Bear bear is here.

Pluto891
2022-05-08

Setia100 wrote

So far, all comments I read Recommended

1) Don't Panic, Don't Sell.

You ought to panic cos money is stake. But don't anyhow sell, some stocks are worth keeping for long term.

2) Waiting For Your Target Prices n buy your preferred stocks.

Yes. This one definitely true. Many a times, we research a stock only to find it is overpriced or over valued. Hence, the waiting game starts and it will end when the opportunity comes to allow us to buy the stock at the right price. This is regardless of how the market moves. However, in declining market , this opportunity appear more readily.


3) Keep DCA on stocks at your portfolio.

This depends on whether the stock is worth DCA. And the entry price to do DCA matters.

4) Buy ETF to minimise losses.

Again, this is a fallacy theory. There are many ETFs. Picking the right one with right constitutes n right price  required some research too.

The above recommendations all need cash, lots of cash, to fulfill...🥺

Cash is King. Indeed, it is. I often tell people around me . When the time comes and opportunity presents itself. U got cash or not? [smile] 

So in short, Cash is King in bear markets....

Warren Buffet always keep cash on his portfolios to wait for the right moment 😂

Congrats to those with CASH n Lot of CASH to dispose Now✌️💪👏👏👏

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.

Comments

  • MR_Wu
    2022-05-08
    MR_Wu
    Cash is the right thing to do in this situation.
  • HilaryWilde
    2022-05-08
    HilaryWilde
    Yes, that's why I admire Warren Buffett so much.
  • BurnellStella
    2022-05-08
    BurnellStella
    I envy investors who still have lots of cash.
  • chyoli
    2022-05-08
    chyoli
    Hi
  • leeWT
    2022-05-08
    leeWT
    Ok
  • CsTanTan
    2022-05-08
    CsTanTan
    Okay
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