Monday, September 04, 2006

Most stockmarkets went up 8% during 2 1/2 months

Most stockmarkets reach their low point in mid June. Around that time, we advised our investors to top up their investments.

During the next 2 1/2 months, several stockmarkets went up:

- Singapore, Malaysia, USA by about 8%
- Japan, Hong Kong, Korea by 12% to 16%

Most of our investors who topped up our investors gained by an average of 4%. This is due to:

- some of our funds have a proportion invested in bonds, which did not show the same gain
- some of our investors topped up later, and benefitted partially from the gain

Nevertheless, the gain of 4% is quite satisfactory. We have many happy policyholders.
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1 comment:

Kyith said...

it does not mean that markets are up 8% means its good for your policy holders. we do not know the future. posting results for the past 2.5 months makes it seems you advocate short sighting then taking a long term view of your money.

September 08, 2006 11:21 PM

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