Yesterday, markets in the region took a huge tumble mainly due to the nosedive of Russia's Rouble. Singpaore's STI lead the fall with more than 2% and close at 3,215.09 yesterday (16th December 2014).
From raising interest rate to dropping oil price to nosediving Russia's Rouble, there is/are always news (bad) to rock the markets.
So what should we do next?
Personally, I think we should do just the following two things :
"KEEP CALM AND CARRY ON"
AND
"Be GREEDY WHEN OTHERS ARE FEARFUL"
(of course, practice this with both eyes wide open and do your necessary homework first before accumulating)
I know, it is always easier said than done when our hard-earned cold hard cash are at stake. Just do our best to keep our cool and remind each other to do so too. OK?
Cheers!
ReplyDeleteNight is still young for any nightmares
Cw8888 : hahaha.. So u r expecting worst to come? Lol
DeleteHow about investing into russia? its trading at around 5-6 times earnings
ReplyDeletecan buy etfs like RSX
Felix : thanks for the cue! I will focus on local market first and might expose myself to foreign market when I am ready (better learn to walk first before running) ;-)
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