My mood has improved tremendously this minute as I watched the shares climb again all over the world except Malaysia. Strange huh? (wink wink). I had better post this blog fast as things seems to change everyday. So the Bull may not last.
I am giving you these tips NOT that I own a single share in this world but there will always be those of us who are higher risks takers than the rest, and who have more money than they know what to do with.
My dear departed dad used to tell me; it is easiest to become a Millionaire when times are bad, not when times are good.
So I just pass all these critical info onto you guys, k?
And don't go asking about my stock market experience.
Both times I bought stocks, ie 2 stocks only, I have lost money.
So who better to pass you tips than me?
But rest assured my tips came down from Gurus on high to me.
So no problem. I tell them to You!
My gurus tell me
1. Buy into DAX (German stocks) when the index gets down to 2,500. This should take no longer than a year
2. Buy into Companies manufacturing household items like Unilever, Henkel (of Germany) or now ICI/Akzo
3. Do not buy any big ticket items for 1 to 2 years. Prices will drop
BTW my dad also used to say that by the time my mother's hairdresser is giving her stock picks, is the day we should run for the mountains.
& Nah. My dad didn't play the markets
& Nah. We didn't make a million either