Quiet market means different thing to different people

The stock market is quite boring since May. When stock market is boring, all the noises naturally die down. But atleast the stock market is not battered, just a little quiet and unexciting, thus boring. If it is bloodshed, it won't be boring but screaming everywhere. So, in a way, it is boring but not dull. It may be boring to some but not quite to others. Fund managers or syndicates cannot make good money if the market keeps on going up. They need a time for the stock market to "rest" and that is when many people start selling their stocks at discount price. When you sell, there must be someone buying. Some sell because there is already some profit to take from the table, some sell because cannot keep too long, some sell because money stuck is money lost, some sell because of the hope the price will going up in short term did not materialise, some sell because the so-called hot tip is not really hot at all, some sell to cut losses, and the list continues.

 

A quiet stock market like what we are going through currently is the time to nimble some good stocks. Quiet market mean different thing to different people. Most listed companies had released their quarterly results in May. Take a look again at their results and shortlist a few good one even if you are not intend to buy them. Track them until end of the year to see how good is your ability in stock selection for investment. Repeat that few times. This, in a way, will horn your investing skill in the stock market. Who said you must really need money to learn to invest in stock market. Sadly, most people jump in straight away before they have learn enough on investing in stock market.

 

Anyway, below is some snapshots from business paper in the latest issue which reproduced from CIMB report.

Interestingly, the report comes out with a survey to gauge people opinion on property price in the next 3 years.

There are also survey on investment preference and style. On the investment style, 1.55% said they buy on rumours but I find the percentage is rather too low. On the other hand, I wonder what is the other 37.02% investment style is?

Read reports as many as you like but at the end of the day, trust yourself. I would say if you can stay calm for a little longer and not get distracted, high chance that comes end of this year when you reflect back, you will pat yourself at the back for what you have done now is the right thing to do.