Global stockmarkets are now recovering

The global stockmarkets has been recovering during the past two weeks.

As an example, the Japanese market (as reflected by the Nikkei index) fell from a peak of 17,500 two months ago, to a low of 14,300 (about 18%) and has now recoverd to 15,700 (up 10% from its low).

The other stockmarkets displayed a similar pattern, but not to the same extent as reflected in Japan.

The Combined Growth Fund from NTUC Income reflect a smaller degree of fluctuation, as it is 30% invested in bonds. At the lowest point, the drop was 8%. It has since partially recovered.

For a long term investor, it is time to make an investment when the price is still low.