As the SET is flirting with a 15 year old high of recent we must navigate more cautiously. Here I mention a new idea to consider. Taking profits is never a way to loose money.
The Aussi Dollar is buoyant recently in good part because of the strength of the Chinese economy. Exports to China from Australia more then doubled in the past 3 years.The fortunes of China’s economy will now loom as a major risk factor for Australia.
Today being a national holiday, I reflect on a few investor comments of the stock and retirement choice type. I took a portfolio choice nice profit of late -but remain bullish.
On March 21 & 22 2011, I attended this 2 day yearly event: The 5th Annual Euromoney Thailand Investment Forum "Continued Growth in Uncertain Times". Here today is my report for you.
We must all ask ourselves: what are the wise telling us in big books today, what will equally turn out to be dead wrong? An example from the late 1980's, when I was back then the most succesfull broker at Morgan Stanley's Chicago, USA office.
Many astute investors the world over keep telling us that precious metals remains the place to be in times of increasingly Central Bank's irresponsibility. But Thailand is a special case and their central bank is, well rather highly responsible.
