SeriouSyrius
2022-05-02

For those that follow me, I would like to emphasise again. Recession are bound to happen in the next two years. Statistics and data don't lie. For those living in Singapore, even PM Lee says in a recent conference (Google the source yourself). I hope my fellow investors prepare themselves for these tough years ahead. We are in this together. Cash is better during this period of time. Wait till everything settle down and GDP goes up again. Q1 2022 US GDP dropped, bond market inverted,commodity are sky high. These are not good signs.

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Comments

  • HilaryWilde
    2022-05-02
    HilaryWilde
    What investment opportunities do you see under these conditions?
    • HilaryWildeReplySeriouSyrius
      Cash is a safe bet in the current environment.
    • SeriouSyrius
      It's better to hold cash and not invest until you are certain economy is improving and the recession and fear is over.
    • SeriouSyriusReplySeriouSyrius
      SPY is still the investment opportunity to look out for. Warren buffett did say not many investors can even outperform the index. I do believe so. Other than SPY im looking at QQQ, TSLA, AMD and NVDA.
  • PandoraHaggai
    2022-05-02
    PandoraHaggai
    Indeed, so the stock market is still quite risky right now.
  • Maria_yy
    2022-05-02
    Maria_yy
    A lot of people are worried about a recession.
  • flinostone
    2022-05-02
    flinostone
    goodrrad
  • XiaTian
    2022-05-03
    XiaTian
    Ya
  • Kelvin Chin
    2022-05-02
    Kelvin Chin
    [Victory]
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