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Market Crash or Correction? | What I have bought
By Singaporean Talks Money  •  March 7, 2021
Hi Guys, welcome back to another episode of SingaporeanTalksMoney. This week has been crazy as we see stock prices fall 20% and even 30%. With me having a large proportion of my portfolio in Tesla, I am seeing a significant drop as Tesla closed at about $597 on Friday. Many are trying to justify this correction or drop as money moving towards bonds as interest rate for bonds start increasing and as bonds are known to be a safer vehicle for your money, if interest rate increases, people will move a portion of their money there. Another reason is the inflation rate where it has increased after dropping for a period of time. As inflation rate increases, value stocks perform better in high inflation periods and growth stocks perform better during low inflation. For me, seeing all the gains I have had this year from the US stocks being...
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By Singaporean Talks Money
I am currently a 23 year old university student in SIM. I hope to be able to grow my money and see the power of compound interest. I became interested in investing when I took a gap year and worked full-time. I realized that by just saving, it was very difficult to achieve my financial goals hence i read up on investing.
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