With four more months to go before we reach end of 2010, it has been relatively "quiet" year for me as far as investment is concerned. This is probably due to the fact most gains were registered during 2H of 2009 and my decision to go for more low risk investment i.e. bonds this year. However, with continued inflow of money from stock to bonds (and bond funds) esp. emerging market bonds, I am now not sure if the party will be over soon.
Personally, I invested in bonds purely for its regular income, and always have my reservations when the appreciation of bonds starts to overtake their yields. Anyway, I guess I'll still hang on to bonds for a while more given that my allocation for stock is already at all time high.
For coming weeks, I will be looking at possibility of venturing into agriculture sector via a suitable ETF, esp. those related to food production. I especially applause the recent move by Wilmar to acquire CSR Ltd's sugar business which now gives it the control of more than half of the sugar production in Australia.
Being an investment contrarian (or trying to), I will also start to look at putting a small investment into European ETF. Despite all the glooms surrounding PIIGS, lets not forget that Europe still has some of the best global firms in the world, e.g. Nestle, HSBC, Novartis, Banco Santander, GlaxoSmithKline, Siemens, SAP, ABB, BASF, Royal Dutch Shell just to name a few (now are you convinced?), not to mention that the current weakness of Euro now which should boost the total investment returns when its stock and currency recover in time.
Hmm... I hope I don't give you the impression that I am a copycat of Jim Rogers.
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