If the market goes into recession, what is the first thing you'll do or buy. While using rob-advisor (e.g Stashaway), will you opt for the auto-optimizer? - Seedly
 

Investments

Asked by Anonymous

Asked on 30 Jun 2018

If the market goes into recession, what is the first thing you'll do or buy. While using rob-advisor (e.g Stashaway), will you opt for the auto-optimizer?

Can someone post on FB too, so i can follow more comments :D

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Price vs value

During recession, I will buy more as the price is cheaper.

The one thing I will not do is panic selling. Because you r locking in your loss.

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I will buy more during recession to take advantage of the low prices. Buy low during arecession and sell high during a boom. I will opt for auto-optimizer.

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GL
Geraldo L.
Level 6. Master
Answered 1h ago

Don't panick sell, and continue with your investment strategy. If you have spare funds, it would be a good time to buy more at discounted prices. Personally, I might rebalance my portfolio (selling the winners, buying the losers) to lock in some profits.

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Gabriel Tham
Gabriel Tham
Top Contributor

Top Contributor (Jan)

Level 9. God of Wisdom
Answered on 03 Jul 2018

First thing I will do, put more money into my robo advisor.

Auto-optimize is a good choice but it is up to personal choice, I think it doesn't matter much since its dollar cost average over many years.

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