KLCI Bull Run May End Soon But Gold Bull Run Just Begin!
KLCI bull run may end due to share will go up or down in Zip Zap format, so if you miss the KLCI bull run like me make sure you dun miss the Gold prices bull run.
Base on the chart RSI show that the price is ready to more up anytime. I have put 90% of my investment take out from share early of this year invest in Gold. Really hope will make some money in this Gold prices bull run.
Below is a news I take from The Edge :-
KUALA LUMPUR: High net worth investors are advised to invest in gold, as the precious metal plays a crucial role in the diversification of their investment portfolio amid current economic and market volatility, according to CIMB Private Banking.
Its co-head Alan Inn said gold is an effective portfolio diversifier due to its lack of correlation when held up against most of other asset classes, making it an ideal measure of diversity to an investor's portfolio.
He noted that most investment portfolios focus mainly on traditional financial assets, such as stocks and bonds.
"A truly diversified portfolio contains not only a range of different asset types, but those that do not correlate with changes in price of mainstream financial assets regardless of the health of the financial sector or broader economy.
"Given the volatility of the current market, there is a need for a diverse portfolio of investments so as to protect the portfolio against fluctuations in the value of any single asset class. Portfolios that contain gold are generally more robust and better able to cope with market uncertainties and volatility than those that do not," Inn said in a statement today.
Inn said gold had long achieved its status as a safe haven investment in times of financial and geopolitical stress.
Investment in gold can be in the form of gold bullion, exchange traded funds, gold futures or stocks.
3 comments:
Hehehe...when you said you miss the bull run, i also felt the same evendo i sold my counters earlier. Miss at least 30% upside rate of return which is alot. And i have a feeling that we may not see upside after this, "sell in May effect". KNM when up 50% ROR which is alot. I am at crossroad now, don't know which way KLCI will go at immediate term. This is perhaps the most dificult phase of knowing what to do....cheers...
I think most of retail investor may sale early and dun not expect KLCI to hits 1000 point in short time and during H1N1 case.
Look like the bull trap did not trap a lot of retail investor so the bull countinues to run till it trap the bull (retail investor is the bull)
hahaha......
If indeed this current rally is temporary then gold price will increase? I hope you are right bro. At the moment i am loss and wrong about the direction of stock market. I got it right on March bottom but completely wrong about 'bull trap'. I admit my mistake. Yup its funny but not so funny if miss the boat....hehehe...cheers!
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