Daily Market Blog: Just another Record

22-AUG-14

'I found a quote from Peter Lynch (one of the greatest investors of his generation), "If you put $100,000 in stocks on July 1, 1994, and stayed fully invested for five years, your $100,000 grew into $341,722. But if you were out of stocks for just thirty days over that stretch-the thirty days when stocks had their biggest gains-your $100,000 turned into a disappointing $153,792. By staying in the market, you more than doubled your reward". He goes on to say "That's not to say there's no such thing as an overvalued market, but there's no point worrying about it. "'





To market, to market to buy a fat pig. Yesterday the S&P 500 reached another record, the 28th for the year. Here is an article that looks at how often all-time highs come around, about 1 in every 15 trading days. All-Time Highs in the Stock Market are Perfectly Normal, "There are any number of reasons for stocks to decline. But stocks don't have to crash merely because they hit all-time highs. It's perfectly normal."

I found a quote from Peter Lynch (one of the greatest investors of his generation), "If you put $100,000 in stocks on July 1, 1994, and stayed fully invested for five years, your $100,000 grew into $341,722. But if you were out of stocks for just thirty days over that stretch-the thirty days when stocks had their biggest gains-your $100,000 turned into a disappointing $153,792. By staying in the market, you more than doubled your reward". He goes on to say "That's not to say there's no such thing as an overvalued market, but there's no point worrying about it."

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Stocks which we currently recommend

Amazon.com is the world's leading online retailer.

Apple is global leader in tablet and smartphone technology.

Aspen is a rising global star in generic pharmaceuticals.

BHP Billiton is the world's largest industrial commodity mining company.

Bidvest is a diversified services company, which may re-organise its portfolio.

Cerner provides IT solutions in the healthcare industry.

City Lodge is a growing mid-priced hotel group in urban areas of SA.

Discovery is a healthcare services administrator and life insurer.

Famous Brands is SA's largest quick-service restaurant group.

General Electric is a diversified investment holding company.

Google is the world's biggest search engine and online advertising platform.

Johnson & Johnson is the largest consumer healthcare and pharma company.

L'Oreal is a world leader in the manufacturing and sale of beauty products.

Luxottica is the world's largest branded sunglass maker and retailer.

MTN Group is an emerging markets mobile telecoms giant.

Massmart is a big-box discount retailer in Africa, now 51% owned by Wal-Mart.

McDonald's is a leader globally in the casual dining market.

Naspers is an in emerging markets company focussed on digital TV & Internet.

Nike is a global designer and retailer of sporting equipment.

Omnia is a fertiliser and explosives producer.

Richemont is a luxury brands company expanding in Asia.

Sasol is a global player in chemicals and fuels technology.

Starbucks is a roaster, marketer and retailer of coffee.

Stryker makes hip and knee joint replacements and hospital beds.

Tiger Brands is a basic and branded food producer, expanding through Africa.

Visa is a global payments technology company.

Woolworths is SA's leading organic food retailer & clothing business.

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