www.marketwatch.com/story/its-about-time-to-buy-burnt-out-european-stocks-2012-08-01

It’s about time to buy burnt-out European stocks
Commentary: The best companies will survive the euro crisis

This is what I'm talking about

This post has been edited by Pink Spider: Aug 1 2012, 09:13 PM

For those using FSM app, there's an update for Android.

heheh - also gotta consider whether we can stay liquid longer OR the EU market irrational longer leh
Unless just punting 5% or less of investable assets gua

This post has been edited by wongmunkeong: Aug 1 2012, 09:17 PM

About 16% of my portfolio consist of global equity funds which overweight developed markets. Remove the EM/Asia exposure in them...that'll make it about 12% of my UT portfolio in US+Europe.

The key takes from this are, firstly, dividend yields are very attractive. Secondly, valuations are near doomsday level.

This post has been edited by Pink Spider: Aug 1 2012, 09:25 PM

Cool - U'll be at the forefront for US & EU recovery.
Heheh - i've still ZERO exposure to US & EU, not on purpose, just lack focus

If EU collapse brings about protracted global slowdown esp in Emerging Asia where all the demands lie, see that 12% shrink to oblivion.

Not too late right?

Can consider some global exposure fund like EI Global Leaders or Pacific Global Stars.

Please read the last few paragraphs of the article which I've linked here

Can just give the summary straight to the point.

Bulletpoint just for dear Dave

* There are good global companies in Euro region, their sales and profit growth mainly overseas-driven (read - ASIA)
* Valuations are low currently
* No one can possibly correctly time the bottom

Armageddon scenario:
- EU collapse
- Banking collapse/freeze
- Stock Exchanges freeze

But those strong companies like FIAT, Salvatore Ferragamo etc wouldn't be harmed much.

Ending note - YOU THINK YOU CAN BUY THEIR SHARES AT SUCH TIME? Exchanges are probably frozen at that time. By the time stock trading resume...prices sudah fly up

Sekian, terima kasih

Aiya, tak kan 12% become 0%, not direct stocks wor - basket cases

Anyhow, even if 12% really gone, aiya - your 88% still can easily make a recovery AND killing mar right?
U are a numbers guy, definitely something hedged or "counter-balanced" somewhere

This post has been edited by wongmunkeong: Aug 1 2012, 09:51 PM

Collapse of Euro region equities will cause a flight of $$$ to bonds. And which region's bonds are attractive now?

ASEAN.

Brazil sovereign 10 years bond yielding 9.5%
Russian also similar...as long as gas prices remain on long-term uptrend, Russia gonna remain strong

Visions of a rubble bond run in the late 1990s or early 2000s (the one that killed off the quants at LTAM) still scares me hehhe.
Heard that USA have tapped into some shoal petrol thinggy BETTER recenty and their economy may totally shrug off any petroleum price issues. Dunno how true lar - i just glimpsed it. I need to google for more details tomorrow hehe. Sorry ar - like anti-climax only

Eh, sovereign bond % so high... doesn't it mean that that Gov's risk is high(er) than norm?
Later kena haircut like Greek bonds
Hehehe - just a thought yar - sovereign bonds wor (not private / listed companies' AA or AAA bonds). The psychological level i though was 7% and hit that + higher = warning lights all over the place.

This post has been edited by wongmunkeong: Aug 1 2012, 10:34 PM

Treasury Plans Floating-Rate Notes, Prepares Negative Rates

The U.S. Treasury Department said today it is developing a floating-rate note program that could be operational in a year or more, while it is preparing for possible negative-rate bidding.

URL: http://www.bloomberg.com/news/2012-08-01/t...-rate-bids.html

Maby to control inflation? Brazilian bonds has always been around 10%+/-

For those who interested with AmAsia Pacific REIT fund:

AmMutual open to more REIT buys

KUALA LUMPUR: AmMutual, which is positive on the Asia-Pacific real estate investment trusts (REITs) market, is keeping its options open on buying more REITs in the region, but much will depend, among others, on the liberalisation of a country's REITs regulation.

URL: http://biz.thestar.com.my/news/story.asp?f...18&sec=business

Just looked at its Fact Sheet...ridiculously good returns

That is what attracts. If not, I won't be keep on mentioning it since two to three weeks back.