The STI index closed today at a year-high of 2,712.15, up more than 80% from its bottom just 7 months ago.
About a month before the market hit the bottom, I talked about exploiting the recession. STI was around 1,700 then.
And about a month after the market hit bottom, I talked about market cycle investing and again advised that the time was right to put your money into shares after setting aside some savings. STI was also around 1,700.
If you had bought blue chip shares at those times, you would have made around 60% profit.
If you had bought property with a loan a few months earlier, you would have made even more.
That said, market cycle investing has its risks, but I think they are reasonable risks to take if you have excess cash savings.
Have you sold your investments to take profit?