Buy equities now and maybe after June 17 2012
By Singapore Blue Chips  •  June 5, 2012
Usually when the fundsupermart General Manager’s personal portfolio is in the red, it gives a clear indication of a buy for equities.


Down slightly as at 5th June 2012
There are likely 3 scenarios after June 17.


Greece pro austerity measures government wins election. Stock markets will rally.


Greece’s anti bailout government wins and Greece exit EURO. Short term pain, but European central bank will pump in money to stabilize economy. Buying opportunity for rebound.


Greece leaves Eurozone, central banks do nothing. 40% loss in stocks. This is the most unlikely scenario.


Looks like buying opportunities are appearing, now and after June 17th.
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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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