Financial Crisis, which stocks to buy?
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In a crisis,any stocks are good to buy.
Because in economics,whatever goes down will raise up.
Stocks are all time low during a crisis and when thye rise,u can expect a killing.
That is IF the company does not go bankrupt. -
Maybe you can take lionnoisy's advice if you want risk free returns
:Originally posted by lionnoisy:
CPF give you better return than u are holding US bonds!
[b]US 10 years bonds is 4.673%pa,
But the inflation rate for past 3 years is 3.1% on average,
making the real return only 1.673%.
2.Now CPF give u 3.5 % for below S$60,000.
Spore inflation is around 1.4%,making real return 2.1%!!
added 20 aug
3.thanks for all the comments,just to add Medisave, Special & Retirement accounts 4% p.a. will be increased to 5 %pa.Ordinary account 2.5% p.a.will be increased to 3.5%pa.
Therefore,real return is 2.1 to 3.1 %pa,higher than US
treasury bonds 1.673%.[/b] -
No a good time to buy cause most of the stock had risen to a petty high value now. Best watch cause the market is still very unstable unless you got holding power.
Look for cheap blue chip if any. Others no comments. I don't think bear is around the corner except that it will take few weeks at least for it to stablise.