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Using the rebound to take a breather and reassess
By Finance Smiths  •  March 14, 2020
I did my last bit of investing today morning in the Singapore market just to catch the fall then. Mostly to buy the dip on the individual stocks, equity and REIT ETFs in my portfolio. I thought the market would continue to fall in the afternoon but it started to go back up. And my last batch of limit positions couldn’t go through so I just let them expire for the day. No point chasing an uptrend. When the European markets opened in the evening with such a strong start, I figured it’s probably a rebound so I can stay out from manual investing for the rest of the day. I had already made funds transfers into my robo-advisor accounts last night that should be invested when the London and New York markets open today evening and night respectively. This is just in case the developed markets continued to fall....
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By Finance Smiths
Late 30’s couple with 2 small kids living in Singapore writing about our financial progress as a family.
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