Heart Attack

For many investors, it must have been a very tough year so far - many many sleepless nights.

And in particular, for the last 2 weeks, many have to be in extreme good health to survive all these Record Breaking Events, witnessing History being made, made Again and Again - Everywhere, Everyday and NOT having a Heart Attack!

Wall St had the Biggest One Day Gain in points overnight, 936 Points.
Japan's Nikkei had the Biggest One Day Percentage Gain, 14.2%

US Government, following UK's lead, is to buy stakes in banks.
But, Australian has taken a different approach.

Earlier today, the Australian PM revealed his A$10 Billion Economy Stimulant Plan.
Rather than directly buying bank shares, he is to give every eligible child a one-off cash payment of A$1,000, every single pensioner a lump sum cash payment of A$1,400, every first home buyer a cash grant of A$14,000 to buy their first house etc. as a Christmas Present!

But still, I am afraid nothing will NOT stop the Unstoppable from happening -The Biggest CRASH.

The Dramatic up & down in the share markets have also presented Many Great Money Making Opportunities :

In one day, GM fell by 31%, the following day rose by 30%;
Morgan Stanley almost doubled (from US$9.xx to US$18.xx) in a day;
In HK, Property shares rose by 10-20%.

But only for those are :

the Bravest (NOT afraid of Losing Everything)
+
Most Energetic (Non stop watching markets for 18 hours +)
+
Very Decisive (could make Buy/Sell decision within seconds)
+
Cash Rich (money NOT tied up with "Once Thought Bargain Shares)
+
LUCK, LOTS OF LUCK

With the ALL of the above, you could then make Millions in just 2 days.

But for me, this is NOT my type of Investment.

So, I did other things while waiting for the CRASH.
I've shifted my attention to the Currency Market - the A$.

If C$ could be at HK$6.8, I do NOT see A$ will stay below HK$5.5. for long - by the "Rules of Relativity" and Canada is closer to the "Eye of the Storm" - USA.

In fact, I've been advising some of my friends to buy A$ last week.

I'd applied a loan from HSBC HK on 8 Oct. *(PLEASE SEE BELOW)
But because of the application took time, I'd missed the opportunity to buy A$ at HK$5.00

Still, I consider A$ below HK$5.5 is a Good Buy and I will buy once I've my money.
Again, using the Phase Buying Rule - 1/3 at a time.

Remember to SELL your shares everytime there is a Rebound.
And I'm now seriously considering selling my Australian House to further Reduce my Risk.

Cheers
Fate
Proper Planning Prevent Persistent Pain

* DO NOT TAKE A LOAN LIKE ME IF YOU HAVE NOT DONE THIS BEFORE. I'VE DONE THIS A FEW TIMES BECAUSE I SEE THE DEPRECIATION OF HK$ AS A REAL RISK, SO I REDUCE MY HK$ HOLDING WHENEVER I COULD. BY TAKING A HK$ LOAN, I COULD HAVE A LUMP SUM RIGHT AWAY TO BUY NZ$/A$ EARNING HIGH INTEREST AND REPAYING WITH MY MONTHLY HK$ INCOME.