STI didn't really crash in 2020!
So will STI crash in 2021?
Who are those worry about the next Market Crash?
Are you one of them?
Have you plan what to do over the next few months?
STI didn't really crash in 2020!
So will STI crash in 2021?
Who are those worry about the next Market Crash?
Are you one of them?
Have you plan what to do over the next few months?
Looking at 50 years of data, the longest SG bull was from Jan 1975 to Jun 1981 (yeah during the stagflation years LOL). Shortest seems to be from Sep 1998 to Dec 1999 (but STI shot up 3X!).
ReplyDeleteNow, STI has been in a HUGE megaphone pattern since 2010. Really rare as megaphones are usually shorter term --- at most months, not years.
Unfortunately for buy-and-hold investors of SG large caps, the past 10 years has been very unkind. They would have needed to go all-in during the 1st half of 2009 in order to have made worthwhile money holding till today.
But megaphones are good for swing & short-term traders though.
No wonder the VAST MAJORITY of Sinkie investors all gravitated towards Reits & dividend investing over the past 10 years!
With dividend cuts over the past 1 year, the latest fad is now US growth stocks & bitcoin (again). LOL!
Money goes where money grows. ;)
DeleteI tot March 2020 was already a good opportunistic crash, those holding cash had to wait long long forever lol
ReplyDelete