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Monday, November 17, 2008

Market View 17 Nov 2008

Wonderful Noble!
Great rebound by Noble!
Did you earn anything from the Noble man?

Last Saturday, I was at a relative's function, and the
topic moved to current financial situation in the world.
Some said that they have taken all their money from the
bank, and is keeping them in the house. Some said that
they no longer trust the bank's products, but their money
is still in the saving account, since the government had
guarantee the deposits.

There are tons of Fears in their speech, and not a single
thread of Greed, and I was smiling in my heart that such
a situation is happening. I did tell them that now is the
Best time to pump in some money into stocks, both
for capital appreciation and dividend yield, but it falls on
deaf ears. It's OK with me, they can jolly well keep their
money in the biscuit tin, for all I care.

So tell me? Where is your money now?
In stocks? Bonds? Unit Trust? Gold?
Fixed Deposit? Saving account?
Or really Biscuit Tin?

Stay Alert but be Aggressive too.
Audentes Fortuna Juvat

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