Dennis Ng shared a very interesting chart, the CLSA Feng Shui Index. Click the above picture to see the full image.
CLSA is based in Hong Kong and is both a brokerage and investment firm. It also provides research and this is just one of the interesting analysis they provide – predict the stock market performance with Feng Shui. Looking at the 2010 chart, it seems quite accurate. We shall see how the events will unfold for the rest of the year. If they are right, we are in for a good run!
You can read the full analysis in this link:
[Free Ebook] How should you invest your first $20,000?
We asked 14 Singapore finance bloggers to share what they would do if they could go back in time and invest their first $20,000. They can no longer rewind time, but you can learn from their experience and hopefully start with a better footing.
A word of caution – please just read for entertainment and NOT invest your money strictly with this information. You should do due dilligence to fiidentify good investments and not let this chart affect your thinking.
Cheers to a great year ahead.
FYI – I am still on the long side. I think this is a correction and not another crisis (yet). Take a look at my previous post on the “Characteristics of a bull run“. We are probably in stage 4 now. Again, do not take it as the absolute truth because I can be wrong. But the difference is that I limit my losses and I can afford to take them.