Where Is My “ Bear “ ?

<Image credit:Flickr.com>

Fear ? No More

You may notice that market continue to perform well , rebounded strongly after 1 or 2 days blip and dip crisis after crisis. US and European stock indices closed at record highs, while their Hong Kong and Chinese counterparts built on a rebound, as investors calmed their nerves over the new coronavirus outbreak that has swept across Asia.

Even in previous Iran-US geopolitical conflict, market also look very calm.

Trade war – no fear , Iran-US Geopolitical crisis – no fear , COVID-19 Coronavirus Crisis – no fear

This Time Is “Really” Different

As I mentioned before, market looks very calm crisis after crisis , so this time might be “really” different, with so much liquidity and lowest interest rate for such long period of time.

HKG/SHA Index rebounded close to 1% even with below news as headline of impact on new coronavirus to China's housing market.

Like I blogged before , market is unpredictable , when you think it will down , it goes up…

Instead of trying to predict the direction of market , which is hard , we might as well try to "live" with it and accept the truth that market is unpredictable and volatile.

Why not just :

Some of the companies start to announce their quarterly or year-end results. I am expecting to collect $51K of dividend in 1st Quarter 2020 , but moving forward , due to  weaker economic situation impacted by this COVID-19 crisis , some company may force to cut their dividend in coming quarters. If you are depending on “passive income” to cover your monthly expenses , you may need to do some “stress test” on how much you could survive due to these dividend cut.

Lastly , let’s keep our fingers crossed and hope that situation of COVID-19 may get better and pray for speedy recovery for those being infected.

Cheers !!

Chart Of The Day :


Related Posts Plugin for WordPress, Blogger...


Show more

This Month's Top Blog Posts

2020 Novel Coronavirus Crisis (Buy or Sell ?) -Portfolio Update

Rational Irrationality : From Stock Market to Supermarket

My Report Card (Portfolio Performance ) 2019

Stock Markets : Too Calm To Be True !