Because it takes so many weeks to climb up but takes only 1 or 2 weeks to crash like SHIT. I really means SHIT.
Look at the 1 year chart of Dow Jones Industrial Index. It takes a full year to climb up steadily but takes 2 weeks to crash like SHIT.
So, you still buy mutual fund from your ‘bankers’? LOL. If you want to know why the stock market (the whole world incluidng KLSE) will crash like SHIT and why your EPF will no longer be able to give you decent returns, read the book PROPHECY by Robery Kiyosaki.
Then why I still like the stock market when it crash like SHIT? Short Term, you can make fast money by trading PUT options. Long Term, it gives you the opputunities to grab stocks at bargain. I am sorry to say that this opputunity doesn’t benefit mutual fund and EPF holders. Because mutual fund and EPF can only make money when market is going up.