Dear readers, the recent global stocks markets rout have made quite a number of my colleagues talking about stocks again. They are eager to buy stocks while they are cheap. To do that, some are very tempted to invest in the stocks markets right now fearing that the current lows that the Singapore stocks markets are seeing may be reversed soon. Others have set a target price for which will trigger them into buying stocks.
Yes, indeed when Singapore stocks markets Straits Times Index STI was in the range of 3,200 as of December last year, the current 2,200+ range did look attractive. In a nutshell, many investors want to be Kings of the stocks markets right now by deploying their liquidity. But there is only one winner.
The winner will be the investor who resists all the temptation to invest when the stock markets go south and south.
The winner will be the investor who invest in the stock markets at its bottom-most or one of its bottom-most.
Over the last few years, I have been building up my investment war-chest with a view that a global stock markets correction is coming. I will be deploying this war-chest to good uses at the most opportune time.