Showing posts with label stock market. Show all posts
Showing posts with label stock market. Show all posts

Thursday, January 8, 2009

Investing Quotes by valuelife


"The stock market usually make people suffer more than prosper."

"Only less than 10% investors can beat the market, the rest are eaten by the market."

"Investing is like gambling. You see outside TOTO shops, see inside GENTING. People have the tendency to gamble. They want to get rich fast, but it doesn't happen that way."

Saturday, November 15, 2008

US Economy vs Stock Market

During the period of 1998-2008, the US economy grew by a staggering 65.5%! On the other hand, US stock market's performance looks pale in comparison with its economy. DowJones, the indicator of US stock market performance as a whole, contracted by 7.5% for the last ten years! Is it amazing?? The stock market index, which is also supposely track the performance of the economy of the country, did not match the underlying economy. The economy grew substantially but not the stock market!! Interest rate is below 1%. Borrowing is cheap! Money is cheap! Do you see what I foresee? Cheers!!!