To The Moon

Volatility can be your friend or foe. Looking into SG stocks give a sense of stability and assurance.It never hurts to fortify your portfolio with stable stocks that you can rely on.

For example, the banks which make up majority of the pillar for the economy have mixed so far. OCBC the leader of the pax has delivered 3.27% gain as of this writing. UOB has dished out a -2.25% and DBS has given -1.83%.

People tend to chase the shiny objects. When the share price goes up, they have the tendency to buy more and increase their holdings. Likewise can be said. When the share price goes down, they can’t stand the losses and therefore keep averaging down. But there is another group who patiently sit and wait for the prices to move to their buy or they go for the objects that people dislike or hate. The last group tend to do the best as they know where the diamonds are hidden under the layer of dirt and confusion.

So which group do you belong to?

Be trained to think the opposite way and the success and reward that you are looking for will follow.

Invest safely!