The money should come from 2011 budget. If we are in a early bull market, then I better buy early.
As can be seen from the graph, the STI has been mostly down for the month of August. I really think the index will continue heading down for the rest of the month but I doubt there will be any crashes come September and October.
For sometime, I agonized whether to buy Asiatic Group (Holdings). I like the utilities story in an emerging economy. However, when I saw yesterday that FJ Benjamin was proposing a 2 cents final dividend, my mind was set on the retail stock. Let's see how it goes.
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