Market Review and Trends
Long term investors now short-term speculator trader
By Wilfred Ling, The IFA on Duty  •  November 24, 2007
By: Wilfred Ling With the recent extreme market volatility, I had been receiving a number of calls from clients with regard to their portfolio. Although everybody knows that investing is long-term, but it seems everybody has forgotten about that when market is down. With the recent market downturn, it seems everybody has turned short-term speculative trader overnight. Some demanded whether will their portfolio return positive on its anniversary date while others complain why I did not update them when market turns bad. With so many calls, I feel really tired and sometime feel I must have failed in educating my clients about the true meaning of investing. Some of the detrimental request from clients are: Read More...
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By Wilfred Ling, The IFA on Duty
Wilfred Ling is a Chartered Financial Consultant with Promiseland Independent Pte Ltd. He is a fee-based financial planner by profession.
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