Dear readers, Thank You for tuning in to SG Stocks Investing once again! Today’s post title may sound rather serious to you: Keep Your Spare Cash out of sight? And to a certain extent, it also seems contrary to what I have been advocating: that is to ready a warchest to take opportunities of the stocks markets when investors are fleeing. So what exactly am I talking about?
Well, I am talking about temptations here. You see, the stock markets have not being really bullish nor really bearish right now. I think some investors have really been tempted to really enter the stock markets to earn some big bucks especially when their savings have been piling up. Hence to really keep your spare cash out of sight by diverting them to other less easily-used bank accounts will be useful lest investors, on the spur of moment pour these savings unwisely into investments.
I am very sure that the stock markets will turn very volatile pretty much. When stock markets become bearish, I believe you will be like a General, summoning all your warriors (aka your spare cash) from all your reserves and take opportunities of the stock markets like a King!