The first thing is control our emotion. When we are afraid and confuse, we cannot make the right judgment.
Secondly, need to know our investment objective. If we know our objective clearly, we just focus in our objective and put aside all the negative thoughts especially when we seeing all price keep dropping.
After knowing our objective in investment, we can decide on what will be the next action. Buy more or cut lose. Each one of us has different situation and objective, therefore we cannot speak for other on how to do it.
As for myself, since I have put aside 50% cash for current crisis situation, I will continue to invest using averaging cost strategy.
My aim is to build my own dividend machine. I will buy more company's share that can offer me high dividend yield. Take example, recently, REIT in SGX has drops a lot, I already started to add in some counter such as AIMS APAC, Frasers Centrepoint Trust and etc into my portfolio. In the same time, I also added in some counter in Hong Kong such as Bank of China, Sinopec and China Mobile to boost up my dividend.
No one knows when the will current crisis gone, but with crisis usually comes together with opportunity.（危機- 有危纔有機）
Lastly, invest within my limit, don't borrow money to invest, also avoid margin account as out investment should bring value but not bring sickness to me as I might become too worry if need to pay back the money to the other party when I don't have enough money.
Hope all of us can stay calm and wisdom in this era of turbulence! Rainbow will come after the rain!
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.
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