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Shrinking “Panadol” !
I think this is the predicament for all of us as “income or dividend “ investors, seeing
our dividend received have a big "cut" or totally disappear like the case of “HSBC”.
We have noticed that most of REITs start to be more prudent
in their latest distribution and conserving more cash during this Covid-19
pandemic. So far, banks like DBS still trying
image credit to newscientist.com
In the past few months, we have seen the significant impact
on Covid-19 pandemic to our economy and life in general. The world economy
suddenly stops due to lockdown, stock market plunged into bear market in
fas…
What make me want to stop working in the midst of high career path
and promising career advancement? You don’t suddenly woke up and walked into
your boss room， tender your resignation letter
and saying that you want to R.E (retire early) …
We have experienced the fastest and furious " Bear" ever in market history. It only took less than 20 days for Dow Jones Index to reach bear market ( i.e corrected more than 20% from the peak).
This is the situation we never experience even in GFC 2008/09. We have seen some of the REITs dropped in double digits % continuously in few days and we can see that most of the REITs are having 50%
Nothing last forever, everything moves in cycle like four seasons, we have a rough and roller coastal ride on our stocks market in last two weeks. World stocks market finally succumbed to this “deadly and widely spread Covid-19 “ pandemic and most of it enter bear market territory in just two weeks of continuous & severe plunging. The magnitude of the fall accelerated by the “tumbled “ of
Just to share some interesting quotes /wisdom from Howard Marks latest memo as below:
"Buy, sell or hold? I think it’s okay to do some buying, because things are cheaper. But there’s no logical argument for spending all your cash, given that we have no idea how negative future events will be. What I would do is figure out how much you’ll want to have invested by the time the bottom is
OK , my “little bear” finally wake up after many years of
hiding / hibernating in the jungle. Ah ! You still can’t really see him “roaming
or running “ around as he just “peeping “ out from the woods once awhile.
Market suddenly …
<Image credit:Flickr.com>
Fear ? No
More
You may notice that market continue to perform well ,
rebounded strongly after 1 or 2 days blip and dip crisis after crisis. US and
European stock indices closed at record highs, while their Hong Kong and
Chinese counterparts built on a rebound, as investors calmed their nerves over
the new coronavirus outbreak that has swept across Asia.
Same as investors , peoples act irrationally during crisis or pandemic , we panic selling our "equity " in stock market and buying " rice or toilet papers " in supermarket, both have similarity.
Understanding Investor Behavior < link:investopedia.com>
Be focused , stay calm ( safe ) during this crisis / pandemic. Have a plan and long term view of your
There was no “January Effect“ for world stock markets as far
as 2020 is concerned. Just as the world economy appeared to emerge from the uncertainty
of trade war after the signing of “phase one” trade deal between US and China , …
