My current favorite expression is Yikes! coined from a friend of mine it feels like the right word to use as I view the stock market indicies through the course of the day. Yikes the FTSE just went into 5500 territory again, oops no it's back up to 5600 again, ah wait a minute it's dropped again.
What a turbulent time this is, and what a great time for good advisers who are needed in these challenging circumstances.
Opportunities are around but the question is whether to buy into the top heavy markets such as oil, or to capitalise on others misery in the equity markets and pick up some bargains, or simply stay put or sit on the fence in cash.
Until then we could be in for a summer of Yikes!
About Me
- Mark Paine
- Singapore, Singapore
- I joined Meyado Private Wealth Management as an international financial adviser in 1993. I have lived and worked in the USA, Europe, the Middle East and currently reside in Singapore in South East Asia where I am Managing Director of Meyado Pte. I am a qualified Financial Representative in Singapore under the MAS Financial Advisers Act as well as holding UK FSA CFP and FPC examinations and a BSc in Business and Law from the University of Hertfordshire in the UK. You can contact me at markpaine@meyado.com
No comments:
Post a Comment