facebookHow do you prepare for a market downturn that will wipe out 40-50% of your portfolio value and set you back from your $1M at 40-years-old target? - Seedly

Lee Jiahui

25 Feb 2020

SeedlyAMA

How do you prepare for a market downturn that will wipe out 40-50% of your portfolio value and set you back from your $1M at 40-years-old target?

AMA SG Young Investment

Discussion (6)

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If the companies your invest in are fundamentally strong and stable companies, you do not need to worry, as after every downturn the market will reach new highs. However, during downturn you will experience paper loss in your portfolio, sometimes you just have to bite the bullet and tide through. Also during the downturn, it is a very good opportunity to buy at a very good price.

Paper loss is only paper loss until you realized it. Its more about preparing your emotional state, not to sell low when the reckoning

Jay Liu

18 Sep 2018

Accounting and Finance at ACCA

Do a lump sum investment and average out the price. Do caution and check whether the stock you are i...

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