Singapore Stocks Rally
If I had listened to Tan Kin Lian’s advice, I would have bought the STI ETF and made a lot of money. The STI index fell to 2962 and is now at 3595. This is a whopping nearly 600-point increase. However, I had been so swamped with my work and studies that I had been out of the market.
One BT reporter wrote an article about investing in October and exiting in July. If I had read this book earlier, I would have exited in July, since I made more than 10% with my investments, only to lose almost 20% before currently recovering. I would have missed the turbulent times. The market is extremely volatile right now, and there are still quite a lot of fall out, yet with the news that the US Federal Reserve is cutting key interest rates, there is a big chance that the market will rally.
As an additional source of income, you cannot expect money to roll in without putting hard work analysing the stocks. Some of the China unit trusts increased by 30% in a month! This is ridiculously high. I wonder how long this can be sustained. Any comments?
Sarah Tan - SingaporeProfit.com
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