Straits Times Index (STI), the bourse for Singapore has been recovering at a very fast pace from global economic crisis that took place between 2008 and 2009. Economy has been recovering rapidly since mid 2009. Commodity prices are once again at new height. This is especially so for crude oil which has already passed the $110 mark. To understand investing, one must understand that what are the factors contributing to the rise and fall of Singapore stock exchange. For instance, if the rise of crude oil would means companies dealing in petrol, fuel and oil rig businesses would most likely to rise as well.
But where do we get information and up to date news like this for an informed decision to be made? What stock to buy? These are the questions that new investors would ask. It is good to visit the most popular Singapore stock forum, Channel News Asia Forum - Market Talk for such information. However, it is important that investors should verify the facts that are posted in such forum because facts may be distorted by people who have vested interest in the particular stock counter. It could be the case that these investors are trying to rally support of some stock counters with the help of the forum. This is known as an inducement to trade.
That is why getting accurate data and information from Singapore Stock Market information website like Sharejunction is vital in stock investing. New investor who are generally inexperience in investing should not speculate and jump straight to technical analysis. Company fundamentals should be studied before jumping in. The psychological behavior of investors in bullish or recovering market are likely to have the fear of losing opportunity and therefore jumped in to buy at high price. That is the reason why, the elderly who have very limited knowledge about investing usually kept stocks or counters for many years which they had bought at a very high price. Target price guide issued by banks and financial institution is a good guide as well. But one should not follow blindly.
Another good site for investors to understand more about stock market terms and jargons is - Investopedia.
It is more prudent for investors to read and find out more to make informed decision themselves. Remember, "Caveat Emptor", which means buyers beware.