Market Review and Trends
So Market Didnt Crash
By CS Jacky - 360 Wealth Management  •  November 1, 2014
So much so for the bear market that was widely anticipated to kick in with the recent market correction. It turned out that DJIA dropped about 7% before swinging up to close at historical high last night, all in the span of a month. I read about many fellow investors in forum dishing out warnings and cautioned others to seek cover. Some urged others to cash out the shares that have earned them profit to raise the level of cash for use during the impending crash. Others shouted out to cut loss and sell out regardless of amount loss, positioning of counters in their portfolio, and the business fundamentals. But look at where the market is now? Well this sort of market volatility is damn common, as I read somewhere that market suffered a 10% drop on average once in 10 months (or a year). Its just that human beings ......
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By CS Jacky - 360 Wealth Management
MAS dual-licensed stock remisier and financial adviser with Phillip Securities. Graduated with a Bachelor of Business Administration (Finance) from NUS. Bought first stock at the age of 22 and had been regularly investing in stock market since 2010. Select strong companies with good prospect trading at low valuation using a unique blend of fundamental, portfolio and technical analysis. Also invest in REITs for regular dividends.
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