Looking forward despite possible drop
$DBS GROUP HOLDINGS LTD(D05.SI)$
Will the Singapore market rally as well? Yes I think it will but honestly, I think it is too premature to confirm that the Fed will act. However, it is also a sign of things to come especially if there are more signs that inflation is falling. Everyone is waiting for the heralded "Powell Pivot". It could happen any time. This benefits the long term investor who does not worry about timing the market.
One thing that has helped me is setting aside spare savings so that I can hold on to the stocks. I faced an emergency need yesterday and was fortunate I had savings. However, I do think I could have set aside more (note to self).
For the day trader, your job is not enviable as I cannot imagine being able to guess whether stocks would rise or fall (nevertheless, I believe that there are many who are gurus and managed to get it correct last night).
In conclusion, I think that whether you are a trader or long term investor, today is something to look forward to if you are investing in the rise in prices. Let's hope today will be a good day.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
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