Investment

Singapore time 8.35 am 2nd August 2007

Share prices are going downhill and many speculators might have lost money. Genuine investors will only hold them or with extra cash, buy the cheap shares now.

I can hold for about a month. If the prices are still low I might have to sell some for monthly expenses.

I discourage speculation. Big players are the ones controlling the market. Buy those shares that give you dividend every year. This is much better than return from fix deposit in banks.

New ipos are making money. You can apply for them but chances are slim same as lottery.