Shares =>Sell When Times Are Good and Buy When Time Are B

[Charmonix]

If i remembered correctly, i heard someone said in a news program that it is advisable to sell away shares when time are good, and buy in when times are bad.

Also heard that for long term investment, it is best to keep it for a few years. Which has more true for someone starting to buy/sell shares for the first time? I think the tricky part is what to buy after that.

[Dennis Ng]

If i remembered correctly, i heard someone said in a news program that it is advisable to sell away shares when time are good, and buy in when times are bad.

Also heard that for long term investment, it is best to keep it for a few years. Which has more true for someone starting to buy/sell shares for the first time? I think the tricky part is what to buy after that.

My comments:
yes, selling shares in good times (prices are typically high) and buying shares when times are bad (prices are typically low) is one simple way to "buy low and sell high".

For someone starting to invest, the first thing to invest is actually investment knowledge. Imagine, if you don't know how to drive, would you drive a car onto a busy road? Similarly, if you don't know how to invest, you should not invest without acquiring investment knowledge.

Another simple way is to get someone to drive (invest) for you instead.

[Charmonix]

ST has dropped further. Agent told me that ST is a "blue chip", it is a good time to buy. Is this the low period now and suitable to buy?

[Dennis Ng]

Dear Charmonix,

I suggest you invest in investment knowledge first. If you have investment knowledge, you can make your own judgement whether it makes sense to invest in ST now.

You might think I don't want to help by not giving you any of my own answer, but I believe that if I give you a fish today, you will still go hungry when I'm not around one day. However, if you learn how to fish yourself, you will never go hungry again in future.

[Guest]

No, i think your advise is correct. Do you know any cse on investing? Thanks.

[Dennis Ng]

Dear Guest,

sure. go to http://www.sgx.com They conduct courses/workshops on investing regularly. Go to http://www.WallStraits.com you can learn from others there, I frequently post there as well.