Join Us Now!

Subscribe and Get Updated on the Latest News
Name: (*)
Invalid Input
Email: (*)
Invalid Input
SECURE & CONFIDENTIAL
Your email address will NEVER be rented, traded or sold. WE GUARANTEE YOUR CONFIDENTIALITY.
We hate spam as much as you do.
A Quick Review
Written by Andrew Boey   

Hi Fellow Automated Millionaires,

its has been 2 months since I have written anything, cause I felt that its time for me to go into action and see how is the result rather than just say only...

Anyway, first of all, of course, everyone knows already... the market crashed and i lost about S$2k in my Mutual Funds portfolio. Not alot comparing to the tycoons who lost from millions to billions in just these 1 month of tumoil... But still its money... haha

To tell you the truth, ever since i started this blog, i always wanted the market to fall... because its only when the market fall, the truth about how well the fund is perform will reflect :) True enough, it fell.... and fell through the bottom. Honestly speaking, i have quite a bit from this market crash.

Investors are really an emotional lot, well... US has not officially been in a recession but yet they are performing like it is already... this would be a great time to do purchasing just like how GIC and Temasek Holdings bought large amounts of Citibank and UBS shares.

I am now currently working on ETFs, hence looking for the right moment to invest but then... as the wise has said... NOW is always the best time to take action... so what am I waiting for? hehe... maybe its a high time for me to find out whats my OCBC online broker password... hehe :)

Disclaimer
The above information is wholy author's personal opinion. It does not intend to replace any professional advice. If legal advice or other professional advice, including financial, is required, the services of a competent professional person should be sought.


Andrew Boey Written on Thursday, 24 January 2008 00:00 by Andrew Boey

Viewed 242 times so far.

Rate this article

(0 votes)

Latest articles from Andrew Boey

  • Code of Honour posted on Sunday, 07 June 2009 09:32

    Be willing to stand behind the purpose, values and goals of the team once decided…

  • Mission and Vision posted on Sunday, 07 June 2009 09:29

    Mission "To Empower & Educate Individuals with Financial Intelligence to become Smart Millionaires"

  • Don't be led by emotions posted on Thursday, 30 April 2009 00:00

    Business Times - 22 Apr 2009 Don't be led by emotions All-or-nothing investing rarely pays…

  • Business Times: Will fortune favour the brave in this climate? posted on Saturday, 08 November 2008 00:00

    Hi Fellow Automated Millionaires, To be very honest, I wanted to write this article tonight…

  • Margin of Safety? posted on Saturday, 25 October 2008 00:00

    Hi Fellow Automated Millionaires, Just yesterday Bloomberg.com stated that MSCI Emerging Markets Index lost an…

blog comments powered by Disqus