πππIt has been a wild ride in the markets today. Just as everyone was bracing for a "Stone Age" blackout, the markets rallied after Trump pulled back from a brink of "total & complete demolition" of Iran. Singapore stocks are celebrating.
Leading the charge is $OCBC Bank(O39.SI)$ which surged 2.2% while $UOB(U11.SI)$ rose 1.5% and $DBS(D05.SI)$ stayed firm, after a volatile week.
What an amazing turnaround!
As a patient investor, I stayed invested and saw the dramatic 13.5% drop in crude oil and the subsequent surge in the Singapore market. I did not have to "guess" when to get back in since I was already in the market.
Today's relief rally with the STI jumping over 1% and OCBC surging toward new heights - is my reward for having nerves of steel.
As Warren Buffett likes to say
"The stock market is a device for transferring money from the impatient to the patient."
@TigerEvents @Tiger_SG @Tiger_comments @TigerStars
@CaptainTiger @TigerClub
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