Comments on: Are you waiting for a second market crash? http://www.mypennysense.com/waiting-market-crash It's all about the penny and cents Wed, 11 Aug 2010 14:41:39 -0600 http://wordpress.org/?v=2.8.5 hourly 1 By: Penny http://www.mypennysense.com/waiting-market-crash/comment-page-1/#comment-592 Penny Tue, 06 Oct 2009 09:00:47 +0000 http://www.mypennysense.com/waiting-market-crash#comment-592 Me too, I'm bad at timing the market. I agree about those cycles you mentioned. And it is new to me that cash is considered an asset class on its own! :) Me too, I’m bad at timing the market. I agree about those cycles you mentioned. And it is new to me that cash is considered an asset class on its own! :)

]]> By: wealthjourney http://www.mypennysense.com/waiting-market-crash/comment-page-1/#comment-583 wealthjourney Thu, 01 Oct 2009 11:31:33 +0000 http://www.mypennysense.com/waiting-market-crash#comment-583 I'm a market timer but lousy at that. I always get out a little early before the market peak (not burst), and I always get in a little late after the market bottom. Though I will keep around 20-30% fully invested most of the time to keep in touch with the market sentiments. But you know what, it has been fruitful for me and saved me the headache of trying to break even on my portfolio if I had to suffer a 40-50% decline last year and trying to make up for it this year. We cannot time the market but we must be aware that there is such a thing called the Boom/Bust Cycle because of human greed. Asset Allocation and Rebalancing is actually a form of market timing whereby you might shift more into CASH(yes, it is considered one of the asset class) if you think equities are over-valued and out of your precentage allocation. Alternatively, weightage on bonds could also be increased if you think there is value in bonds versus equities. I’m a market timer but lousy at that.
I always get out a little early before the market peak (not burst), and I always get in a little late after the market bottom. Though I will keep around 20-30% fully invested most of the time to keep in touch with the market sentiments.
But you know what, it has been fruitful for me and saved me the headache of trying to break even on my portfolio if I had to suffer a 40-50% decline last year and trying to make up for it this year.

We cannot time the market but we must be aware that there is such a thing called the Boom/Bust Cycle because of human greed. Asset Allocation and Rebalancing is actually a form of market timing whereby you might shift more into CASH(yes, it is considered one of the asset class) if you think equities are over-valued and out of your precentage allocation. Alternatively, weightage on bonds could also be increased if you think there is value in bonds versus equities.

]]> By: Penny http://www.mypennysense.com/waiting-market-crash/comment-page-1/#comment-579 Penny Tue, 29 Sep 2009 03:55:26 +0000 http://www.mypennysense.com/waiting-market-crash#comment-579 Very conservative and wise investor :) Very conservative and wise investor :)

]]> By: Alvin Lim http://www.mypennysense.com/waiting-market-crash/comment-page-1/#comment-568 Alvin Lim Fri, 18 Sep 2009 16:51:14 +0000 http://www.mypennysense.com/waiting-market-crash#comment-568 Not sure bout other ppl but i never like to time the market. there's no HIGH or LOW for me. Whatever that goes up will come down eventually and as long as I feel a stock is good and the price is affordable, i will try to buy it and just put it there for few months or even years. Timing a market is equivalent to speculation, which is very risky. Not sure bout other ppl but i never like to time the market. there’s no HIGH or LOW for me. Whatever that goes up will come down eventually and as long as I feel a stock is good and the price is affordable, i will try to buy it and just put it there for few months or even years.

Timing a market is equivalent to speculation, which is very risky.

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