This blog is authored by an old multi-bagger blue chips stock picker uncle from HDB heartland!
"The market is not your mother. It consists of tough men and women who look for ways to take money away from you instead of pouring milk into your mouth." - Dr. Alexander Elder
"For the things we have to learn before we can do them, we learn by doing them." - Aristotle
It is here where I share with you how I did it!
FREE Education in stock market wisdom.
Think Investing as Tug of War - Read more? Click and scroll down
Heh heh heh!!! Bull markets don't die of old age... they just get killed by bears.
ReplyDeleteMy gut feel is that the real bubble phase is ahead ... the correction / mini-bear in 2015 to early-2016 may have provided a good base for the next bull phase...
Many other markets such as US, UK, Germany, China/HK showing similar pattern...
As always ... caveat emptor!! Kekekeke!!!
ECB & BOJ still doing QE on full steam. FED hentak kaki .... trying to decide how to unwind without crashing the economy. PBOC basically doing mini-QE on intermittent basis.
ReplyDeleteMAS leh?? No idea what those guys doing ... Hahaha!!! Anyway MAS can't do much. They don't set interest rates and Singapore has effectively been on zero-interest-rate policy since 2001. MAS can only devalue SGD if recession comes .... maybe back to 1.80 or 2.00 against USD like in AFC??!?
We Sinkies depend more on Big Daddy (as SMOL calls them :)) for goodies & handouts ... maybe the new president will be called upon to unlock the reserves again like Nathan in 2009...
Peter Lynch: "You can lose money in a very short time, but it takes a long time to make money."
True!!
In bear markets, stocks drop like jumping off HDB. In normal bull market, stocks climb like old man climbing 30 storeys. If you see stocks go up like in supersonic elevators in Marina Bay Financial Centre, then you'll know we're in a bubble!! Kekekeke!!!
S&P500 PE ~21X
ReplyDeleteDOW ~ PE 19X
NIKKEI ~19X
HangSeng ~ 14X
CSI ~ 16X
FTSE100 ~ 32X
DAX ~ 20X
IMO, the market is not in euphoria mode and the market still has some room to grow.
Of course unless there is a black swan such as war.