Summary of Investment Seminars by SPH on 12/1/2013
by ckchoy
Today, I attended a Mandarin investment seminar organized by SPH.
蛇年投资理财有高招?
Few speakers covered a wide range of topics including Singapore's economy structure, Gold investment, Forex, Stocks, Property investment...
First speaker: Still optimist on Singapore economy grow, about 3% for next 2 years, thanks to government effort and policy.
Second speaker: Gold trading.
- reviewed 2012 trend - about 5% return (minus 2% interest paid), a very tight range profit
- long term uptrend still intact since no sign of reversal
- currently stuck in tight range between 1500 - 1800. Until the support/resistance is broken, gold will continue trade in this tight range
- expect 2013 trading pattern about the same as 2012, conclusion, expect reward/risk ratio not attractive
Third speaker: Forex
- USD remain weak in short term due to quantitative easing
- expect USD to strengthen in second half of 2013, after FED changed view that it may started to tighten monetary policy/interest hike when jobless drop below 6.5% ( Instead of tie to calendar year 2015 to remain zero interest rate policy)
- US is in the development phase of its on energy producer and will depend less or import less energy resources from other countries and may even become an energy producer. Hence expect US deficit to narrow and even back to surplus - this will further give rise of strength to USD.
Fourth Speaker: Stocks talk: the summary from the speaker should be towards cautious positive, favourable but challenging. Nevertheless he mentioned few stocks that we should take a look at ( good counters for good investment opportunity and means room for upside potential )
Oxley
LippoMalls
Cordlife
CNMC
Delong
His research is based on fundamental analysis. He recently went to China for his routine company visit and research and concluded Delong is a good company and provide good investment opportunity.
by ckchoy
Today, I attended a Mandarin investment seminar organized by SPH.
蛇年投资理财有高招?
First speaker: Still optimist on Singapore economy grow, about 3% for next 2 years, thanks to government effort and policy.
Second speaker: Gold trading.
- reviewed 2012 trend - about 5% return (minus 2% interest paid), a very tight range profit
- long term uptrend still intact since no sign of reversal
- currently stuck in tight range between 1500 - 1800. Until the support/resistance is broken, gold will continue trade in this tight range
- expect 2013 trading pattern about the same as 2012, conclusion, expect reward/risk ratio not attractive
Third speaker: Forex
- USD remain weak in short term due to quantitative easing
- expect USD to strengthen in second half of 2013, after FED changed view that it may started to tighten monetary policy/interest hike when jobless drop below 6.5% ( Instead of tie to calendar year 2015 to remain zero interest rate policy)
- US is in the development phase of its on energy producer and will depend less or import less energy resources from other countries and may even become an energy producer. Hence expect US deficit to narrow and even back to surplus - this will further give rise of strength to USD.
Fourth Speaker: Stocks talk: the summary from the speaker should be towards cautious positive, favourable but challenging. Nevertheless he mentioned few stocks that we should take a look at ( good counters for good investment opportunity and means room for upside potential )
Oxley
LippoMalls
Cordlife
CNMC
Delong
His research is based on fundamental analysis. He recently went to China for his routine company visit and research and concluded Delong is a good company and provide good investment opportunity.
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