11 Feb '12, 11pm

Chingay cheer in Ang Mo Kio: Ms Tan Yang Po, 49, is busy building a portfolio of properties that will generate a...

How high can stocks go? Investors have been caught by surprise by the local stock market's strong run-up since the start of the year. The widely followed Straits Times Index (STI), comprising blue chips listed here, has risen almost 12 per cent since Dec 31, and is just 40 points shy of the key 3,000 mark. A mixture of euro zone debt woes and United States economic fears had sent the local benchmark crashing below 3,000 in August, to bottom out at slightly below 2,530 in October. Light on spending, heavy on investment Ms Tan Yang Po, 49, is busy building a portfolio of properties that will generate a stream of passive income through her property investment firm. Haste makes waste when you're investing Intuition often plays us out when it comes to investing. We buy when we should sell, or focus on red herrings. So are there ways to overcome such traps?

Full article: http://www.straitstimes.com/Premium/Premium_20120212.html

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