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Originally Posted by Unregistered
what are the stocks that quadrupled in value? i bought blue chips and is now just shy of doubling my investment. but i'll be exiting the market very soon, to lock in the profits, and also in anticipation of a trending down due to withdrawal of stimulus and a possible double dip due to the unprecedented nature of the world economies. if you check, v-shaped recoveries in recent decades almost always ended up with gradual declines over several years after the initial knee-jerk reaction. my view is that prices have overshot their intrinsic values.
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Wow blue chips investor and you managed to achieve capital gains of 100% in less than a year. That means you must have bought them during the Feb-Mar 09 period when the STI was at its lowest around the 1600 mark. I've seen people getting these sort of returns with riskier small caps but you managed to achieve that using safer bets. Well done, and isn't the fundamental of investment being higher risks higher returns.