Time to buy some HK Stocks fund in my MPF account
I stop investing on the Hong Kong stocks market for years since I have joined the crypto market, however it doesn't mean I totally get rid of the Hong Kong stocks market because our pension plan (here we call them MPF) is forcing we put our money in the stocks market still, you can select the global or Hong Kong stock market.
I am not very familiar with global stock markets to be honest, therefore I simply keep my money in the Hong Kong stocks fund for my MPF account.
My portfolio in my MPF account has only 27.6% fund on the HK stocks fund, all the rest is keeping on the Conservative Fund (cash), well, I didn't check for the stock market for nearly a year, and just noticed that the Hang Seng Index hit 10 years low yesterday (below 19000 points), many people said it's going to hit 15000 - 12000 very soon, and they are waiting to buy when it hits such level
Well, I am not trying to predict what is the lowest level for the Hang Seng Index, I simply closed my eyes and switched some cash to the Hong Kong stocks fund yesterday, and will keep buying in case the Hang Seng Index keeps dipping, as mentioned, I don't have to buy at the lowest point as we will never know where's the lowest point.
It's cheap enough for me to buy when I see it hits 10 years low which is ok to me. So, let's see when can I swap all my cash to the HK stocks fund and wait for couples of years to double my assets, yeah.
Posted Using LeoFinance Beta
最近投资市场整体不稳,还是先观望
這是我的退休金, 沒事, 65歲才能拿出來
Yay! 🤗
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