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STI Looks Set to Go Below 2,000 pt mark- Prepare for the Eternal Night!
By Investment Income for Life  •  April 4, 2020
The age of eternal night is coming! What an exciting week it had been. Singapore REITS continues its free fall. The other Blue Chips counters also decline. But the rate of decline is no longer as crazy as the first 3 weeks of March 2020 but unfortunately, the worst does not seem to be over. There is no need to have the fear of missing out the boat by rushing and pumping all the money one has into stocks right now. As a matter of fact, the next few quarters is going to get worse with many companies going bankrupt and more workers losing their jobs. The STI looks set to eventually crash below the 2,000  mark despite herculean effort by the Singapore Government to rescue companies and save jobs. 
From the historical STI performance chart above on major crisis, we can see that STI once hit around the 1,600 low...
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By Investment Income for Life
I am an Accountant by training and is currently working in a global MNC in the Supply Chain industry. During my free time, I enjoy reading up on topics such as stock investing, insurance planning and property investment. Since 2012, I have started penning down my thoughts on certain financial matters while striving to achieve financial independence.
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