Goodbye 2009, Hello 2010.
So what is in store for investors in 2010?
The past one year saw the economy collapse to the worse since the Great Depression. Recovery took a blow when Dubai announced they are defaulting payment for 6 months.
In my opinion, the economy in 2010 will be slow to recover. However, there is light at the end of the tunnel for Singapore stocks. I foresee the property market, F&B and the transport market to grow with the opening of the IR. With the influx of foreigners coming to Singapore, our economy is expected to pick up.
I will be looking closely at the F&B and property related industry.
As for now, I have bought into 3 companines namely: Wellness, F&B and dry bulk carrier.
My target is to invest into 2 more companies.
Well, I am waiting for my first dividend.
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