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Taking a hit in my end Nov 2021 liquid assets update
By Finance Smiths  •  December 1, 2021
I have been busy in the past few days using up my cash to buy the dip in the stock markets, both on individual stocks and global ETFs. The fall in the markets is due to concerns over the omicron variant of the Covid virus and its dampening effects on the reopening of economies around the world. The prices may keep falling so I’m averaging down slowly. Not like I have a choice since my low cash balance is preventing me from making any big purchases. Watching buying opportunities slip by you due to a lack of cash is a frustrating experience. I may probably increase my investing cash buffer on standby as a learning point from this whole episode. Cryptos have been rebounding recently so I have stopped buying anything and maintained my regular weekly purchases. Just to keep increasing my exposure to this asset class. I like...
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By Finance Smiths
Late 30’s couple with 2 small kids living in Singapore writing about our financial progress as a family.
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