facebookWhat you guys think about investment in this current COVID-19 situation? - Seedly

Derrick Goh

06 May 2020

Random

What you guys think about investment in this current COVID-19 situation?

Now most of the investments are dropping, and we don’t know how long this downturn is going to last, hopefully very soon🤞🏻. Should we continue with cost averaging every month or hold out for a lower point in the market?

Discussion (11)

Nothing has changed, though if one has some cash on hand,

some weeks/months later surely there will be good entry point,

as triste the opportunity is, of course.

-gold tumbled, passive indexing ETFs tumbled, but even with that volatility currently

experienced, it remains true (if western world capitalism stays with us):

both 10%/90% are the best - I feel - a retail investor can do, when we are not

talking about property used by one's own, happily

Elijah Lee

16 Mar 2020

Senior Financial Services Manager 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

Pang Zhe Liang

16 Mar 2020

Fee-Based Financial Advisory Manager at Financial Alliance Pte Ltd (IFA Firm)

To determine if the market condition is favourable to invest now, the question will be: Is there a r...

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