Account Info
Log Out
English
Back
Log in to access Online Inquiry
Back to the Top
Lowest stock allocation since 2008: How to place your money?
Views 210K Contents 35

Have the markets found a bottom?

My answer to that is:
Have the markets found a bottom?
I can't really explain why but it's just based on an illogical feeling. It just doesn't feel right .

From my logical reasoning, the markets seem to have found a bottom already based on the Technical Analyst .
$SPDR S&P 500 ETF (SPY.US)$
Have the markets found a bottom?
It has passed the 50 MA & it seem like an uptrend .
It seem logical that it should be an uptrend as the past few days of the week has proved that the bear 🐻 is constantly being beaten by the bull 🐮 in the last few trading hours . However, it just doesn't feel right. I think I will wait for another week & see if there is a clearer picture 📸. Who knows, I can be right ✅️ or wrong ❌️.

How do u to place ur money 💰?
Firstly, for Singaporean, if ur CPF is low, I suggests u filled up the lifetime requirement sum 1st before making any high risk investment.
Unfortunately, that's compulsory, something like protection fees... especially ur MA account.
For investing, I think u can just DCA on the $SPDR S&P 500 ETF (SPY.US)$ index if u are a not so daring investor. I think it should perform better than funds over years, generally .
If u are already holding large positions on good company stocks in the 1H22 bear 🐻 market & u are those not so daring investors, I think DCA strategy is a better choice for u . (For me, I'm timing the market=❌️ DO NOT follow as I'm doing it at my own risk = I'm desperate for & I may loss some extra profits gain. It's based on ur torrent level .)

In an expected long period bearish market = hold strong stable company stocks
In an expected long period bullish market = hold growth company stocks

DYODD before investing
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only. Read more
2
1
2
+0
2
Translate
Report
5826 Views
Comment
Sign in to post a comment
DYODD before investing 👌
2763Followers
19Following
3961Visitors
Follow