DFM up 93% with best performance this year since 2005 but will it crash next like in 2006? « ArabianMoney:
"The Dubai Financial Market General Index is up 93 per cent year-to-date making it the world’s top stock exchange again, a crown it last held in 2005 when the index advanced 102 per cent.
However, in January 2006 the DFMGI started a long plunge down and lost 85 per cent of its value in a bear market that only finally hit rock bottom in January 2012.
Welcome to the wonderful world of volatile emerging market stock markets. They are incredibly difficult to invest in successfully. Our sister ArabianMoney investment newsletter (sign-up here) advised buying in July 2010 and waiting for the recovery whatever happened to share prices in the interim period."
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