Wow, what a week! The market got hammered left, right, center by not just the escalating Covid-19 situation, but also the crash in oil prices. Circuit breaker in the US market even got triggered - historically it has been triggered only 4 times, and even the Global Financial Crisis (GFC) back in 2008 did not cause their market circuit breaker to be tripped.
Folks, the bears has finally started their assault - and perhaps it's time to take up arms towards a better personal financial future.
Take a look at the chart for Dow Jones Industrial Average (DJIA), Standard & Poors 500 (S&P500) and Straits Times Index (STI).
DJIA Chart (Source: Yahoo! Finance)
S&P500 Chart (Source: Yahoo! Finance)
Both DJIA and S&P500 got hit hard, taking them to a low of 21,154.46 and 2478.86 respectively, before spiking back up by 9+% to close at 23,185.62 and 2,711.02 respectively following the spike in Dow...