facebookShould I put fixed deposits knowing that the market is gonna crash in the near future? - Seedly

Anonymous

15 May 2019

General Investing

Should I put fixed deposits knowing that the market is gonna crash in the near future?

Discussion (2)

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Hariz Arthur Maloy

15 May 2019

Independent Financial Advisor at Promiseland Independent

If you really know when it's going to crash, then you should buy an Inverse Tracker. Market go down x%, your fund goes up x%.

But I suggest not timing the market. We've been thinking market gonna crash since 2016.

You can pivot to a more defensive portfolio, but maybe try not to exit the market in total.

Gabriel Tham

15 May 2019

Tag Team Member at Kenichi Tag Team

When is the crash happening?

You can park cash into Singapore savings bonds that has decent interest rates and 1 month withdrawal time.

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