The economy always runs in a cycle, from expansion (growth) to contraction (recession) and vice versa. There's a long time saying "10 years a major cycle ", Japan led the global booming in the 80s, follow by southeast Asia bull run in 90s, US tech boom in early 2001 to China and India superb growth till 2008.
It has been a long 5 years since we hit the bottom , if the history is going to repeat itself which usually is and so true in financial market. We are entering into phases of bumpy ride to the next height.
The STI has increased from 2012 which is around 2700 points to 3200points as of today and our last time peak in year 2007 was around 3800. As the economic cycle repeat itself, we should hit higher than 3800 points in the coming bull market predicted around year 2016-7. It has demonstrated a fantastic window period for those who want to make their money work harder and for those who want to build their first pot of gold.
At the end of boom, there will be a group of new poor; at the end of recession , there will be a group of new rich.
Will us be the new rich ? It is just my humble personal opinion, please call me for coffee or tea and maybe we can share among one another and add some insight into the interesting investment market now.
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