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I'm shopping on the stock market tomorrow.

Leongsam

High Order Twit / Low SES subject
Admin
Asset
HUGE discounts available.

Screenshot 2020-02-25 19.57.40.png
 

laksaboy

Alfrescian (Inf)
Asset
I would hold off until the weekend at least.

Something big might happen. :wink:

Medical-related stocks.
 

Leongsam

High Order Twit / Low SES subject
Admin
Asset
I would hold off until the weekend at least.

Something big might happen. :wink:

Medical-related stocks.

I did that sort of thing in the past and it never worked. It's impossible to catch the exact right moment. The shares are going at a discount so I'm buying.

After I buy I don't bother tracking.

When things are back to normal I'll take a look at the price again and if it's up by more than 10% I'll sell. If it's not I'll take a look at the dividend payout and if that looks healthy I'll wait for the dividend.
 

Leongsam

High Order Twit / Low SES subject
Admin
Asset
awesome tips! kumsia! :thumbsup:

A note of caution. Stick to those you know have sufficient resources to ride out the turmoil. EG for Air New Zealand the government will never allow it to go belly up so you know they'll still be around when the dust settles.

Flight Centre isn't as risk free as Air NZ but they've been around for a long time and are profitable so they should be able to ride the storm too. However don't throw your life savings into flight centre only money that you are prepared to punt with. I'm buying approx $40,000 worth of shares.
 

nightsafari

Alfrescian
Loyal
A note of caution. Stick to those you know have sufficient resources to ride out the turmoil. EG for Air New Zealand the government will never allow it to go belly up so you know they'll still be around when the dust settles.

Flight Centre isn't as risk free as Air NZ but they've been around for a long time and are profitable so they should be able to ride the storm too. However don't throw your life savings into flight centre only money that you are prepared to punt with. I'm buying approx $40,000 worth of shares.
thanks for the caution. will take heed. :smile: and because I'm pretty sure of the outcome, my gratitude in advance. :thumbsup: :notworthy:
 

syed putra

Alfrescian
Loyal
Maybe should wait a wee bit longer before splurging.

Dow Jones I.A.
DJSE
  • 27960.800781

    Current price
  • -3.56%

    Percentage change
  • -1031.609

    Price change

Value





Source: WebFG - 24th Feb 2020

Global stock markets plunge on coronavirus fears
  • 9 hours ago
  • 574comments
Related Topics
NYSE trader
Image copyrightREUTERS
Global financial markets saw some of the sharpest falls in years on Monday after a rise in coronavirus cases renewed fears about economic slowdown.
In the US, the Dow Jones and S&P 500 posted their sharpest daily declines since 2018, with the Dow falling 3.5% or more than 1,000 points.
The S&P 500 ended the day 3.3% lower, while the Nasdaq sank 3.7%.
The UK's FTSE 100 share index closed 3.3% lower, the sharpest drop since January 2016.
In Italy, which has seen Europe's worst outbreak of the virus, Milan's stock market plunged nearly 6%.
ADVERTISEMENT

In contrast, the price of gold, which is considered less risky, hit its highest level in seven years at one point.
The moves came as the outbreak continued to spread outside of China, with Iran, South Korea and Italy reporting a surge in cases.
About 77,000 people in China, where the virus emerged last year, have been infected and nearly 2,600 have died.
More than 1,200 cases have been confirmed in about 30 other countries and there have been more than 20 deaths. Italy reported three more deaths on Monday, raising the total there to six.
 

Leongsam

High Order Twit / Low SES subject
Admin
Asset
Maybe should wait a wee bit longer before splurging.

Dow Jones I.A.
DJSE
  • 27960.800781

    Current price
  • -3.56%

    Percentage change
  • -1031.609

    Price change

Value





Source: WebFG - 24th Feb 2020

Global stock markets plunge on coronavirus fears
  • 9 hours ago
  • 574comments

Related Topics
NYSE trader
Image copyrightREUTERS
Global financial markets saw some of the sharpest falls in years on Monday after a rise in coronavirus cases renewed fears about economic slowdown.
In the US, the Dow Jones and S&P 500 posted their sharpest daily declines since 2018, with the Dow falling 3.5% or more than 1,000 points.
The S&P 500 ended the day 3.3% lower, while the Nasdaq sank 3.7%.
The UK's FTSE 100 share index closed 3.3% lower, the sharpest drop since January 2016.
In Italy, which has seen Europe's worst outbreak of the virus, Milan's stock market plunged nearly 6%.
ADVERTISEMENT

In contrast, the price of gold, which is considered less risky, hit its highest level in seven years at one point.
The moves came as the outbreak continued to spread outside of China, with Iran, South Korea and Italy reporting a surge in cases.
About 77,000 people in China, where the virus emerged last year, have been infected and nearly 2,600 have died.
More than 1,200 cases have been confirmed in about 30 other countries and there have been more than 20 deaths. Italy reported three more deaths on Monday, raising the total there to six.

How much longer? It would be fantastic if you bought at the bottom but you'll never know what the bottom is till it starts to rise again.

My method is simple. I want to buy $40,000 worth of shares so tomorrow I'll start with $5000 in the morning. If it drops further I'll buy another $5000 in the afternoon. I'll buy another $5000 if it goes up too.

Ride the share price for a couple of weeks and you should get a decently low average.
 
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