After reading up what Adam Khoo has wrote on Warren Buffet's approach to picking stocks and NOT losing money, I developed this fear for the Singapore stock market. STI has reached a record high of 2960 by mid-day. Does this mean that the market is really breaking through the 3000 mark, as mentioned in the papers? Analysts believe so, as I read from reports by investment institutes. But I fear for a huge correction coming up for the market.
If according to Warren Buffet's approach, the market will always go up. It is just a matter of time, because inflation will always make prices go higher.
He says,
"Buy when the prices are falling, when they become undervalued. Sell when the prices are rising, when they become overvalued."
So is the Singapore market becoming over-valued?
I always believe what goes up will eventually come down, if you know what I mean....
If according to Warren Buffet's approach, the market will always go up. It is just a matter of time, because inflation will always make prices go higher.
He says,
"Buy when the prices are falling, when they become undervalued. Sell when the prices are rising, when they become overvalued."
So is the Singapore market becoming over-valued?
I always believe what goes up will eventually come down, if you know what I mean....
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