Hee... Being in the financial industry, now even my blog also talks abt investment.
Well.. With the pessimistic outlook of Vietnam economic, I can forget abt the LionGlobal Vietnam for the next one year or so.
Current loss is abt 53% and I think it will probably go down even more after the new report.
Alot of people have been asking me what would be good to invest in these days. As a matter of fact, while most of the prices are quite low (with the exception of commodities), can invest in literally everything. Of course there are some areas which you probably have to be cautious right now..
1) Vietnam
2) US
3) Japan
4) China
Vietnam - For an very apparant reason, the market is relatively small and not liquid enough. And the rising CPI isn't helping.. The fact that the government changed their views since 3 months ago was an indication that things aren't gonna be that fantastic after all. Some locals do not seem to be that affected though but investors' confidence are likely to be affected.
US - Just as everyone thought that the credit writedowns were done with, there were a couple of them which surfaced recently. For a while US appeared to have risen a little but overall still seem pessimistic. Hopefully the election will boast the market just like that of Taiwan...
Japan - Self-explanatory
China - I'm kinda sleepy now.. Think I'm gonna sleep now. Good night..