SINGAPORE STOCKS DOWN BY 0.85% TODAY! WHAT SHOULD INVESTORS DO NOW?

Dear readers, Singapore stocks were down by around 0.80% today and with today’s showing of Singapore stocks, our local bourse actually gave back the gains the markets have chalked up in the recent trading sessions. The reason is simple: US has announced that it would impose more tariffs on China’s exports.

I have shared in recent posts that the macro factors are not positive for the global stocks markets currently. In a Facebook survey conducted by Singapore Stocks Investing on 9 Jul 2018 (which would close in 5 days: to participate in this survey, please visit this 9 July 2018 post on Singapore Stocks Investing Facebook page), more than 56% of the poll respondents already supported the view that the STI would head south to 3,000. This has all along been my position for the STI thus far. Any dollar cost averaging to be done should be done at where the STI becomes attractive once again and a below 3,000 mark could be the start for some investors to dollar-cost-average-buy the Singapore stocks though probably Singapore stocks are poised to head south even more in my opinion.
I would suggest investors to take advantage of the increasing interest rate to park your monies in higher-interests relatively risk-free instruments and earn some good interests, while waiting for some clarity in the stocks markets. Don’t subject your investment to unnecessary risks by thinking that now is the time to bargain-hunt when one is actually catching a “falling knife” instead. Remember what Mr Warren Buffet always teaches us: “Don’t lose our monies”. Join the emailing list to receive regular Financial and Singapore stocks newsletters too! Like" me on Singapore Stocks Investing Facebook page to receive all posts on your Facebook as well as read more articles. Follow me on Twitter too.


Popular posts from this blog

10 COUNTRIES WITH THE HIGHEST NATIONAL DEBT

A RECAP OF THE MAJOR US STOCK MARKET CORRECTIONS!

HOW TO PREPARE FOR THE NEXT POSSIBLE STOCK MARKETS CORRECTIONS NOW?

HOW TO MAKE THE BEST FROM WORK-FROM-HOME ?

STAYING MOTIVATED AT WORK: IMPORTANCE AND WHY?

HOW TO "SUBTRACT" AT WORK FOR BETTER PRODUCTIVITY AND OUTCOMES?

LET’S US ALL DO OUR LITTLE PART TO CONTRIBUTE TO CHARITY TODAY!

HOW EMILY BECOMES A FIRM BELIEVER IN SAVINGS?

HOW TO USE VISUALISATION TO CREATE MORE WEALTH?

PARK AND GROW YOUR MONEY AT 3.40% PER ANNUM!