asci investigates hedge fund, page-9

sharls,

You would have heard about contrarian, right?
In other words there are investors who don't believe the crap media and experts spruik and go with their own judgement and intuition. Remember, experts want you to invest so their firms can earn fees.

I am sorry to hear that you are losing money. However, all of us have lost money in the past from shares and guess what? we WILL lose money in the future as well. HOPEFULLY we would have more gains than losses.

About timing the market, whilst most of us pretend that we do not try to time the market, guess what? We DO! You know why? Because the market does go through cycles. Therefore it is a part of our learning that we understand where the market is, not to guess the top/bottom but to make an informed decision as to invest in any given environment. Read books of Austin Donnelly, an old fashioned aussie guru about this topic. He would argue that if you can get more than 6.5% which is a looooong term average return of the aussie sharemarket, you are doing well.

About the big guys manipulating the market, it is nothing new. And there is nothing you can do. So accept it, it is a part of human condition. What you can do is to research prior to investing to see a particular stock is volatile due to day traders/hedge fundies.

I hope that I did not come across harsh. I hope that you learn from this bear market, just like all of us including me, and never invest because of experts.

Finally, try to visit Hotcopper every few months, not every other day. Hotcopper is full of hot air that tempts even the hardened investors into considering rash decisions. I have not visited this site for over 2 years until the recent market volatility. It is amazing to see same over-optimistic crap I saw pre and post-2000 tech crash!