I think dollar cost averaging regularly will help rather than timing the market, our time in the market counts. When the shares go down it can be daunting. I try to remember to be fearful when others are greedy and be greedy when others are fearful. Also, not all market is down. I noted $STI ETF (ES3.SG)$ not performing too badly. Other than index, when recession comes it is a good opportunity to add some strong individual stocks into my portfolio. Remember to do enough due diligence prior to com...
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I am interested in this etf. appreciate moo moo making it easy for us to invest in this opportunity. Not sure how profitable it will get as the future is uncertain with the raging war, energy crisis and the ongoing pandemic.
we hope the poor Ukrainian can return home soon, Russian can go back to their family, oil prices will reduce soon (the increase cost in supply chain is suffocating everyone), wheats and corn prices will reduce soon (staples for many people). so far the fear of losing prevents me from re entering the market. hope to recoup some losses so I have spare money to reenter the market
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Bought $Tesla (TSLA.US)$ stocks at USD1k+ and it has been going down since. Still holding on to the position so it's just a paper loss and not actual loss. If I have some spare cash, I would do dollar cost averaging (DCA) so that I can accumulate more of the stocks I believe in with lower average cost.
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