In a recent speech, our PM said that he will implement measures to bring back retail investors to KLSE. To be frank, after reading the whole full length article, I have no idea what will be implemented and cannot see how the things he said will make retail investors return to the market. Well, once bitten, twice shy, you know?
What I know is that KLSE has to lengthen T+3 to maybe T+7. This will allow room for financial planning and manipulation for the retail investor to decide to play contra or pa up.
As a trader myself, of course I try my best to get out of the market BEFORE I have to pay up. Small players like me do not like our money tied up.
I remember my remisier told me that in this market, even a MYR2000 share is considered expensive. He said that it would be better to keep the cash in the bank to reap interest rather than risk it in the market. How much interest can one reap even if it is a year long Fixed Deposit?
Remember the good times when one lot alone on the First Board is at least MYR5000 while those active ones on the Second Board are on the average MYR8000 and some even going above MYR10000.
When can we see the good times again?
What I know is that KLSE has to lengthen T+3 to maybe T+7. This will allow room for financial planning and manipulation for the retail investor to decide to play contra or pa up.
As a trader myself, of course I try my best to get out of the market BEFORE I have to pay up. Small players like me do not like our money tied up.
I remember my remisier told me that in this market, even a MYR2000 share is considered expensive. He said that it would be better to keep the cash in the bank to reap interest rather than risk it in the market. How much interest can one reap even if it is a year long Fixed Deposit?
Remember the good times when one lot alone on the First Board is at least MYR5000 while those active ones on the Second Board are on the average MYR8000 and some even going above MYR10000.
When can we see the good times again?
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