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Choon Wang

Financial geek, always open to learning new things.

Choon Wang

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Financial geek, always open to learning new things.

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Choon Wang

  • Answers (3)
  • Questions (0)
  • Reviews (3)

Stocks Discussion

Investments

DBS

Choon Wang
Choon Wang
Level 3. Wonderkid
Answered 6d ago
Averaging down would suggest you keep buying on the way down (if it does go down further). Think Dollar-Cost Averaging, which is passive way to stay invested regardless of the market condition. However, it would normally be wise to say that (Dollar-cost) averaging should not be applied to a single stock but more applicable to ETFs or unit trust. I would also skip the part of asking why you would choose DBS stocks and how much allocation (%) DBS would be in your overall portfolio and assume you've done your due diligence. In my opinion, 5 years seems ok to me, given that we can trust the government to swiftly act and implement appropriate measures to effectively combat and eradicate COVID-19 ASAP. I can't imagine how life would be if we were to live in current conditions for another four to five years. However, if things do take a turn for the worse in the coming months, 5 years could still be too short. Just trying to stay objective.
šŸ‘ 0

REITs

SAXO Capital Markets

PhillipCapital (POEMS)

FSM One

SGX

COVID-19

Choon Wang
Choon Wang
Level 3. Wonderkid
Answered 6d ago
It'a pretty obvious malls and shopping centres are already significantly less crowded since the early days of COVID-19 and for that reason, REITs as a whole have already been badly affected. The entertainment venue ban includes karaoke outlets, cinemas, tuition and enrichment centres and certain open atrium sales events. That would mean even less traffic in the malls and shopping centres. In my opinion, whether REITs prices will continue to fall may largely depend on whether it is necessary for the government to impose even stricter measures to combat COVID-19 (worse case scenario, the L word), and of course, how long it takes for such measures to be lifted (bye bye COVID-19).
šŸ‘ 0

Stocks Discussion

Investments

Choon Wang
Choon Wang
Level 3. Wonderkid
Answered 6d ago
If there has to be a reason, that would be this: https://www.straitstimes.com/singapore/coronavirus-dpm-heng-to-deliver-ministerial-statement-on-additional-support-measures-on?xtor=CS3-18&utmsource=STiPhone&utmmedium=share&utm_term=2020-03-24%2022%3A03%3A26
šŸ‘ 0
Level 3. Wonderkid
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