facebookWhat do you think of the current situation of the US stock markets especially with S&P and NASDAQ reaching ATH just last week? Do you all think that it a bubble and is this rally sustainable? - Seedly
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Travis Teo

Posted on 23 Aug 2020

What do you think of the current situation of the US stock markets especially with S&P and NASDAQ reaching ATH just last week? Do you all think that it a bubble and is this rally sustainable?

Looking at the current economic outlook and how the stock market had a v shaped recovery since march lows, I am curious what yall think

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3 answers

Discussion (3)

TY Lim

TY Lim

Level 5. Wonderkid

Posted on 24 Aug 2020

The reason why one should DCA is because you are pretty much not affected much by the rise and fall of the stock prices. If it rises, DCA to bring down the cost, if it drops, DCA to bring down your cost. The point is to keep investing and once you have accumulated a certain number of shares and the price happens to be good, you can consider taking in some profits by either selling part or all of your holdings. But first, choose a stock which you see potential in, otherwise, ETF will be a safe option :)

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Frankie Rappaport

Frankie Rappaport

Level 16. Sage

Posted on 23 Aug 2020

Since we cannot time (or beat) the market, we all think of bubbles etc., but we can never know. So we just should develop our own strategies, diversify, avoid costs, invest passively with the best ETFs, buy periodically, hold the equity for ultra-longterm, close our eyes and ears against media hassle.

what to avoid, here:

https://www.fidelityinternational.com/legal/documents/SG-en/hffs.SG-en.SG.G-ASBAU.pdf

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This is not gonna be a new phenomenon. It will continue to happen. This is the common issue that mos...

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