The major world indexes stormed ahead in January reaching levels close to or at those last seen in 2007/8 BEFORE the crash and subsequent crises. Will this performance keep going at this pace? probably not. Have you missed the boat waiting for the right moment? Well, you certainly will not get the prices that you could have got in the past 3 years where investors who understand the nature of cycles and who have been investing furiously in good companies with poor stock prices, are now sitting on (in some cases) double/triple digit gains with excellent dividend yields on the top of that. It is however not too late, for down in the dirt are gems just waiting to be uncovered. Why am I so sure of this? Because there always has been, and there always will be, what it takes on your part is hard work, and a solid plan, to find them. This is what being your own fund manager is all about.
01 February 2013
INDICES HIT NEW HIGHS