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?

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This post is no longer accepting new comments because it has been merged with 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?

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Frankie Rappaport

16 Mar 2020

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

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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!

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