Cherish every second of your life

A couple of days back, a superior of mine got a mild heart attack and a bypass operation was needed because some of his artery was clogged. I visited him at the hospital today and realise that this was actually his first attack . What surpised me is that prior to the atack, he's leading a fairly healthy lifestlye and excerising frequently and the main cause for his attack was his dna, which is hereditary. From this small conversation, I have realised the element of uncertainty in life and also the importance of cherishing everything and not taking them for granted.... Haha, I'm aware all this sounds cliche but well, this can serve as a form of self-reflection in the future when I am unappreciative of things in life

Going back to investing, the STI plunges 50 odd points to 3850+ today... I'm trying to take a bullish and a bearish view on the market currently and below are some of my thoughts :

Bullish thinking
1. More inflow of new funds coming into our market particularly from China...
2. Singapore econmy is growing at a fast pace and with the operation of IR in 2010, more jobs will be created.

Bearish thinking
1 Economy in US is slowing down due to sub prime issues and I read from articles stating that we are not even halfway thru the problem so another bad news may trigger a massive selldown in the global market.

The stocks that I'm holding now are mainly companies which will benefit in the economy expansion period and though I'm confident that they will survive in the event of a recesssion, they may still suffer huge losses . This may result in a deep plunge of stock price due to lack of confidence from investors and I will be in a dilema whether to buy more or to unload them first.

To be continued!!

Melynn