Fri 8 Feb 2008
Sounds Scary? But Fortune Favors The Brave Only!!
Posted by Robin Bal under Investing , Stock Markets , Uncategorized1 Comment
If you're new here, you may want to subscribe to my RSS feed. Thanks for visiting!
How is it that very few investors can make real profits, grow their net worth and consistently beat the market? That’s because it often takes one or more of the following rare traits…
The vision to identify breakthrough products, leaders, and brands.
The knowledge to spot an undervalued gem in a sea of glass
The courage to buy and hold when others are running scared
Occasionally, you’ll come across an investor with one of these valuable characteristics. And it’s likely that person does quite well. But I can’t imagine a person who can offer all three.
That would take two very different and even contradictory approaches…Fortune favors the brave only!!
The global economy looks set for a rocky ride in 2008. But for investors with enough cash in their portfolios this year will offer many opportunities to pick up undervalued assets. Equities in developed markets look particularly cheap.
While economists believe that the US is already in recession, other parts of the world are still enjoying good growth. Nonetheless, lower corporate profitability, inflationary pressure decreased liquidity in international markets and the slow pace of interest rate cuts are likely to spell modest returns across many asset classes.
Read (more…)
