I don't know if you get your financial independence through the stock market.

Maybe you come from a well off family where money is not a concern. It does not matter if market goes up or down because you'll always have money coming from somewhere to keep on Buying.

I really have doubt over your strategy to Buy and Hold at this High Market and volatile times.

Warren Buffett's Buy and Hold strategy is Buying at the Low and Hold as long as the company is doing well. Warren never ask others to Buy High and Hold forever.

Let me ask you these questions... Do you think the stock market is Low now? Is the market low enough to start Buying?

If you want to pay it forward and contribute back to the society, than tell us what you are Buying this coming 2 Days.

Talk is cheap. Show us what you really got.

Long-term holders should tell us how much money they have lost...

    In this way, newbies can have the benefit of learning something useful..  

Long-term holders should tell us how much money they have lost...

    In this way, newbies can have the benefit of learning something useful..  

I don't know if you get your financial independence through the stock market.

Maybe you come from a well off family where money is not a concern. It does not matter if market goes up or down because you'll always have money coming from somewhere to keep on Buying.

I really have doubt over your strategy to Buy and Hold at this High Market and volatile times.

Warren Buffett's Buy and Hold strategy is Buying at the Low and Hold as long as the company is doing well. Warren never ask others to Buy High and Hold forever.

Let me ask you these questions... Do you think the stock market is Low now? Is the market low enough to start Buying?

If you want to pay it forward and contribute back to the society, than tell us what you are Buying this coming 2 Days.

Talk is cheap. Show us what you really got.

Sifu iApple's post is very good.

Holding in a downtrend  is only for those rich  people who will

      not have to worry when they lose a lot of money while holding.

          But for those less well-off,  asking them to hold (in a downtrend) is not a good thing to do.

              Because one can never tell how much more they will be losing by holding on.

                  A more sensible advice is to suggest they cut loss when it is still a small loss.

you see ah.

theory wise, market can only go 3 ways

up down side. so 33% chance it will go 1 way, or 66% chance you will breakeven or go up. or breakeven and go down. so basically you got 1/3 chance to win or lose.

however, when we buy stocks, that doesnt happen! i tend to lose 90% of the time!

so unfair. don buy it go up, buy liao it go down. 100% inversely related.

iPunter      ( Date: 17-Nov-2010 21:09) Posted: Re Bladez87..      That is because you've finally realised how easy it to lose money in the market...           while it is difficult to make money...                 or break-even..

MAS widens S$ band: Source

SINGAPORE

This compares with the 2 to 2.5 per cent range that the MAS had allowed before targeting a stronger Singapore dollar in a monetary tightening policy on Oct 14, the source told

“The new bandwidth means the MAS will tolerate a stronger local dollar,” the person said.

####    strOng  S$  wIll  attract  hOt  mOney  intO  sIngapOre  Investments  leadIng  tO  hIgh  dOmestIc  InflatIOn    ####

The source, who declined to be named, did not specify how far the MAS would now allow the US dollar to fall before intervening to curb the Singapore dollar’s strength.

The MAS uses the exchange rate, rather than interest rates, as its main monetary policy tool because foreign trade dwarfs the island’s small domestic economy.

In last month’s semi-annual policy review, the central bank said it was “slightly” widening the band and steepening its slope against a trade-weighted basket of currencies.

The central bank cited “volatility across international financial markets” as a reason for the policy change, which allows the local dollar to strengthen more against the US currency.

The MAS had tightened its policy at its previous meeting in April, when it targeted a “modest and gradual appreciation” for the currency, changing its previous policy of zero appreciation.

The US dollar has been sliding against Asian currencies this year as the region’s strong economic recovery has attracted heavy investment and as loose US monetary policy has prompted investors to seek higher yields in emerging markets.

A number of Asian central banks, including the MAS, have intervened in the currency market this year but the US Federal Reserve’s decision this month to buy US$600 billion ($779 billion) in Treasuries to bolster the US economy has forced Asia to accept further US dollar weakness.

“The MAS believes interventions should only be used in highly disorderly movements,” the source said.

“Otherwise they don’t work because you can’t fight the market. Export-dependent Asian countries must learn to live with stronger currencies.” — The Monetary Authority of Singapore (MAS) will now allow the local currency to move as much as 3.5 per cent against an undisclosed basket of currencies after the central bank widened its trading band, a person familiar with the situation said yesterday.Dow Jones Newswires.DOW JONES

Move to mean that central bank will tolerate stronger local currency