Panzer is no Warren Buffet, as some Channelnewsasia Market Talk forummer commented, there are a lot of Warren Bluffets around, people who make predictions about equity prices going up or down depending on whether they are taking a long or short view of the market.
What Panzer realises from investing his own monies since 2003 till date is that the returns on cash have been quite poor especially in the last 2 years or so.
Interest rates are so low that local banks are giving 0.1% or so for savings deposits. What this means is that your money when left in the bank is actually depreciating in purchasing power when inflation is minimally 1-2% annually. It was as high as 5-6% last year prior to the global financial crisis that wiped out much of equity values as well as destroyed economic activity throughout the entire world. Continue reading Panzer’s Equity Portfolio as at 20 Nov 2009





Recent Comments