The time has come!
Quantitative easing (QE) will end by October 2014 and soon we will see bank interest rates increasing 6 months from october! Mean i got about 7 months to a year to save up some Vitamin M for some reits and blue chips that are heavily leveraged now!
To some, QE ending in October may be a bad news as companies with high bank borrowings will suffer due to rise in interest rates, causing their share price to dip. But for me, this looks like a good news to me as it tells me I can save up some money for good companies whose share prices are very expensive now. Secondly, this piece of news also show me another path where i can start looking at companies with little of zero debt like Sheng Siong (OV8.SI) & Neratel (N01.SI).
Great times are coming ahead and it's about damn time for me to be greedy when other panick!
For my next blog, I will be updating my portfolio as lately I have made some purchases so stay tuned!
Happy investing!
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