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Should I Invest now that We are in a Bear Market?
By Investment Stab  •  March 14, 2020
Source: AZ Quotes
Short answer: YES! Long answer: Refer to everything we are writing below ???? Fears surrounding COVID-19 and oil war between Russia and Saudi Arabia rocked the stock market this week. Major indexes around the world have fallen by 20% or more. The S&P500 peaked at 3,393.52 on 23rd Feb 2020. However, it ended this week at 2,711.02, down 20.1%, with the lowest point at 2,492.37 (13th Mar 2020), a 26.5% drop from its peak.
Source: Yahoo Finance
Recommended Read: Can I Join the Lease Buyback Scheme After I got my Silver Housing Bonus? The mantra of the stock market: Buy Low, Sell High Fear is high now, with everyone worrying about how will the global economy fare under the impact of COVID-19. Many of my friends whom I know have saved up money to invest when the market drops are now not investing in the market simply because they fear that the market will go lower. That is a fair point. But...
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By Investment Stab
We are a group of Singaporean students who are curious and interested in Finance. As we dive deeper into this area in search of more knowledge, the more debates and differences we have. We also realised that financial literacy is not strongly inculcated in the younger generations, leading to numerous costly mistakes. Some of such includes believing in "high profiting" scams such as land banking and buying unnecessary investment schemes which are often motivated by the salesperson's personal interest ...
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