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Summer Is Over And Global Market Are Heading North! What’s Next?
By Invest Openly  •  September 6, 2016
Today (5th Sep 2016), STI "chiong" (rise) 47.82 points (or 1.71%) to close at 2,851.74. Effectively, all the regional market are in the green green land today. What is the cause(s)? Is it because summer is just over?  Is it because of the weak US jabs data? (I know, this is kind of contradicting) Is it because summer blockbuster movies are over? (just joking...) I guess no one can say for sure but whatever the cause(s), it doesn't means anything the for future performance, my friend, STE, put it greatly in his recent blog : The Greatest Gambler Fallacy. Also, this is the irrationality of the market movement (during the short term) that most Value Investor gurus talking about. Whatever it is, I will just try to "ignore" the short term volatility while focus on the long term as well as the dividend ......
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By Invest Openly
My name is Richard Ng and I am a Malaysian turned Singaporean. This is a personal blog of mine detailing my venture in Share Investment Project. All the details in this blog are from my real venture (as it happens) and all amount quoted are in SGD (Singapore Dollars), unless otherwise stated.
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