THE BUSINESS TIMES this morning quoted a US fund manager saying: “ I think everyone’s just going to be relieved that we survived the storm of the last month. We’re not out of the woods by any means, but the credit markets are finally thawing a bit and investors aren’t looking over their shoulders constantly, wondering when the next major bank is going to fail or need a multi-billion dollar rescue.”
If those words are spot on, then our 5 participants of the new Stock Challenge are off to a great start, buying at a market low. Already, one of their portfolios is up sharply.