I viewed to remain fully invested year to date. Now at mid year and with the SET nearing 1500 into July, its time to reassess and take a bit more sanguine view. Medium term investors can ride it through.
The risk going forward is bubbly USA and a possible temporary liquidity crunch coming there in the 3rd Q. The market and interest rate positive is that this will only prolong the attractiveness for financial assets into next year 2015....
Why has the Thai Baht not weakened more among all the political mess of late? Why has inflation here -as around most of the world- not been higher despite so many guru's saying for years that its just around the corner.
The past couple of months have been daring to say the least. The big mistake was to walk away and not pick up some true investor bargains. Today I reflect some on this volatile period along with comments on valuation.
All mutual and other institutional funds have a real handicap -yet this is rarely if ever explained. Here today I do so to compliment the just previous member posted article here; which proves smaller cap's outperform and then some, over time.
