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.
Loke Oilin:
ReplyDeleteYes 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.
Invest Sg:
ReplyDeleteWhat 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... :(
Chris Lim said...
ReplyDeleteThese 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. ;)