This blog is authored by an old multi-bagger blue chips stock picker uncle from HDB heartland!
"The market is not your mother. It consists of tough men and women who look for ways to take money away from you instead of pouring milk into your mouth." - Dr. Alexander Elder
"For the things we have to learn before we can do them, we learn by doing them." - Aristotle
It is here where I share with you how I did it!
FREE Education in stock market wisdom.
Think Investing as Tug of War - Read more? Click and scroll down
Just buy after a major bear when STI drops by over -40%. When that happens, no need brains --- just load up on STI ETF, Nikko REIT ETF, blue chip stocks & REITs. Hohoho!!!
ReplyDeleteIn the meantime if you have a large cash war chest or earning salary, just park it in FDs, MMFs, investment grade short duration bonds. It's a good time for those with bullets & looking to invest for the next 20-30 years ... but need patience now. :)
We're closer to the end of stock market bull than the beginning, although it may take another 1-2 years & prices can go up another 100% from here...
If already have large amount in risk assets, just hang on for the ride .... But have a plan to get out with minimal losses (either real or opportunity costs).