Wednesday, 7 February 2018

Having War Chest And Deploying Your War Chest Is Two Different Thing!!!


Read? What was I thinking and feeling in Mar 2009 Bear market low? (2)


 Createwealth8888 till today can still remember clearly when two very experienced cyber investing kakis in the stock market who believed in their favourite and trusted Guru's view in Mar 2009 were congratulating themselves for staying very cash rich in Mar 2009. One was 90% cash and the other 100% cash!!! 
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2 comments:

  1. Rolf Suey8 February 2018 at 00:27:00 GMT+8

    Hi temperament long time no see,

    wow saw the 666 drop and come back to kay poh...

    nobody can time. But maybe better to have 2 instruments. eg if u have an instrument that when stock down, that instrument up, or vice versa..

    Then when market down, let’s say gold and silver goes up, then maybe can sell the metals to buy stocks... if metals also go down w stocks, then :-(

    just have to wait.. hahaha

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  2. Rolf Suey8 February 2018 at 21:58:00 GMT+8

    Yes the money rotting in the bank is better or maybe use some to pay down debts like housing loans etc is better than deployed for the sake of deploying.

    Hahaha.. Allen Greenspan creates the problem, now he left Fed, starts to comment on the problem he knew so well, bcos he is one of the contributors..

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