Tuesday, July 29, 2008

A View to A Kill

Why am I now 60% in liquidity for my investment portfolio? The reason is that I take a view that the market is poised for a plunge.

That's why I should just stay on the sidelines but not be totally out of the market. I'm lazy so if I'm out of the market, I will not be so diligent in reading news or keeping up. So, you won't have a sense of what's going on. And when sentiments are the worst, you won't know 'coz you are not in the market.

In investing, you have to have an opinion on every investment you make. If not, you will only be following the crowd. And we know how the Lemmings fared! :P

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