(24-01-2011, 04:50 PM)newborn1000 Wrote: Now, I plan to buy during recession + Actuarial approach........
(Less on FA, less on TA-----Pros, same as above + sell signal is when I double my money or TA says sell for all indexes.......Cons, I will tell you guys 5years later......lolx)
This is not an original strategy, I was inspired by one of the greatest investors in this world.....Sir John Templeton.......
Visit this link for his story....... http://newborn1000.blogspot.com/search?updated-max=2011-01-19T11%3A20%3A00%2B08%3A00&max-results=1
No point trying to maximize gains using TA & FA.......... we all seen how people (including yours truly) trying to outwit the market etc.........both method works but, all on great "transaction cost" (Years of effort spent,time,energy)
Just my 2 cents worth.....since 2006.........
Great Strategy! This one confirmed make money ! I did just that though I DCA too long (took around 6-8mths) to get fully invested to my percentage. Next recession, I hoot equities and properties in short time, cannot DCA so long.
To add on, if people dare not hoot individual stocks during recession, then the safest and CONFIRMED GUARANTEED CHOP way to buy during recessino is to buy the STI ETF. No company failure will bring your investment down the drain.
The video is indeed inspiring. As you can see, Maslow's Law come into play, once you have enough money to cover the basic needs, self-actualisation becomes the ultimate goal (to do good to society as an individual).