SOME GOLD FROM THE GOH

Sorry Goh, but I could not remember when was the last time something gold came out of your Goh Column in ST. But nevertheless, I managed to finish your piece today.

The idea of your career or profession or even your job having an influence on your investments intrigued me. I read on and eventually agreed with your observations and suggestions.

From the looks of it, I'd better prepare myself for more equity buy-ins. My broker would be happy. But I do not preclude myself from bonds as well. Especially AAA-rated ones which are getting rarer than that flying snow fox in Bukit Timah Hill. 

For the more entrepreneurial folks out there, here's another gold from Goh.

But bonds are not the only safe havens you could consider, there are properties in neighbouring as well as European/American markets which you may wish to KIV.

But my personal take is...things are too expensive now. Wait up a bit.

Until then, I will wait for more gold from Goh. 

By the way, I usually read the last paragraph of his column first. It's a good yardstick on the quality of the piece.

Cheerios.

SIDEWAYS

The past 12 months have seen an upswing in local and foreign equity markets. By foreign I mean USA, European and Asian ones.

I suspect markets have been pumped in the last one year for institutions to offload at their convenience. It does not help that ECB has started on their bazooka move of QE. But it is still early days as to whether it is any effective.

I see next week's 18 March FOMC meeting as crucial as market watches look to the FEDs for signals to raise rates. However, I am of view that most people are looking to the wrong thing. Interest rates will rise, it is only a matter of 'when'. To me, it does not matter if it is June or Sep 2015. I am not going to trade the markets in those three months of respite if rates rises only in Sep. 

I will just sit pretty and watch the slide.