Trust Bank Singapore, New Digital Bank Freebies!

Image
Have you applied for your Savings Account or Credit Card with Trust Bank Singapore, Singapore's digital bank backed by a unique partnership between Standard Chartered Bank, and FairPrice Group? REFERRAL CODE: BZACYE0F ( it is a number zero, not letter ) Get $35 worth of free Fairprice vouchers and other freebies by just Downloading the Trust App and Open a Savings Account online with the App, simple/easy within 10mins!: Get free $10 Fairprice E-voucher (no minimum spend at stores/online) by entering this code ( BZACYE0F ) when apply for the Savings Account. Get free 1kg Fairprice Rice voucher Get free Kopitiam Breakfast Toast Set voucher Charge one transaction to your debit card to get free Fairprice $25 voucher (no minimum spend, at stores/online). Hack: Do a funds transfer of $1 or $10 from your own bank to Trustbank savings account. Then Just add your debit card number to Grab App, authenticate with $1 charge/refunded to your saving

S&P 500 / DOW / STI Charts for 1Q2009?

My Stock Market Masters are on holiday, so Stock Market Forecast - December 29 Weekly Update will be delayed.

How will the S&P500, DOW and STI Charts for 1Q2009 look like?

There are many research comparing 2008 to 1929. My Fengshui Master said the 5 elements of 2009 are very similar to 1929.

So, we shall take a look at the following graphical comparison of the stock market crash of 2000 - 2008 to crashes in 1990 and 1929. Hmm... very eerie right?

The chart shows the 1929 (Dow Jones index / US), 1990 (Nikkei index / Japan) and 2000 - 2008 (AEX index / Europe) stock market crashes, and the pattern is always the same:

  1. Bubble / Boom: stocks rise more than 350% in 6 years.

  2. Crash / Bust: market falls more than 50% in 3 years.

  3. Aftermath: markets are volatile for at least 10 years, and they end where they began.

Human nature does not change overtime. Greed and fear drives the market. Investors behave the same in the US, Japan and Europe. And there is no "this time it's different", not in 1929, 1990 and 2000.

(Comments in blue extracted from source which provided the graph)


Here is another graphical comparison of the charts for 2002 to 2008 vs 1932 to 1937. So eerie!!

So, how will the S&P500, DOW and STI Charts for 1Q2009 look like?

Lookout for Part 2 to this article!

Comments

Popular posts from this blog

CPF@55 Policy Designed to Make the Rich Richer!

NTUC Fairprice Shares pays 5% dividend!

LIFE@55 - What CPFB Don't Tell You!