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Showing posts with the label Brexit

My Initial (Unexecutable) Post Brexit Action Plan

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With the Brexit happening, everyone was expecting a bloodbath in all the global markets. It did happen for a while - but its only within foreign stock exchange.  For Singapore stock market, STI has actually rise for the last 3 days post Brexit event! The STI downturn in January is actually much worse! STI rises over the last 3 days! This results have actually confused me and makes me realise Mr Market is always Irrational ! I even had my watchlist ready and was ready to pounce when my target price is hit. Nevertheless, this never happen and all my targets stayed "green" and move further away from my target price. In the end, I sold some of my holdings in Singtel and M1 rather than attempting any purchases. (Do you want to know my targets? Join my 1st Sharing Session to know what's in my watchlist.) Anyway I believe its good to share how I did initially review my watchlist, so that we can follow this action plan everytime prior to a significant event ...

Brexit Consequences For Singapore Investors

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I have written about Brexit before it actually been confirmed yesterday. (But they are still within Euro 2016...) Then I realize every single soul has been talking about it on Facebook and blogs. Therefore, I will be echoing some of the views that I had read up which I think is important to the Singapore Investors: 1) Expect Volatility - STI falls 2.25% and Dow closes down 600 points. Expect the stocks to be in the red moving forward for the next week. If you are convinced your stocks have good fundamentals, then DO NOT SELL ON PANIC. If not, try to stay away from looking at the stock market the next week - Find a distraction, and currently Euro 2016 is a good one. 2) Look Out For Opportunities - Since the stocks will be in the red, re-look at your watchlist. If the stocks on your watchlist have hit your target price, go for it. Remember to BUY LOW. At least if you buy now, the price will not be at the highest. 3) Understand Your Stock Holding's Business and Det...

As The Brexit Drama Unfolds...

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While everyone is busy with talking about Brexit, I have been focusing on the other “Brexit” in the Euro 2016. (England, Wales, Rep of Ireland and North Ireland are in the Euro 2016.) I guess Euro 2016 came at the right time, keeping my mind off the stocks. For this month, I didn’t even bother about how my stocks move (although occasionally, I still look at each stock update on a weekly basis). But looking at the recent focus on Brexit, I will like to give you my two cents worth on this issue. In my opinion, it didn't matter if Britain exit or remain in the Euro Zone because if you have confidence in the fundamentals of your stocks and are in for the long haul , you should not worry. Everything will most probably revert back to status quo again once Britain sort of the consequences of its decision on 23 Jun 2016. However, if you can’t sleep at night because of the way you trade/invest, then regardless of the decision of Britain, you will still have a bad sleep. Find out...