KLCI
I have heard some people are saying that the bull is dead and soon the bear will take control. However, based on logical and simple observation, i would resist the view. There are not any strong signal showing the turn of the trend or the dead of the speculation era. I do admit the level is high for some people but, ultimately, how high is high? Disregard those rumors and concentrate on fact, as long as there is no any valid signals on the technical or fundamental side, hold is still the best option!
2 comments:
The question is not hold or not. The question is how much to hold?
I will point you to the 20/80 rule. In good times, hold 20% cash, 80% stocks. In bad times, 80% cash, 20% stocks to wait for good times to buy. In current times, I believe it is somewhere in the middle depending on the risk aversion of the person.
Post a Comment