Caption: Don't fear. It's just a technical recession. Don't fear.
Last week we wrote a story on whether or not you should invest in the stock market now since we have entered a bear market.
Short answer: YES!
Full article here: Should I Invest now that We are in a Bear Market?
There is a lot of panic and fear in the stock market and in communities now.
Malaysia declared a lockdown and suddenly Singapore experienced another wave of panic-buying in supermarkets, although it was less severe than the first panic-buying wave in February.
Stock markets around the world entered bear market territory (dropped more than 20% from their peak).
I heard many people commenting that they expect the stock market to fall even more or that it will be a long time before stocks can recover from this shock.
These are not amateur investors, these are fairly good and experienced investors, many of whom often preach the mantra...