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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.

"I cry as I see how much the price has gone up."

Reader:
Thanks for always mumbling to yourself.
Have always been looking forward to your post daily.

Since i chosen to write to you, I really must say I appreciated your writings n enlightenment most times if not all the times 'cause sometimes I also got lost with your numbers crunching off the records.




Ok, back to your latest post on "To invest or not in Centurion Corp",

After reading the whole thing, at 54c a share n dividend yield of 3.88%( taken from your calculations), even though you mentioned ,"...on Guoccoland n Tuan Sing, a dividend yield of 2.37% is still relatively decent", I'll not bite simply due to the uncertainties in the market right now with many factors like the north korea, trump, etc

But if i"d bought at the same price like you at 38c with a dividend yield of 3.37%, I may consider adding more at 54c now since the yield has increased though my base price may have gone up after averaging, believing that it's a growth stock.






I know i may miss an opportunity but I dont have a big warchest like you :) :))

The last time I read your vested interest in the above company, I've questions about is imminent expiry of its warrants n possible dilution.
Hence, I hesitated.






Now, I cry as i see how much the price has gone up :((

May I hear you talking to yourself about market directions and your holdings.

I know that one cannot time the market but dont you want to cash out since you're sitting on very good profits.

N hope to catch the next wave again with bigger warchest?




AK:
Don't cry. There will always be other opportunities. Mr. Market is not lazy like AK and will never retire. ;)

OK, I am going to show you how lazy I am again. Read this:
http://singaporeanstocksinvestor.blogspot.sg/2014/11/sell-stocks-now-and-wait-to-buy-back.html





Related post:
To invest or not to invest?


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