Comments on: Stocks and Property Recovering (see graph)

By: angie

angie — Sat, 01 Aug 2009 01:18:09 +0000

pardon me, my previous post was meant for the “Know Anyone Retrenched?” thread.
angie

By: angie

angie — Sat, 01 Aug 2009 01:09:25 +0000

interesting blog and comments. always good to hear different points of views… keep them coming.

when i was there the last time, i noticed that the cost of living has risen a lot(!!) in the last few years. singaporeans seem very affluent in general so this would probably not pose a problem for many; my heart goes to the poorer singaporeans though.

angie

By: sam

sam — Thu, 30 Jul 2009 14:42:04 +0000

like what’s said above, don’t be too greedy. get out while profitable. a lot of this speculative rally is due to hot money coming from china. hot money means they come quickly, drive up the market, attract more retail investors, and finally they’ll get out after driving up prices. don’t be too greedy. make some money and get out. buy again later.

By: speculator

speculator — Wed, 29 Jul 2009 16:30:52 +0000

I mean we should buy now and sell at the point when speculation becomes excessive.

By: speculator

speculator — Wed, 29 Jul 2009 16:29:54 +0000

Minister Mah Bow Tan says ‘I wouldn’t say there is excessive speculation at the moment, but there is some element of speculation involved. Some of the practices and habits that you saw in the last property boom, are beginning to comeback, so I think we’ll have to be careful.’
Does that mean we can still buy and sell when the speculation becomes excessive?

By: adiemuso

adiemuso — Wed, 29 Jul 2009 00:55:15 +0000

you did a good job. well done. being tactical n nimble is key now. and remember greed is good but greed kills.

By: to adiemuso

to adiemuso — Tue, 28 Jul 2009 16:22:22 +0000

Thanks for the advice. I’ve already sold 1/3 of my shares with the intention to buy back at a lower price.

By: adiemuso

adiemuso — Mon, 27 Jul 2009 15:59:18 +0000

risk/reward is subjective.

By: to adiemuso

to adiemuso — Mon, 27 Jul 2009 15:12:23 +0000

Do you recommend that I sell my shares now and pick them up again after the impending correction?

By: adiemuso

adiemuso — Mon, 27 Jul 2009 01:39:12 +0000

this recovery is overdone, too much impulsive buying. look at the charts, its a one way up market. its highly unsustainable.

massive monetary n fiscal expansionary policies by govts globally have created a glut of money supply, which supposedly should be flowing to the needy business and people, have been suspected to have flown into assets markets hence driving up the markets.

if these flows continue unabated, it will only result in a greater bubble with only undesirable effects to be seen. all these cries of joy will only end in rivers of tears.

so be careful, jump in now be prepared to jump off anything and fast.