Posts: 227
Threads: 0
Joined: Oct 2010
Reputation:
2
What is fueling the bull?
Posts: 3,474
Threads: 95
Joined: Jul 2011
Reputation:
17
Is it really a Bull market now? STI index is still below 3000. But it's a little strange to me. Most of the "major' stocks' prices have gone up more than usual compare in the past few weeks or months . Some even reach or exceed their 52 weeks' high. Alamak! i have sold some of my stocks too early leow.
When most people think it's a bear, then it's a bull. And vice versa. i think that's how retail investors are being "manipulated". i am not complaining as i still have profit to be realised. Well, who can time the market? No, not me. (My 2 cents).
NB:
i had seen unbelievable, euphoria high bull market but i had always sold almost everything, too early. It is really hard for me not to sell when there is a moving bull market.
WB:-
1) Rule # 1, do not lose money.
2) Rule # 2, refer to # 1.
3) Not until you can manage your emotions, you can manage your money.
Truism of Investments.
A) Buying a security is buying RISK not Return
B) You can control RISK (to a certain level, hopefully only.) But definitely not the outcome of the Return.
NB:-
My signature is meant for psychoing myself. No offence to anyone. i am trying not to lose money unnecessary anymore.
Posts: 4,958
Threads: 1,349
Joined: Sep 2010
Reputation:
36
Well I don't understand why markets keep going up either. Then again, since I invest based on valuations, it shouldn't be too big of an issue. For now, I just wait.....
Posts: 3,474
Threads: 95
Joined: Jul 2011
Reputation:
17
(11-07-2012, 09:59 PM)Musicwhiz Wrote: Well I don't understand why markets keep going up either. Then again, since I invest based on valuations, it shouldn't be too big of an issue. For now, I just wait.....
O. K. So when will you consider to sell your stock? At what value you think or the market think? Or some other "yardstick" or numbers? Surely you should have a chance to consider to sell your stocks for some capital profit?
WB:-
1) Rule # 1, do not lose money.
2) Rule # 2, refer to # 1.
3) Not until you can manage your emotions, you can manage your money.
Truism of Investments.
A) Buying a security is buying RISK not Return
B) You can control RISK (to a certain level, hopefully only.) But definitely not the outcome of the Return.
NB:-
My signature is meant for psychoing myself. No offence to anyone. i am trying not to lose money unnecessary anymore.
Posts: 1,348
Threads: 42
Joined: Mar 2011
Reputation:
87
Those are very funny cartoons!
Posts: 2,300
Threads: 27
Joined: Jul 2012
Reputation:
41
Just a question i have.
Is starhub still a good stock given it now trades at a PE ratio of 19.7 and forward PE of 18.2 (assuming 8% earnings growth). With a yield of 5.5% and a payout ratio close to 100%. Or is everyone rushing into teleco stocks for safety against bad economic conditions and creating a bubble in these stocks?