Today, the Singapore Stock market lost more than 6%. It is a terrible day. My stock portfolio suffers a bruising. I probably lost a fair bit as I am still holding a few shares. Both my shares in Singapore and Canada lost a lot of value. Luckily I am still young. But my "retirement funds" is not looking pretty at all.
Looks like the whole world is in turmoil. Markets around the world drops. I review a book I read earlier by a stock analyst. This book was published in 2004. The author Simon Sim forecast 2008 was the peak and after that our stock market will go into decline for the next 7 years. Look like he is right. The book is titled The Joseph Cycle.
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