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Invested $1500 and switched more to equities
By Wong Sui Jau Thoughts  •  August 11, 2011
Fear is very much prevalent now, with markets sliding every other day, and big drops too. But when there is a lot of fear, it usually means it was a pretty good time to buy. Valuations now are cheap. Even if you have no faith that the western countries like US and Europe can get their act together, Asia will still continue to grow and expand because we have reached a certain critical mass now. While markets haven’t decoupled and if western markets continue to fall, Asian markets will also be affected. However, Asian markets will rebound much faster simply because fundamentally, Asian economies are on a much stronger footing.
I bought another $1500 into Aberdeen Singapore equity on Monday and switched another $11,700 into Aberdeen Asia Smaller Caps as well (the switch buy will take place today on Thursday). As of now, I have switched 2 out of my ......
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By Wong Sui Jau Thoughts
nicholastay@fundsupermart.com
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