What a way to step into the Chinese New Year week…
It was 6th Feb 2018.
I switched on my phone and it pinged non-stop for what felt like forever.
The market had plunged by more than 10%.
I logged into our brokerage account and saw a sea of red.
No wonder our graduates were messaging me…
Looking at the STI, it’s really not surprising that most of our stocks were in the red since stocks are highly correlated.
But while I was looking through the list, something caught my eye.
There was a stock in green. And the number pegged to it was a whopping ‘54%’!
While the market was in turmoil and most companies were affected, we were actually seating on a 54% return with this company?! …