Volatile July 2015

As July begins, we are faced with volatility in worldwide stock markets once again. It does seem like a perfect storm is brewing, if not already started, what with Greece defaulting, Chinese stocks crashing and the rest of the world trying to stay afloat amidst the commodity crash.

Will be blogging about some of my other favourite SGX stocks as soon as their valuations become attractive enough by my standards.

In the mean time, just sit back, collect dividends and wait for the market to retreat a bit more. After all, the STI is only down about 5% from recent high of 3500+ points, which was spurred by rumors of a SSE-SGX link, which seeing how the SSE is tanking will probably be many many more years in the making if ever.