Invest
Invested more into the markets and keeping a lookout
By Finance Smiths  •  March 10, 2020
I invested about S$10,000 1.5 weeks ago through a combination of manual purchases of ETFs, individual stocks and manual funds transfers into our robo-advisor accounts. The market dip then was not as big as the one today, which I consider a market fall. Which is why I invested more at about S$20,000 into the markets. I feel like we are coming to the end of stage 1 when the market selloff is starting to worsen. Stage 1 Round 1 was 1.5 weeks ago when I invested about S$10,000. Stage 1 Round 2 is now and I have invested double the amount at S$20,000. Each stage for me has 2 rounds when the conditions deteriorate significantly to lead into the next round or stage. Even if the markets stay at the specific stage and round for a while without going anywhere, my Dollar Cost Averaging (DCA) every week should be sufficient to keep increasing my position over time. The same applies even if the markets improve after that. It’s just that I won’t be manually making such...
Read the full article
By Finance Smiths
Late 30’s couple with 2 small kids living in Singapore writing about our financial progress as a family.
LEAVE A COMMENT
LEAVE A COMMENT

Your email address will not be published.

*

Your Email Address will not be published
*

Read More Articles
More from thefinance