Dow continues 3 days record high at 14,335

Dow continuous broken new records for last 3 days. Low interest rate worldwide, improving data but debts issue remained. Money continuous become smaller as even Buffett commented on CNBC that even though market is at record, money is virtually no return if not invest in equities. He also commented that interest rate will increase eventually and cause all assets values decrease. But he is confident that situation eventually will readjusted and back to universal inflation rule.

On the other hand, Jim Roger continuous believed that the market is subject to a big correction as the fundamental debts problems are not change. He does believe interest rate will eventually increase.

That means low interest rate environment will disappear but we don’t know when.

Our stand is continuous defensively stay invested by selling over price assets and switching to undervalue assets with fundamentals as first concern. Continuous reduce all loans and preparing fund for a potential big correction underway. Our portfolio will fine tune the formula that will stay invested and taking opportunity when market correct.