Market Review and Trends
BUY CALL FROM SBC
By Singapore Blue Chips  •  March 15, 2011
Be greedy when others are fearful, be fearful when others are greedy. I sense fear now. What are you waiting for? Honestly, the last time I see such a scenario was during the Lehman Crisis in 2008. The selldown back then was even more earth shattering than this. The last time STI went below 3000 points was roughly in August last year. This means that for STI has given up its 8 months gains due to the earthquake. That said, 2800 points seems to be a safer entry point for long term investors. At that level, most banking stocks are giving at least 4% dividend yield on your investment. Honestly, I have not much luck timing market cycles. Hence I try to always buy and rarely sell to build up my passive portfolio income. If you are reading my blog and not invested, congrats. Buy now and hold as long ...
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By Singapore Blue Chips
I am an ordinary Singaporean guy in my early thirties who is passionate about investing since 2003. I live in a 4 room HDB flat and like many Singaporeans, dream of becoming a millionaire. Currently I am an ordinary worker and have just completed my Masters. I aspire to build up a portfolio of 1 million dollars and derive a yearly recurring dividend income of 6% by 35. The only way to achieve this aim is to work hard and invest prudently. I invest in a variety of instruments such as unit trusts, stocks, REITS and foreign currencies mainly Australian dollars options.
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