BenjiFuji
2022-09-30

What to do in a market crash?

Well first of all CELEBRATE.

As a value investor especially during the bull runs, I have been waiting patiently for a crash together with my other fellow investors.

Having seen the 1997, 2008 crashes and kicked myself silly for not investing. I subsequently loaded up on minor drips along the way. No regrets. Definately during this drip I will fire in more. However please fire in sensibly and never bet the house.

Secondly, I will also review the valuations of quality companies and re look at my strategy which is to invest in undervalued quality companies that have a wide moat. I will also be moreprudent in my spending to load up on my dry powder. I have also been investing in indexes like $S&P 500(.SPX)$.

Finally, I will take lessons during this ride. What did I do right? What did I do wrong? What will I do if it repeats again? A fool is a fool, because he repeats his mistakes. I definately don't want to repeat mine.

What would you do? Keen to learn from you.

Meanwhile, we live in interesting times when the USD, EUD, GBP are almost all equivalent. 

[Surprised] 

@TigerStars@CaptainTiger@MillionaireTiger

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

  • BlueDaisy
    2022-10-02
    BlueDaisy
    Yes, sale and shopping time
  • 88wlam88
    2022-10-02
    88wlam88
    Christmas shopping comes early, but caution to stretch the shopping lists in multiple trips
  • StayHome
    2022-10-02
    StayHome
    Thanks for sharing. Good to hv cash and do some shopping ….[Miser]
    • BenjiFuji
      A lot of good stuff to buy! Shop wisely.
  • Matrix Rev
    2022-10-02
    Matrix Rev
    Spiderman is here
  • dallanube
    2022-10-02
    dallanube
    congratz, we are on red zone! [Facepalm]
  • Sweetdonut01
    2022-10-08
    Sweetdonut01

    这篇文章不错,转发给大家看看

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