
ya loh , I also started thinking about long term.. But now the market like that , I became trader liao , when have profit will take 1st, $ in bank better, anyway price will fluctuate, can always buy again if wanna keep. Those that I bought and price dropped ( e.g SPC ) , just dun sell loh...those losing $ ones I just treat them as for long term and dividend !! lol, win win situation...
Your defination of long term, is what? Dun follow the old man said 5-30 yrs sort of harvast.
U must include the X factor, ie, you age. If now u are now 50, 30 yrs down the line, u hv no tooth to bite abalone and no strength to climb even Bukit Timah Hill liao. Dun talk about visiting Sau Lim Shan in China. Be realistic.
AK opine that, under current buoyant market, best is to leave your desk, if u are full time retail investor, n go for tour. Temp, cash is king ah.
But if u want to be occupied daily, then Short or Short Long trading are your daily accompany liao. Keep small stake to keep your blood pressure low.
thanks! any recommendation on which industry or counters for consideration? well, most counter had devalue for the past 1 year. im thinkin of vested in counters for long term investment. while current situation looks bad, its alrdy a discounted price and im not smart enough to spot bottom price. thank you!
but volume quite high leh. am vested with avg cost 3.8 , waiting for it to rise back...
Nowadays ppty play is not the main game liao.
Ppty slump in its investment areas, China, HK and Aussie are not promissing.
Its 1H 08 profit was lower by 49.8% mainly due to higher revaluation gains last yr which included
the fair value gains fr 8 Shenton Way formerly Temasek Tower, lower devt profits and the absence of write back of precious provisions.
Pse call uncle Lichard for clarification, if need be.
any info on this counter? it dropped like 0.60 for the past few days.