Wednesday, 15 January 2020

Buying Stocks During A Financial Crisis Is A Bad Idea???


When Uncle8888 read this in the investment blogosphere:

Investing For Retirement: Why Buying Stocks During A Financial Crisis Is A Bad Idea


Walau!  Brother, Chun Bo?

20 years in the stock market; Uncle8888's greatest regret in long-term investing is NOT having bigger war chest to cast his fishing net wider and deeper and deeper down during market crashes.

His regret for catching just a few fish in earlier market crashes but NONE in 2008/2009 GFC. Bang head!

That is his biggest mistake and regret!

This shall NOT happen again in the next market crash!

Buying Stocks During A Financial Crisis Is A Bad Idea???

Bad ideas looked like this???

Lifetime of guaranteed MINIMUM yearly Yield from 2000 to 2041 over 42 years is 6.3%


How bad???






7 comments:

  1. CW,

    He would say that, wouldn't he? LOL!

    Veterans who survived a few bull/bears cycles know better. Then again, we won't be his "clients" ;)

    As for bei kambings, well... That's another story!

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  2. Kekeke ... I also surprised. Thought it is click-bait. Then saw the submit-your-contact for "follow-up chat" LOL!

    Well, cannot say he never try to sell right?!? Hahaha!

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    Replies
    1. Ha ha. Try to sell. With my head full of white hairs, still once in blue moon stopped by agent when passing by insurance roadshow booth. Never stop to try to sell. Ha ha

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  3. I don't want to be in a situation where I have no money entering into a candy store that has a big discount sale.

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  4. Sitting on a pot of gold but done nothing during a crisis is a bad missed opportunity.

    Oh, how I wish my brain was as developed as I am now during the 1998 property crash and 2002/2003 SARS.

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    Replies
    1. Peace time can draw out plan to deploy this pot of Gold. Execution count!

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