How to Reduce Risks When Investing
Welcome to the 115th Issue of Weekly e-newsletter by www.HousingLoanSG.com This week I like to share with you "How to Reduce Risks When You Invest”
How to Reduce Risks When You Invest?
The First thing I always share is "put your eggs in different baskets" - diversify into different asset classes. For instance, currrently, I have 7% invested into Gold/Silver, 10% in land, 10% in UK Endowment, 5% in French Fine Wine, 33% in Stocks and about 35% still held in Cash (Opportunity Fund).
What do I mean by that?
U.S. Economy Grew in 3rd Quarter for First Time in More Than 1 Year
29 Oct 2009 WASHINGTON (Reuters) - The U.S. economy grew in the third quarter for the first time in more than a year as government stimulus helped lift consumer spending and home building, fueling an unexpectedly strong advance.
Signaling the end of the worst recession in 70 years, the Commerce Department on Thursday said the economy expanded at a 3.5 percent annual rate in the July-September period, snapping four down quarters with its fastest growth pace since the third quarter of 2007.
The report, which followed improving third-quarter corporate earnings, lifted stock markets around the world and the broad S&P 500 index of U.S. stocks rose more than half a percentage point at the open. Prices for U.S. government debt and the U.S. dollar fell as traders switched out of safe havens and into riskier assets.
Economic Recovery In Doubt, Wall Street Tumbles...
Looks like the Stock Market Correction that I warned about is finally here. Wall Street fell by over 300 points in 4 days, to about 9,762.90 points.
NEW YORK (Reuters) - U.S. stocks tumbled in a broad sell-off on Wednesday, sending the benchmark S&P 500 lower for a fourth straight day, after weak data on new home sales heightened concerns about the pace of the economic recovery.
Financials, technology, materials and industrial sectors, which underpinned the market's advance from March, bore the brunt of the slide as investors reassessed their bets.
"The housing data definitely created an additional leg down in the market," said Mike O'Rourke, chief market strategist at institutional brokerage firm BTIG in New York. "A lot of people realize that we're correcting right now and are being cautious."