Tuesday, February 26, 2008

Investment

KLCI reached its highest (1500++ pts) in the history at the mid of January 2008. Everyone is so optimistic, thinking that our economy is improving. However, since the announcement of the dissolved of parliament, KLCI kept dropping...less than 10 days already dropped to 1370 pts. That's called volatility of the stock market. Do you like roller-coaster? If you do, then definitely you will enjoy the excitement of current market trend. US economy is facing recession, sooner or later the negative effects will spread to the world since US is the largest importer of the world. The only people that can make money now are those who have excellent TA skills or those insiders; otherwise better stay sideline.

The volatility of KLCI will affect investment tools like shares market, unit trusts, bonds, ASN, ASW, EPF, insurance (policy with equity investment) etc. The return of these tools will be lower this year as compared to last year. We have to experience once again the recession period just like 10 years ago *-*. I had closed my position in the investment...just thinking that this year is not a right time to do it.

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