Dear readers, have you invested in Singapore stocks last year? If you have invested and are still holding on to your investments, it is quite likely that you would have incurred a paper non-profit. Reason being that the Singapore stocks markets, alike its regional peers have entered into a bearish correction.
To better explain this, the Singapore stocks markets benchmark indicator, The Straits Times Index (STI) was at 3,222.83 on the last trading day of 2019. On 21 March 2020, the STI was 2,410.74. Hence, the STI has corrected by 25.20%.
So it means that for every $100 you invested in the Singapore stocks markets, this $100 would have become $75.
But fret not. Provided if you still have some investable liquidity, you could make good profits by investing in the stock markets bottoms ride the rebound of the stocks markets up later. Now is the time to start saving even more war chest so that you could become Kings in terms of cash when the stocks markets bottom out.
That’s it for my insights today. I Thank you once again for your support of SG STOCKS INVESTING, your Money and Lifestyle magazine! Connect with me here to follow the daily exciting and useful posts on these two blogs, Thank You for your support!
BINGE READ ALL POSTS!
Visit Home Page for more reads or Connect here!