MHh
2022-10-01

Stock market bears and bulls are the norm. 

Market did well during the covid early years was due to manipulation with quantitative easing. Now, we are paying the price of it- inflation. Of course, inflation was driven by other issues like long standing supply chain, China's zero covid policy and the war. 

Rate hikes are now leading to fears of recession. I do expect this market sentiment to last at least till end of the year. In addition, at the next earnings, if specific companies do not do well, stock prices will fall too. 

Personally, not too worried. This should be agood opportunity to add on good companiesor even ETFs. But, I am not in a hurry to addyet. Current small market rallies look like just dead cat bounces. I will patiently wait for the market to bottom before adding on goodstocks. Of course, if the price is already attractive, I will nibble a bit. I do not expect any rapid market rebound like the covid time in 2020 as governments are not rushing to pump money to prop up the economy. Many have to bear the pain and allow the stock market to crash before inflation makes life unbearable for the common man on the street and lead to social unrest. 


Patient is key... in terms of adding pace andwaiting it out for the next bull..

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Comments

  • blue sky
    2022-10-02
    blue sky
    等待,等待
    • MHh
      [ShakeHands]
  • EKOS
    2022-10-02
    EKOS
    변화에 항상 준비되어 있습니다
    • MHh
      I had to google translate this! Yes, it is a volatile world and market will remain so at least till the end of this year
  • LuckyPiggie
    2022-10-02
    LuckyPiggie
    pls share when and what u going to trade ... i support you , but can only afford 1 stock per counter ok. [Grin]
    • MHhReplyLuckyPiggie
      Remember to claim coins for top comment
    • MHhReplyLuckyPiggie
      Mapletree is cheaper already compared to the usual valuation. They tend to go pick up when the good days return where they normally trade at a premium
    • LuckyPiggieReplyMHh
      maybe due to Temasek news [Grin] . of all the sreits ...i probably wont go for the expensive rental type like Mapletree...
    • MHhReplyLuckyPiggie
      Because of the late day reversal.. monday got chance. Maybe sub$1.60 then i will add a bit
    • LuckyPiggieReplyMHh
      i place order for kep dc at 1.63 .. didnt get [Speechless]
  • LMSunshine
    2022-10-02
    LMSunshine
    Great sharing,thanks🤗
  • wingcheong
    2022-10-03
    wingcheong
    Remember WB's famous quote, "Be greedy when others are fearful".
    • MHh
      [Victory][666]
  • ___ _
    2022-10-03
    ___ _
    suddenly u write [Applaud] [Like]
    • MHhReply___ _
      No…
    • ___ _ReplyMHh
      yours is AAA grade laa
    • MHhReply___ _
      Ya but iron got different grades… [Facepalm]
    • ___ _ReplyMHh
      iron rice bowl 🍚  [Victory]
    • MHhReply___ _
      Secret haha… evergreen industry. Recession proof
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