Nayazindagi
2022-09-30

When market crashes, it's either a boon or bane for investors. For the former, investors take the opportunity to purchase new or accumulate more of their stocks which they have strong convictions in. As for the latter, its a doomsday for them.

As for me, I belonged to the former school of thought. It's time to deploy my 'dry powder' in phases to my current stocks (US/SG stocks). For my ETFs and crypto, I've been DCAing continuously.

I always remember this 2 quotes which I came across in youtube which motivates me in my investment journey.

i) Bull market makes one rich whereas bear market makes one wealthy.

ii) Recession makes new millionaires always..

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

  • Jawslea
    2022-10-02
    Jawslea
    keep cash & wait to buy during recession
  • Lord Tan
    2022-10-02
    Lord Tan
    Crypto still hopeful?
  • Kat1407
    2022-10-03
    Kat1407
    [lovely] if i hv more spare cash
  • Ra007
    2022-10-02
    Ra007
    Excellent quote : Bull mkt makes one rich whereas bear mkt makes one wealthy


    Thanks for sharing
  • HSOoi
    2022-10-02
    HSOoi
    good thanks
  • Padres
    2022-10-03
    Padres
    Good strategy if ther’s no immed use for funds and holding period is longiate
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