Mexican Peso broadly weaker as market sentiment sours
-
The Mexican Peso falls versus the US Dollar after the release of US Q1 GDP
data. The Peso had already been weakening as market sentiment
turned negative. ...
23 minutes ago
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).