Monday, October 13, 2008

CURRENT MKT

Attended our client seminar last sat, 11/10.. i must say its a Great Success! My favorite fund manager gave a powerful presentation.. She showed how mkt drop since 1972 till now.. there's few big DOWNs n of cos have UPS... all we need is to wait.. So currently i will not do anything to my funds..

In fact, last yr, i investmented quite a handful of $$$, then this yr, ALL value drop to half only.. Cash oh.. heart pain abit bit.. but is ok.. For current situation, BEST is to switch to a more stable fund then wait for mkt to pick up.. dun cancel ah.. lose out.. In fact, now the "real" value (valuation) of funds is rather low.. maybe will be lower but i wont know when... so its really a good time to buy into some low priced funds.. I'll do some top ups every few mths to balance out my overall portfolio oh.. Its call "dollar cost averaging".. Heee...

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