The blog has been quiet so I figured I should make my first real post.
Since I do not trade frequently, I will not have post on trade actions to show. Rather, following my type of approach, I would recommend some good material for people new to stock investment from time to time.
Since I do not trade in the U.S. Market, I cannot really give detailed comments about what I think about certain stocks in the U.S. However, I can generally say that the U.S. Market, although still weak in recovery compared to some other countries, should not go into a double dip. I, for one, do not think that a double dip is going to happen (I hope not too). They have already screwed it up once...they cannot afford to do so again in such a short period of time.
On the flip side, the STI is making a great recovery. Many stocks have been setting recent 52-week highs and with Singapore's stable economy and sound financial systems in place, recovery is only a matter of time. I believe many of the higher priced stocks of old will gain back their value as healthy results should start to roll in. Slowly in 2010 but I think we should be seeing a better acceleration of results in 2011. Quite a few stocks now are still cheap in my opinion and I feel, in about 2 years time, their prices now would be considered a steal.
For a good read on the different terms and mechanics of stock investments, especially those new to investing, can take a look at www.investopedia.com for some useful information.
Mmm.. Since most of us here won't be doing as much trading as RiskyAl.. Maybe we can start some post on things like financial terms and the tools most people use to research a stock..
ReplyDelete