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Tuesday, June 11, 2013

STI down! Don't panick.

The STI had been performing badly these few days and a lot of red numbers are coming up from the SGX website.

US was upgrade to stable by S&P, and Japan upgrades its economic outlook.

Source: http://www.reuters.com/article/2013/05/20/us-japan-economy-report-idUSBRE94J00S20130520

Source: http://money.cnn.com/2013/06/10/news/economy/sp-u-s-credit-rating/index.html

Both of them are good news but despite that, it still is not able to push up the markets. At current situation when the market is selling, most people out of fear, will start selling as well.

"The market is there to serve you, not instruct you" as stated by Warren Buffet.

Be determined and stick to your decision.

Good luck


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