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Things We Remind Ourselves When The Market Goes Crazy
By Mr And Mrs Budget  •  March 3, 2021
The past 2 weeks have been nerve wrecking to growth and crypto investors, to say the least. We saw Nasdaq falling 3.5% in one of the worst sell-off since October 2020, wiping out all the gains so far this year. Crypto on the other hand, also saw a price correction of 20-30% in just 2 days. To be honest, when the price crash happen, we were feeling worried whether the price will continue to crash. That really tested our will and conviction because the thought of holding “safe haven stocks” like dividend stocks or even just cash seems less nerve wrecking. At one point during the price correction of both the US stocks and crypto, our portfolio plunge by over S$100,000 in a day. Imagine the horror we face when we refresh our Yahoo Finance app and the figure just changes, and the portfolio value is down by over S$100,000....
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By Mr And Mrs Budget
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