Asked by Anonymous

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

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  • Hariz Arthur Maloy
    Hariz Arthur Maloy, Independent Financial Advisor at Promiseland Independent
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    Top Contributor (Apr)

    Level 7. Grand Master
    Answered 2w ago

    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.

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  • Gabriel Tham
    Gabriel Tham, Kenichi Tag Team Member at Tag Team
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    Top Contributor (Apr)

    Level 8. Wizard
    Answered 2w ago

    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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