eeeya Posted January 19, 2014 Share Posted January 19, 2014 "Thailand has had dozens of coups in the last few decades, but they always start up again,” Rogers told IndexUniverse in an interview. “Buying during the coups and during civil unrest has usually been profitable.” http://www.indexuniverse.com/sections/news/20940-jim-rogers-rising-thai-etf-makes-sense.html Ive been sitting on the sidelines for a while now. What are peoples thoughts on Jims comment? eeeya Link to comment Share on other sites More sharing options...
SpokaneAl Posted January 19, 2014 Share Posted January 19, 2014 "Thailand has had dozens of coups in the last few decades, but they always start up again,” Rogers told IndexUniverse in an interview. “Buying during the coups and during civil unrest has usually been profitable.” http://www.indexuniverse.com/sections/news/20940-jim-rogers-rising-thai-etf-makes-sense.html Ive been sitting on the sidelines for a while now. What are peoples thoughts on Jims comment? eeeya Sir John Templeman used to recommend that one should buy at the maximum point of pessimism and sell at the maximum point of optimism. Easier said than done of course. Sent from my iPad using Thaivisa Connect Thailand mobile app Link to comment Share on other sites More sharing options...
SheungWan Posted January 19, 2014 Share Posted January 19, 2014 .....and then there is the experience of catching a falling knife. However, if you are committed to investing in the SET and there are particular stocks you both follow and believe in long term and those stocks are languishing price-wise, then yes it is a buying opportunity, but there is no guarantee that you will avoid further volatility. Jim is correct in principle but you need to have the stomach for it and it can be an uncomfortable ride. 2 Link to comment Share on other sites More sharing options...
SpokaneAl Posted January 19, 2014 Share Posted January 19, 2014 And I would suggest that any investment should represent only a small portion of your total investment pile. Sent from my iPad using Thaivisa Connect Thailand mobile app Link to comment Share on other sites More sharing options...
eeeya Posted January 19, 2014 Author Share Posted January 19, 2014 Aberdeen Buys Thailand’s Stocks Amid Worst First-Day Drop “I was very busy buying stocks yesterday,” Adithep Vanabriksha, the Bangkok-based chief investment officer for Thailand at Aberdeen Asset Management, which oversees about $324.6 billion worldwide, said by phone today. “I still strongly believe that the current political crisis will be resolved in a peaceful way and the stock market will rebound.” http://www.bloomberg.com/news/2014-01-03/aberdeen-buys-thai-stocks-in-biggest-first-day-rout-on-valuation.html 3rd jan 2014 2 Link to comment Share on other sites More sharing options...
fletchsmile Posted January 19, 2014 Share Posted January 19, 2014 Agree with him. Don't think an ETF is the best way to invest in the Thai market though, shorter term and trading maybe but not invest for longer term 1 Link to comment Share on other sites More sharing options...
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