From 2000 to 2003 – two crises Sep 11 WTC Attack in 2001 and SARS in 2003
Uncle8888 came to the stock market at the wrong market timing with his large war chest i.e. 23 years of saving including CPFIS at age of 44.
STI was at its peak in Jan 2000 and then crashed towards its low in Sep 2001. The market recovered in 2002 and then crashed again in 2003 due to SARS.
Those days from Jan 2000 to 2003; he didn’t have ill or bad feeling on paper losses as he was in mindset of deploying his rotting cash in his war chest into the stock market to create wealth. In his mind; he was deploying cash and not losing money! …