The unpredictability of markets

Donald Trump recently led a airstrike to Syria facilities, leading to a sharp tumble in stock prices.

Singtel had a recent mishap in its netlink outages, which might affect netlink ipo processes

There is much tension between North Korea and the world to the point that 2 major superpowers are denouncing the nuclear equipped North Korea

There is sharp adjustment in expectations of wall Street banks as most are over bullish and optimistic, and Q1 earnings are released at April. Rude shocks are expected and I can foresee another turmoil.

Random update on Philips and my paper stating post weekend blues lead to mass sell-off of stocks.

I can now understand the point that fundamental investors always preach. It is futile to predict the future. Buy undervalued stocks with good fundamentals and stick to your strategy of holding 3 to 5 years. Do due diligence in your analysis and appropriate cool down period before you press the buy/sell button. All this is to ascertain that you have made the best decision considering your circumstances then, and not be tilted by market voice and irrationality. As I am successful in bidding for lower that spot price for Singtel, a greedy part of me cursed that I should have gone lower below the natural resistance of 3.75. Knowing how to manage your emotions and mantain stoic in times of turmoil is key to prevent deviance.

Cash is king considering the instability of the world. Keynes once quoted the important of liquid holdings, transaction demand speculative demand, liquidity preference. It's always good to have spare cash to meet emergencies and opportunities in times of crisis. I am happy that I have spare cash at the present, and I am going to watch the market closely for any value worthy stocks for this week. For passive index funds, focus on top down. For individual stocks, focus on bottom up.

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