Something I wrote:
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The current financial crisis has brought many economies down,
along with their indexes. Dow Jones, S&P500, Nasdaq, Straits
Times Index, Nikkei, Shanghai Composite Index, Bombay Sensex, Hang
Seng Index, etc, you name it.
In particular, Straits Times Index (STI) has fallen from its high
of 3900 to a current ~1800 situation, with expectations of 1500,
1200, or perhaps even lower. Many stocks are at a very low and
attractive price. To invest and benefit from this recession, we
should have a strategy.
As a newbie in the world of investing, and someone who has just
graduated and started work just months ago, I wouldn't have much
cash to invest in. My current strategy is thus a very conservative
one.
My simple and brainless strategies:
