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When the Bear strikes 2020 (Part 1) – Damage Report 2020-03-15
By Marksman Investment Corner  •  March 15, 2020
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...
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By Marksman Investment Corner
I am turning 30 this year, and I work as an engineer for my profession. I am also getting married to my lovely fiancee this month. In my off-hours, I enjoy reading more about investing/trading. I started my journey in investing/trading not too long ago (about 2 years ago?), with the biggest catalyst to dive into it being witnessing a sudden market crash and then realising, "Hey, these guys are overreacting! Maybe there is something to be had here." I experienced some downs and ups since then. My aim? Financial independence; Retire Early (FIRE) by 45.
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