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Isaac Chan
04 Dec 2019
Business at NUS
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Billy
03 Apr 2019
Development & Acquisitions Manager at Real Estate Private Equity
Amen to what Jansen mentioned.
How does one know when the market is low?
Therefore, there has been sayings that one should never time the market simply becuase it isn't worth one's time and effort to do so. Nonetheless, market low doesn't equate to a stock price being low because the prices of counters do not necessarily move in correlation with the market direction.
So just do your adequate due diligence when investing in a counter and when you feel that the market price is one you feel comfortable entering in then just go ahead and stick with your reasonings. But don't forget to set Take Profits and Stop Losses!
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Low!
It's the same as whether you would buy clothes when they are on discount or not....
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Like what the others have mentioned on Seedly as well, I think it would be more important to stay invested and capitalise on compounded returns rather than trying to perfectly time the market. Talk about a downturn have been occuring for the past few years, yet if you had invested in the S&P, you would have done pretty well.
Personally, I would go for a buy and hold strategy, so analysing the fundamentals of the business is more important to me. I believe that when businesses are strong with proper fundamentals, they will still do well in the long run and can earn you decent returns.
Of course buying when the market is low means that some stocks could be undervalued due to market sentiment. Over the long run, if the business fundmentals are strong, they should earn you pretty decent returns when the market recovers.