There are currently 2 camps on the stock market. One believes the bull run will continue for at least the next 5 years. The other believes the bull run will end latest by 2019. I happen to belong to the latter. I will explain in my upcoming posts. I intend to make use of this coming bear market to build a portfolio to help me semi-retire. I will be discussing my strategies in this blog.
Jim Rogers recently said "We are going back one day, a couple of years from now, and say that in 2015, 2016, 2017 and maybe, even 2018, oil made its bottom.... I don't know what the absolute bottom will be, but oil reserves around the world continue to decline... But after it made its bottom, prices will go higher for a while." I share the same view as Mr Rogers, and therefore my portfolio is heavy on oil and gas. Here's my oil portfolio: Stock Price Bought CJ Energy 34 USD Enerplus 8.50 USD Keppel Corp 6.40 SGD My target is to keep these counters through the entire cycle of the next oil run. May consider taking profit in 2020?
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