Stock which u think is good to buy and go long in the next crash

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#51
(13-09-2013, 11:18 AM)Janjansen Wrote:
(12-09-2013, 05:19 PM)Jared Seah Wrote: I thought late 2008 and early 2009 was the crash?

I guess it's hard to squeese the trigger when prices keep moving up.

Do let us know if you decide to throw in the towel and bite the bullet by buying.

If and when I throw in the towel and start buying, it could only mean that the real crash is coming. Despite my best efforts, whatever stock I buy usually suffers price drops after my purchase. And it seems that the longer I wait before buying, the sharper the price drop.

I have been waiting four years. So trust me when I tell you that the price drop will be EPIC when I make my purchase after such a long wait.

I also have that view before.

Until I realise that I am a speck of dust in the universe.
"... but quitting while you're ahead is not the same as quitting." - Quote from the movie American Gangster
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#52
(12-09-2013, 03:19 PM)Janjansen Wrote: I do not think a crash is coming

Been waiting for a crash since 2009, still waiting until now, not sure have to wait how many more year. Meanwhile, my money is in the bank getting eroded by inflation. Sad

What kind of returns are you targeting? And is it worth it on an annualized basis?
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#53
Companies backed by physical assets, low debt and predictable (non-cyclical) cash flow (conservatively estimated) would be the ones to stick with.

Some REITs are starting to look attractive.. Hmm...
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#54
The 'Wait-for-Crash' investing approach is an offshoot of the Value Investing approach of buying $1-at-50ct and perhaps more closely identified with Warren Buffett.

IMO, it's more suitable for those who has more-than-enough money for their regular living expenses, either from working income or cash savings. For the rest of us, it may be more worthwhile to spend the time to hone up our skills on asset allocation, stocks analysis, selection, buy/sell/hold strategies....

If and when the crash do come along, hopefully, we'd be sufficiently able to react accordingly and not just freeze there. ...Big Grin
Luck & Fortune Favours those who are Prepared & Decisive when Opportunity Knocks
------------ 知己知彼 ,百战不殆 ;不知彼 ,不知己 ,每战必殆 ------------
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#55
If a crash like 2008 happens now, I think you don't have to be too picky. Any respectable blue chip company is a good buy- banks, real estate, telecom, you name it. The problem is whether you still have the cash left to buy, and whether you dare to do it.
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#56
(13-09-2013, 11:18 AM)Janjansen Wrote:
(12-09-2013, 05:19 PM)Jared Seah Wrote: I thought late 2008 and early 2009 was the crash?

I guess it's hard to squeese the trigger when prices keep moving up.

Do let us know if you decide to throw in the towel and bite the bullet by buying.

If and when I throw in the towel and start buying, it could only mean that the real crash is coming. Despite my best efforts, whatever stock I buy usually suffers price drops after my purchase. And it seems that the longer I wait before buying, the sharper the price drop.

I have been waiting four years. So trust me when I tell you that the price drop will be EPIC when I make my purchase after such a long wait.


Janjansen,

I raise my glass to you. Cheers!

You're a good sport!
Just google singapore man of leisure
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#57
if sti crash 10-20%, would any of you guys just buy the index? the sti etf?
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#58
For me, if really 10-20% crash, the STI ETF would become attractive.

But still, I doubt I would buy it. Reason is because I do not want all the 30 companies in the ETF, for example the commodities or telecoms or whichever property developer.

Then the other ETFs seems too complicated and troublesome for me to calculate the pros and cons.
So in the end I most probably would just stick to buying the individual companies themselves.
Patience is a virtue.
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#59
(13-09-2013, 12:19 PM)valuepunter Wrote: What kind of returns are you targeting? And is it worth it on an annualized basis?

5% return p.a. from dividends

Must be bluest of the blue chip i.e. government owned GLCs such as Singtel, SIA, ST Eng.

Very worth it, decent returns and and allow you to sleep at night

Unfortunately, such returns are not possible at current market valuations. So I continue waiting......

(12-09-2013, 07:57 PM)BlueKelah Wrote: If you are totally 100% cash position, I would advise to step in with 10% whenever there is a 10% down Big Grin Usually crash is sudden happens over a month or two and its down like 40%. So if you buy in whenever there is a sudden drop you can average down into the market and as no one knows where is the bottom you will still have buy in power even if market down 60%. The last 2008/2009 lows are a good level to estimate how much you want to have in reserve.

Thanks, this is sound advice
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#60
(13-09-2013, 04:35 PM)Janjansen Wrote: 5% return p.a. from dividends

Must be bluest of the blue chip i.e. government owned GLCs such as Singtel, SIA, ST Eng.

Very worth it, decent returns and and allow you to sleep at night

Unfortunately, such returns are not possible at current market valuations. So I continue waiting......

If the expectation is 5% dividend yield from GLS e.g. SingTel, than you may able to get it without a market crash.

E.g. SingTel's share price dropped below $3.15, around Oct 2012, after Temasek unloaded its stake. The dividend payout in FY2012 was 15.8 cents. The dividend yield was 5%. The TTM dividend yield was 5.3% base on cost, with 16.8 cents TTM dividends.
“夏则资皮,冬则资纱,旱则资船,水则资车” - 范蠡
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