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Managing your emotions during a downturn
By Moneytalk  •  March 24, 2020
Before this bear market started, I was actually pretty confident of being able to stomach a drop in my portfolio as I have been investing for quite a number of years and I have been through quite a number of occasions where my portfolio drop by 30% in previous occasions before rebounding back to positive territory. 
As such, during this downturn, I have started to nibble on stocks once STI dipped below 3,000 and only buying on days which my targeted stocks or STI are red. If you think about this, we have been conditioned to respond in this way since the stock market has been doing quite well or trending sideways for the past decade and any corrections represents a good opportunity to buy. I mean if you flip a coin and it lands head for the past 10 times, we have been conditioned by previous instances that the next...
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By Moneytalk
Keeping it light and serving as a diary as well on his journey towards financial freedom, Kay blogs all matters pertaining to money, especially in Singapore, where the cost of living is one of the highest in the world.
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