Futures point to a rally at US today

A good read

5 reasons everyone hates this bull market...and the're wrong

1. Failure to separate stocks from the economy



2. Moralizing over corporate profits

3. Stubbornly sticking to a bad call

4. Reluctance to buy a top

5. Information overload

This post has been edited by Pink Spider: Aug 1 2013, 09:39 PM

What we can glean from that MarketWatch article:

Companies CAN make good profits even when the economy is in a bad shape
Companies CAN make good profits even when the people are suffering high unemployment, stagnant wage etc

Which brings us to question FSM and Pacific Mutual's insistence on overweighting Asia ex Japan and China in particular and on underweighting US and Europe.

Remember I used to say that the biggest multinational corporations with operations around the globe are mainly based in US and Europe?

This post has been edited by Pink Spider: Aug 1 2013, 09:44 PM

LAST TWO MONTHS mar...how much have Dow, S&P 500 and Europe went up relative to Asia ex Japan markets in the past one year plus? FSM is already late to get onboard

I'm actually contemplating to top up a fund which is 1/4 invested in China/HK and 16% in US tomorrow, boost my China/HK exposure a bit, maintaining my US exposure



This post has been edited by Pink Spider: Aug 1 2013, 10:03 PM

http://www.fundsupermart.com.my/main/fundi...number=MYAMAPRP

So, u interested?

I think not for me, I prefer to have a pure REIT fund, cos my other funds like Hwang Select Asia Opportunity and Pacific Global Stars already got quite significant property sector exposure esp in HK.

My portfolio IRR back up to 6.1% as at end of Jul-13.

Close v3, let's move on to v4:
https://forum.lowyat.net/index.php?showtopic=2910659