Others   

Answer this question and carry out the answer.

Economy take time to recover or even years whereas stock is driven by news

Stock always recover ahead of economy.

Best of luck to all.

 

Sifu's wise words are good and sound...but few will relish.


    Because human nature is such that when the market rises,

            they will buy because of the " bullish-all-over' feeling

                  (aka euphoria) rather than selling. This is the most

                        common cause of big losses...

 

One question, is this euro debt crises can be solve?? yes or no??you arrive at your answer and carry out the necessary action fast to your financial investment fast,   For if you don't and it implore, you are going to see your investment   at much low value than today.

I know most of you out there have your investment down by 30 to 40%, but now there is a relief rally, use this rally to sell to strength . I know it is not easy, because one can never sell at the top to minimise our losses. But it is still better than even greater losses later, if all hell break loose. I know this is a difficult decision to make, but what choice have we got, since you are already stuck in this mkt?

  Whether this new euro states agreement would put an end to the debt crisis remains to be seen. Apart from the debt crisis, all the austerity measures implemented in the euro zone may also undermine the growth momentum especially in weaker economy. Recent economic data released in Europe has shown big decline in manufacturing and services sectors and threaten to slide back to recession. If this happens, it will send another shockwave around the globe again.

 

One thing for sure, the debt crisis is not over yet and the road to recovery is still far and uncertain!

Make your decision now when there is a rally to get u out of even greater losses, euro problem it just too big , i know someday   it will be history, alot of economic or investment guru call ppl to look beyond 3 to 4 yrs horizon, this is just plain self consolation. For this euro are not lehman, or bear stern, it will be at least some 10 yrs!!! before all hell are over.

When you sell out now that does not means you are writting off your vestment, you are simply side line and wait for an golden opportunity in the future when you can buy at even more lower px then today, thus you will   end up with multi bagger profit, I do that during the 2008 crises with beautiful result. 

Come let discuss what are your decision here in this thread, I like a second opinion,..thanks you in advance. 

P.S,, as of today, i have sold out of mkt, both CPF and cash side since August.except for trading position that are on going.