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Why hope is a double edged sword in investments
By Loopholes Singapore  •  June 22, 2021
As investors, we are always taunted by the worst case of “your word against mine” until the day of vindication comes. The main reason is that the market as we know it has become permanently erratic since the advent of crypto trading and meme stocks. So how is this related to the concept of hope? Since the final outcome remains to be seen and there is a huge dichotomy in the community, investors will have to rely on hope sometimes to stay on course. That said, since the outcome might not always be favorable, investors might be on the wrong side of the “bet” at times (pun intended), thus leading to devastating losses. In this week’s post, I will focus on investment honesty so that we can remind ourselves from time to time to respect the trend and not buy into a bubble and hoping for a solid return in the long run....
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By Loopholes Singapore
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