Read? Panda's Investment Income From His Home Biased And Lousy Market In Retirement
The investing strategy to plant Winter seeds is unlikely to happen soon; Panda may need to re-strategize to plant a few Autumn seeds to harvest in 2022. Where to find Autumn seeds?
Hi Uncle8888,
ReplyDeleteMost of us stock farmers have to wait for market weather to become favourable before planting.
Good thing for farmers at our stage is that our account sizes have reached a certain size such that we can sit & wait.
We can't force the weather or our planting ... unless we venture into derivatives.
Planting weather always repeats itself. This is the frequency of declines for US market since 1928.
Note that it's average frequency. Actual occurrence can vary greatly. E.g. Two -50% crashes within 8 years between dotcom bust & GFC.
In the meantime bored stock farmers can do gig jobs like short-term trading, or CFDs, or selling options (on good stocks only) for pocket money. :)
It is true that it is hard to buy stocks (plant seeds?) when market is buoyant like now. I remember well last year, it was easy executing my monthly buys. There was just so many "bargains".
ReplyDeleteBut these few months, it was difficult to buy and so I ended up buying in smaller lots.
Good thing though for investment property owners, rentals have gone up. And then there is the steady, dependable CPF interests to count on.
My two 5 month old "experiments" in cryptos and US stocks have been "performing." For the cryptos, the slew of negative news, namely government crackdown, scams, and environment issues have faded, giving way to more positive news. This has resulted in a robust rebound of crypto prices. Exciting times for crypto "investors".