I have been waiting for a good timing to invest stock, and I did it. Being a cautious and prudent people, and having limited budget, I had done many research to make my investment profitable.
I had made up my mind because of some reasons.
Since I had been longing to buy ETF, Polaris Taiwan Top 50 Tracker Fund has become my number one target. I had missed the best timing to buy while the fund's price was around 57-58 in January 2016 because I was short of money. But I had my money into the market in May 2016 a few days before the presidential election.
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| TPE 0050 trend |
1. ETF is for long-run investment plan, so buy at relative low price matters
2. My expected price was less than 60 NTD per stock
3. 0050 performance reflects TAIEX most of the time, and TAIEX performs badly before presidential election and so does 0050 in 2008 and 2012.
4. news reports said the export market had been worse for half year and possibly much worsened.
Conclusion: my chance would be at the election week.
A few days before the election week, the price had been down to 59.75 and I bought it. Since then I have earned myself at least 15% profit.
What's more, I hadn't expected divide day coming, so I had been surprised when I received notice of my divide.
I have starting buying funds since college, and I've found that I have good sense of understanding to the market and political economy's effect.