facebookI am interested in investing but I am not sure if it is a good time to invest now amidst the COVID-19 situation. What do you think? And are there specific markets or investments that I should look into more than others? - Seedly

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Anonymous

03 May 2021

Random

I am interested in investing but I am not sure if it is a good time to invest now amidst the COVID-19 situation. What do you think? And are there specific markets or investments that I should look into more than others?

I am a fresh graduate who just recently started out in the workforce and is planning to start investing early at ~3k on roboinvestors(e.g stashaway) and ~2k on ETFs currently. Do you think it is a good choice to invest now or should I wait a few more weeks/ months for the prices to drop further? Will it drop further? Thanks

Discussion (25)

What are your thoughts?

Josh Tan Jian Liang

Josh Tan Jian Liang

18 Mar 2020

Level 7·Co-founder https://theastuteparent.com at Promiseland Independent Pte Ltd

Hi Anon,

Get started on regular investing now. There is never a perfect time.

If you are dividend investing, some yields are getting good. That's if you can look past the problems in the next 6months.

I remember back in 11 sep 2001, markets came down sharply after the plane crash. The next few weeks was jittery.... Why?

Everyone was guessing where the NEXT ATTACK would be coming from. Could it be a virus letter or another plane hijack. Similar in some ways to now. Where is the next country to show an exponential spread? USA? Malaysia?

From my memory of 2001, there were more attempts to sabotage but the "bad guys" were stopped in time. We upped the surveillance everywhere. We got used to the new risk levels, learned how to survive and actually started to get bogged down by new problems". Now, we can't even remember the trauma of 9/11 anymore.

Everyone wants to wait for the markets to recover first then start to invest. As shared above, it's more often then not "We get used to the new risk levels, learned how to survive and actually get bogged down by new problems" cycle.

Hence, there's NEVER ❌ a "confirmed green light NOR a definitive ❌recovery sign". It is intuitive to hope for it then go in but really... it DOES NOT EXIST.

Markets move first. It looks past an event. Then news and media justifies to the masses. We will figure a way to cope with Covid-19.

I've this new article that addresses specifically what you need to know:

https://www.theastuteparent.com/2020/03/find-th...

If unsure or concerned in this period of investing, speak to a qualified adviser or someone experienced in the markets...

View 1 replies

Elijah Lee

Elijah Lee

16 Mar 2020

Level 18·Independent Financial Advisor at Phillip Securities (Jurong East)

Hi Derrick,

I'm still doing DCA in my UTs, since I don't really want to be bothered with trying to time the markets in general. There are no transactional fees, and I do want to be broadly diversified across markets and regions.

However for my individual stock holdings, I'm loading some ammo and waiting for a right entry price (at least to me). Do your homework, have a idea of what you want and the price, and prepare to wait. You may never deploy all your money, but that's okay too. Short of the market crashing by half or more, I don't think I'll ever deploy my funds fully.

Hope that gives you some food for thought. Good luck!​​​

View 8 replies

I read one tip and i always remember it deeply.

time in market is always better than timing the ma...

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