2) 50% losses on current stock holding
In the worst case, Uncle8888's Protfolio Value is still 27% higher than in Mar 2009
Don't worry. Be happy!
...
...In 2008/09
STI crashed down from its peak of 3,876 in Oct 2007 to low of 1,457. Down by -62%
Uncle8888's Portflio Value also down by -53% to $XXX,XXX
So what will happen when the next Bear come?
This is how I plan to slowly step back into the market when STI goes lower and lower.
” If you have a worry problem, do these three things: 1. Ask yourself: “What is the worst that can possibly happen?” 2. Prepare to accept it if you have to. 3. Then calmly proceed to improve on the worst.” (Carnegie 49)
How bad?
The Stress Test result as follows:
1) Losses on new stock investment
