facebookIf the next financial crisis is going to happen soon (every 10 years right), is it a better idea to hold off investments now? - Seedly

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Anonymous

18 Apr 2019

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SeedlyAMA

If the next financial crisis is going to happen soon (every 10 years right), is it a better idea to hold off investments now?

AMA 1M65

Discussion (4)

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Loo Cheng Chuan

03 Nov 2018

Founder at 1M65 Movement

Two advices:

a. Most expert investors don't know when markets will rise and fall. Not sure why the magic number 10 years? maybe 10 months or 10 weeks....
I dont think even Warren Buffet knows when the next crisis will happen with certainty.

b. More importantly, you should get yourself ready when it happens to take advantage of it. Gut up your financial emotions with 1M65 (read more about it please) and save as much as you could. Else when the market crash, you will turn cold feet and hold back your investments.

Nicholes Wong

03 Nov 2018

Diploma in Business Management at Nanyang Polytechnic

What if the crisis doesnt happen for a few more years, are you going to keep waiting until it happens? Just invest regularly and keep a warchest. Dont panic sell everything. Just think of it as a stocks sales where you can buy more stocks at a lower price.

Yeap Ming Feng

02 Nov 2018

Head of Seedly at Seedly

There are people who view a market crash as opportunities.

Here are some stocks which you might wan...

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