A Quick Review

Hi Fellow Automated Millionaires,

its has been 2 months since I have written anything, cause I felt that its time for me to go into action and see how is the result rather than just say only...

Anyway, first of all, of course, everyone knows already... the market crashed and i lost about S$2k in my Mutual Funds portfolio. Not alot comparing to the tycoons who lost from millions to billions in just these 1 month of tumoil... But still its money... haha

To tell you the truth, ever since i started this blog, i always wanted the market to fall... because its only when the market fall, the truth about how well the fund is perform will reflect :) True enough, it fell.... and fell through the bottom. Honestly speaking, i have quite a bit from this market crash.

Investors are really an emotional lot, well... US has not officially been in a recession but yet they are performing like it is already... this would be a great time to do purchasing just like how GIC and Temasek Holdings bought large amounts of Citibank and UBS shares.

I am now currently working on ETFs, hence looking for the right moment to invest but then... as the wise has said... NOW is always the best time to take action... so what am I waiting for? hehe... maybe its a high time for me to find out whats my OCBC online broker password... hehe :)

Disclaimer
The above information is wholy author's personal opinion. It does not intend to replace any professional advice. If legal advice or other professional advice, including financial, is required, the services of a competent professional person should be sought.