This blog is authored by an old multi-bagger blue chips stock picker uncle from HDB heartland!
"The market is not your mother. It consists of tough men and women who look for ways to take money away from you instead of pouring milk into your mouth." - Dr. Alexander Elder
"For the things we have to learn before we can do them, we learn by doing them." - Aristotle
It is here where I share with you how I did it!
FREE Education in stock market wisdom.
Think Investing as Tug of War - Read more? Click and scroll down
CW, you have roughly 60% in cash?
ReplyDeleteAbout there.
DeleteOne veteran has already warned me. He is 100% cash now!
By the end of 2015; Mr Market will reveal whether who is right?
BTW, this veteran doesn't blog or has any vested interest. This is definitely something for me to seriously think about it.
DeleteSo will you be sellig your remaining 40%
ReplyDeleteI am more towards neutrality if not sure e.g. 40% to 60% cash strategy.
DeleteIn Mar 2009 GFC market low; two other veterans (Not this veteran) ...
Read? Does Experience With Past Market Cycles Made Us Wiser and Profitable?
This is great wisdom!
ReplyDeleteWho is LEFT BEHIND!
I have 40% in my war chest after I expend 5% in nibbles when STI was at 2847 to suffice my itchy finger.
ReplyDeleteI think minimum 50-50% is good!
ReplyDeletei only cash 30...still better than none..
ReplyDeleteCW,
ReplyDelete"Tall people" talk differently right?
Forget an additional 5% war chest in SGS bonds about 4.2% coupon in OA account. SA is not deployed yet.
ReplyDeletebo pian uncle, you older mah. if it were me, i would prefer not to leave the cash rotting in the bank. i will do a bit more of your 2nd part of banner. so currently, with the market like that, most of cash is in bank (but not in sgd bank hor!) albeit growing, and a good portion is helping to make the market healthy and efficient. https://www.google.com.sg/webhp?q=benefits+of+shorting+to+a+stock+exchange+healthy+efficient+stock+market
ReplyDelete