Weekly economic and financial commentary
-
United States: Another Week, Another Strong Showing from the U.S. Consumer
Robust retail sales data were the main story on the U.S. economic data
front thi...
1 hour ago
Just buy after a major bear when STI drops by over -40%. When that happens, no need brains --- just load up on STI ETF, Nikko REIT ETF, blue chip stocks & REITs. Hohoho!!!
ReplyDeleteIn the meantime if you have a large cash war chest or earning salary, just park it in FDs, MMFs, investment grade short duration bonds. It's a good time for those with bullets & looking to invest for the next 20-30 years ... but need patience now. :)
We're closer to the end of stock market bull than the beginning, although it may take another 1-2 years & prices can go up another 100% from here...
If already have large amount in risk assets, just hang on for the ride .... But have a plan to get out with minimal losses (either real or opportunity costs).