the bear dun stay too long.
thk anyway
Hulumas, that's real evil advice.
mushdream, if you say that you plan for medium to long term, then you have to ask yourself if the reasons why you bought the stock in the first place still exist in today's climate.
Hulumas ( Date: 05-Oct-2011 19:03) Posted:
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Buy more!
mushdream ( Date: 05-Oct-2011 18:58) Posted:
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hi guys i need some advise . i have invested heavily in http://www.bloomberg.com/apps/quote?ticker=PPI7GLS:SP one year ago but few months ago just like other stocks , it drop quite alot.
this fund was mean for med to long term . but knowing that it may dropped further i dun know if i should take out half to minimise the further lost or let it roll for a long long time .
being bothering me lately .
hope some kind soul can advise
cheer