Saturday, April 11, 2020

Setting aside a war chest of $500,000


It feels good to be able to work from home. 

Bloomberg terminal at finger tips with Netflix at the background.



The recent bear market provides a good opportunity for long term investors. I would gradually deploy the funds over the course of possibly 6 months to 1 year. It is hard to see where the bottom is. On one hand, the bulls are saying the Trillion dollars worth of stimulus will find its way to financial markets and raise the value of stocks. The bears are saying the recession will be worse than GFC and it doesn’t make sense for the market to just drop 20%.


I don’t know.

Buy when there are dips. My war chest are placed in HL bank @ 1.98% and Maybank @ 1.75%. I believe this 2 banks offer the highest no lock in rates. 



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