23 Mar 2020
Which is a smarter option and why? pros and cons of each scenario?
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If you are dependent on selling assets for cashflow to fund retirement, you might want to relook your strategy.
If you’re young and money cashflow is still flowing, the smart thing to do is to buy more. The market is returning 7% pre crisis levels on earnings (not operating) that’s above the lifetime average. Given the bond interest these days, the risk premium spread is unbelievably high.
You rarely get a 35% hit to the market in your lifetime.
I do not bother to do anything because that's the whole concept. It's on paper that you seems Like you are making a loss but you are safe until you really do anything. Until you really cannot stomach the loss on paper, stay invested and hold it
22 Mar 2020
Independent Financial Advisor at Phillip Securities (Jurong East)
Welcome to the market. Don't worry, you are not the only one who is down during this peroi...
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