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Monday, July 3, 2006

Global stockmarkets are now recovering

The global stockmarkets has been recovering during the past two weeks.

As an example, the Japanese market (as reflected by the Nikkei index) fell from a peak of 17,500 two months ago, to a low of 14,300 (about 18%) and has now recoverd to 15,700 (up 10% from its low).

The other stockmarkets displayed a similar pattern, but not to the same extent as reflected in Japan.

The Combined Growth Fund from NTUC Income reflect a smaller degree of fluctuation, as it is 30% invested in bonds. At the lowest point, the drop was 8%. It has since partially recovered.

For a long term investor, it is time to make an investment when the price is still low.

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