CIMB Singapore Strategy: We are in a safety bubble!

[pianist]

What they meant is, there is relatively too much optimism in high yield stocks (aka defensive stocks, ie "safety" stocks). Thread carefully.

My take is, always go for stocks with the lowest price to value ratio, skip the overpriced/fairly-priced shares altogether.

wow...seems like there is not much meat left in the world. after the property price gets priced out of the reach of many ppl, now it is the the stock turn. the danger with stock is that penny stock seems cheap to buy..seems reachable without regard to the respective ratios. I think some bloods some pains is on the way soon

[smalkmus]

The four most dangerous words in investing are 'This time it's different.' - Sir John Templeton