Aug 2, 2007

1 Aug 2007: Article #3: Phew! (Stock Market)

I am just glad I sold of my investment in a property counter at a profit yesterday.

Today it is a bloodbath at SGX, with market capitalization having gone down 3.27%.

Maybe this is the correction at Q3 that they are anticipating.

If it is, it means buying opportunity of some equities at bargain prices.

Anyway it is true that share prices are really at an all time high, so like the saying goes, "What goes up , must come down".

My take is that there will always be opportunities to get shares of companies with good fundamentals.

Meanwhile, I will just enjoy the spoils of my labour.

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