The email address in "Contact AK: Ads and more" above will vanish from November 2018.

PRIVACY POLICY

FAKE ASSI AK71 IN HWZ.

Featured blog.

1M50 CPF millionaire in 2021!

Ever since the CPFB introduced a colorful pie chart of our CPF savings a few years ago, I would look forward to mine every year like a teena...

Past blog posts now load week by week. The old style created a problem for some as the system would load 50 blog posts each time. Hope the new style is better. Search archives in box below.

Archives

"E-book" by AK

Second "e-book".

Another free "e-book".

4th free "e-book".

Pageviews since Dec'09

Financially free and Facebook free!

Recent Comments

ASSI's Guest bloggers

Wait for a big crash to pick our durians?

Saturday, August 26, 2017

Reader:
You have been through the times when you got stocks w div yield of 10+ or even 20%..

Why are you still keen to pick up stocks at 3-5% now?

Isn't it easier (and less work) to just wait out for the next crash to pick your durians again?

It shouldn't be too long from now right...?




Now, this was a CRASH!
Did anyone predict this?
This is what insurance is for.
It is for if a CRASH happens.

Our war chest is an insurance!
..




..

AK:
I cannot predict what will happen. 😞

Some people have been waiting for years for a big crash.

I will keep investing but keep a war chest ready. 

There will always be opportunities, bear market or not.

Just have to be careful so that I don't get killed by falling durians. 😛





Related post:
Make $1 million investing for income.

3 comments:

AK71 said...

Loke Oilin:
Yes when DBS was trading at 14 plus sometimes back my friend said will only buy when DBS crashed to 8 dollars in the next GFC.Well...hmn.I did not buy blue chips yet as my focus is on small and mid caps...well 8 dollars...hmmn.But GFC not yet happened leh..And DBS is now...hmn

AK:
There is a lesson in this somewhere.

2016 FY passive income from non-REITs.

AK71 said...

Invest Sg:
What wld be a good percentage of dry powder cash to hold in current market condition?

AK:
Aiyoh. Dun give me stress. My cash position now very high after CRT and Saizen delisted... :(

AK71 said...

Chris Lim said...
These few days I have been scanning through this blog digging out the hidden gold beneath tons of pages and comments.

Would it be ridiculous to think that I would need to spare about 10 years before I see the next mega bloodshed in the market?

I mean before the GFC, were you simply hoarding cash (beside doing trading once a while) in anticipation for the next crash? (GFC in 2008/9; Asian Financial Crisis in 1997)


Blogger AK said...
I cannot predict.

I can only prepare.

I am always invested but I also have a war chest ready. ;)


Monthly Popular Blog Posts

All time ASSI most popular!

 
 
Bloggy Award