Value Sir,My strategy is quite the same as you: always fully loaded with stocks + buy & hold for long run dividends income + do reinvestment from dividends income, ...... but subjcet to "stocks switching" at any time to modify the portfolio, when necessary.Good Luck! ^_^
In fact, I switch my stocks rarely, especially by using the cash flow to buy some potential growing stock in a subtle way.Also, I would sell some stocks with bad annual financial result at appropriate time.
I quited my job 6 months ago and got a moderate sum of money from my provident fund at that time. In view of relatively high PE of the stock market, I hold cash afterwards. I may be lucky now. My strategy is holding stock for long time time to get dividends income. I hold quite a lot of stocks belonging to banking sector, which I think is bit risky in the near future. My prediction is that there will be another big rise later, probably within this year. My next target will be 778 and 17 . What is your opinion?Sam
多謝你的意見All in 我覺得在這一刻有一定風險，雖然我覺得3年後的指數應該比現在高Sam
Value Sir,You got so many property developers cos(016.HK, 083.HK., 012.HK, 017.HK, ...) + banks(005.HK, 011.HK, 2388.HK, ...), but over past 2 years they have been dropped a lot, e.g. 005.HK dropped half, 016.HK dropped around 20%, though they had paid you some dividends.Do you think you have been falling in value traps?Anyway, please forgive my straight talk. I am interesting in the psychologies of different investors.^_^P.S. A value trap means on the surface, it appears to offer an investor the opportunity to acquire significant assets and/or earnings relative to market price, promising a chance at much higher-than-average profits than the broader stock market, but it turns out to be illusionary due to any number of factors.
Not really, don't just notice the share price only. We should pay more attention on internal value. It can also provide us with the growing dividend in the long run.
Apart from HSBC, look back 10-year period, most of them can do that. In the future, I still evaluate the possibility of the above assumptions.
Value Sir, 016.HK drops to 24,000!Maybe due to HK protestors are coming back to its malls.Will you consider to sell a certain % of 016.HK?^_^
Correction:016.HK drops to <HK$100!
Correction:Even HS Index is still >24,000!
I only consider buying more. That moment will be very soon.The land price dropping affects the share price.
Seems not just "land price dropping" ...
Over past 2~3 years, 016.HK had been usually buying high costly lands, except a West Kowloon land, at open market. This is not good for shareholders.Instead, 016.HK should exercise "share buy-backs" to maximise its NAV/share.Otherwise, ...
I haven't seen the evidence that the leverage ratio soars rapidly because of participating in the land bid actively.I understand West Kowloon land is the significant land transaction.
I would monitor closely the situation you mentioned. Thanks.