A week of roller coaster ride

It has been a week of roller coaster ride. Starting with the breaking through of STI 3000 points, followed up with up and down before finally plunge dive down to STI 2500 plus on Friday.

Wow. What a ride!

 

The roller coaster ride doesn't just whack my IPAD where my eyes constantly on the movement of the market. It whacked my phone and desk as well, as people come and goes asking me, 'Oh NO!!!!!!'....or 'Is it time ah'?..........or.....'how, which one can buy?'......

Hey! I am not god!!! I am as blur as you all. LOL.

The truth is, this is the first time I see the market reacted so fast. The past crisis of 2008 and 2016 was a gradual effect, build up over a period of time before hitting a low point. But this week was a roller coaster that suddenly plunge nose down like an World War 2 dive bomber.

 

Ok. Let us be frank. Some people are clapping hands...'Finally, crash liao' while some are crying inside blanket,'Die liao, my money...'

In this situation, there are some who find themselves trapped and wondering whether to take losses and sell. If we have the holding power and the companies we invested have the ability to recover itself as the market recover, it is thus just 'a matter of time'. If you find yourself unable to makan your food without brooding over the losses or even sleep in peace, hmm try think something else. 

Some asked me will it ever recover? The market eventually will recover, but not now, not tomorrow and certainly not next week. It took almost 3 years to recover from the 2008 crisis. The question now is can we hold that long to see another 'bull' market. There was indeed some which never recover from the shock, one example was the Singapore Airline which hit its highest point of $20 before the 2008 crisis, and another height at $16 in 2010. Thereafter, it hovered at the range around $10 for 10 long years. 

As I mentioned many times, we should not treat the shares market like a casino speculating its rise and fall. To me, it is just a platform to invest into a company, and because I have limited resources I would prefer to invest only during the period of crisis to ensure a good entry price.

Remember this facts!

All investment has risks! If we cannot understand the concept between losses and gains, then it is best to stick to the fixed deposits and bond.