One of the past participant of "How to Save and Accumulate One Million Dollars" emailed me some questions.

Below are her questions, followed by my reply. My reply is marked in Blue for your easy reference.

I've attended your seminar last Sat on "How to save and accumulate your first million" and found it useful. Thank you.

I've logged into your forum and came across this info that you've shared (below). You mind elaborate what "personal experience" that you mentioned that you didn't suffer a huge loss in the previous market crash, yet made over 200%?

What is your personal "Market Cycle Investing" strategy?

To put it simply, Market Cycle Investing Strategy is basically to ride the Mega Market Trend (let the trend be your friend) - buy when prices are low, sell when prices are high.

Do you use a lot of technical analysis to help you?

I use a combination of Fundamental Analysis and Technical Analysis, which I will teach in 3-day Secrets to Making Money in Stocks and Property Seminar scheduled on 15, 16 and 22 Aug 2009.

To register for the 3-day Seminar, click this url:

http://www.masteryourfinance.com/web/index.php?page=shop.product_details&flypage=flypage.tpl&product_id=9&category_id=1&option=com_virtuemart&Itemid=35

Would you discourage anyone to play contra or short in the stock market?

Yes, for the average investors, they should avoid contra or shorting. Why? Contra is 3 days, the shorter the time horizon, the higher the risks. If you short, you will lose money if you’re wrong.

I am not an aggressive investor and don't take high risk. The biggest lost I ever had was in an MLM business where I lost 70K. All my years of hard earned savings down the drain. It was painful. I managed to save again but this time, I want to invest it wisely. What advise would you give me? I want to invest in property but only have $40K spare cash so far. Can I still be able to buy a property? Hope to hear from you and thank you for your time.

S$40k not enough for property investing in Singapore. At least S$100,000.

Quoted: "...Something most people might not realise is that one does not need to "catch" the market bottom to make money. Using my own personal experience as an example, in the Previous Market Crash, I was early by about 1 year, having invested all my money by early 2002.

Despite being "wrong", I still made over 200% in the Bull Market that followed.

Most investors only make money when they are right and they are likely to lose money Big Time when they turn out to be wrong. While my personal strategy of "Market Cycle Investing" enables me to make money even when I'm wrong." - Dennis Ng

I was wrong, becos I invested all my money 1 year earlier before market bottom.

When I got out, I was “wrong” again, as the market only peak 6 months after I got out.

So I was wrong about both market bottoms and market tops and still made 200% in the last bull market from Year 2003 to Year 2007, becos using Market Cycle investing, I managed to Buy Low and Sell High.

Regards.

Dennis Ng, http://www.MasterYourFinance.com