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
Deployed 27% of war chest liao! Next level of deployment is STI @ 2,300.
ReplyDeleteCircuit breaker! LOL!
Wah Uncle8888,
ReplyDeleteYou more garang than me ... so far I deployed 24% of war chest as of last night.
Most US assets still haven't reached undervalued stage yet, maybe fairly valued. Can nibble but no munching!
Asia & EM though are rather undervalued ... but of course can become much more undervalued! Hohoho! Will munch more as my puke indicators get triggered LOL!!
VIX fear last night was slightly higher than Oct 2008. The biggest recorded fear though is still Oct 1987 Black Monday period, which was about 55% more "fear" than currently ... at least that one taught us about circuit breakers, otherwise last night will be another Black Monday in the history books.
This is looking like a combination of 1987 + 9/11 in terms of speed & magnitude of volatility, as well as demand / consumer destruction .... and will continue to be so until infection curve flatten out in US.
The main difference is that the consumer destruction will be longer & more widespread than 9/11, until such time that the virus can be contained. This is the big unknown that is driving investors & speculators crazy currently.
I'm still optimistic though that by the end of 2020, we'll look back at these few months as being one of the best times to load up for the long haul. :P
LOL!
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