Saturday, November 14, 2009

Wawasan 2020

Recently PM mentioned that in order to achieve Wawasan 2020, it takes 6% GDP growth every years until 2020. What it means? It means 6% GDP growth every years will simply make our economy so good just behind China. Imagine Malaysians average income will be double by then. Consumers purchasing power will be great. Inflation is a definite thing to follow. Scenario will be :
  1. Stock market will be so good to the KLCI level we ever seen... 3,000 points!
  2. Economy is so good, everybody is able to own houses. Properties price will shoot up especially landed properties. In additional, Malaysia is earth quake proof in this regions.
  3. Once purchasing power is powerful, big corporations will make huge profits. Foreign big corp would wanna get some market shares in our local market. International trade will be tremendous.

As long as whatever neccessary steps to achieve the Wawasan 2020, the above scenario will be true. Time to invest in quality stocks in Malaysia.

Remisier@OH

No comments:

Post a Comment

Followers

About Me

My photo
1991 B.A. WWU USA. 1992 Portfolio Manager. 1994 Remisier. 2005 Certified Financial Planner.