Hi Guys, welcome back to another episode of SingaporeanTalksMoney! The recent run up of stocks have been phenomenal judging by the environment we are in and unemployment numbers. "Be Fearful When Others Are Greedy" Warren Buffett Warren Buffett once said that it is wise for investors to be “fearful when others are greedy, and greedy when others are fearful.” Since the price is what you pay, and value is what you get, paying too high a price can decimate returns. Judging by the current prices, particularly tech and stocks that have build momentum due to future predictions, many are really at a very high price. People are still debating if they should enter now as they feel that the stock market might just go even higher in 2021.
Increase cash holdings With the soaring prices, some people have chose to take profits to keep some cash on the side...