its not low enough.

What a fabulous friday. its been like 3 years since the market plunged. although i cant predict whether it will continue falling on Monday or rise back due to  incoming fresh funds, what worries me is that malaise of flat graphs on the STI.  I am worried about a long term standstill, where the market doesn’t grow or shrink. buying some conservative stocks. doesnt make sense to buy any blue chips growth stocks. aiming for 2 lots for singpost. hope it doesnt do a double dip for singpost.

The has been rampant news that inflation will hit hard. makes everyone wonder whether SGS will reduce the coupon payout of the latest issue of securities. Previous high yielding bonds are already going above 112 dollars, that almost 17dollars more than 2005. if the oncoming issues are giving even lower coupon rates, i dunno how much higher will the older bonds go. i dun see any opportunity to purchase bonds at fair value

Seems like the only lucrative chance of making money lies in usd to sgd exchange. it was 1.4+ circa 2007, now its 1.2+.  i can only hope how it goes higher to 1.3+ to make the usd treasuries look attractive. cautiously putting a small investment of $1k in usd money market.

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