Months ago I was jokingly telling my friends that you can buy Citi when it is USD1 buck. Guess what now it is abt 1.50. Very soon my prediction will come true. Years ago I also predicted that oil will trade at 40 ! Well it took 3 years for that to come true.
What's next? i think bank of America will trade at USd 1 - 2. Now abt 4 bucks. If it goes that cheap, I may buy 1000 units. If it goes up to USD30, that would be great ROI. Nice little gain.
Well I have decided to reduce my risk..no banking stocks except a smalle xposure.
Majority allocation will goto S-REITS. Singapore is a solid country with top leaders and huge reserves. They'll emerge stronger than everyone else in this region. Lowest risk destination.
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