Where Is My “ Bear “ ?



<Image credit to seekingalpha.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, the market also look very calm.

Trade war – no fear, Iran-US Geopolitical crisis – no fear , COVID-19 Coronavirus Crisis – no fear
<image credit to cleanpng.com>
https://www.cleanpng.com/free/no-fear.html

This Time Is “Really” Different


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





Stock Markets : Too Calm To Be True ! <link>


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

China Home Sales Plunged 90% in First Week of February <link>


Like I blogged before, the market is unpredictable when you think it will down, it goes up…
Mr. Market : 市场如天空，变幻无穷。。。。莫测  <link>


Instead of trying to predict the direction of the 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 :

image credit to routetopassiveincome.blogspot.com


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 a 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 a speedy recovery for those being infected.


Cheers !!




Chart Of The Day :


image credit to marketwatch.com


Comments

  1. KA_Holding22 February 2020 at 15:20

    wow, $51k per quarter. More than my full time job.

    ReplyDelete
    Replies
    1. STE1 March 2020 at 22:29

      Hi KA-Holding,
      Thanks , this is 25 years effort of buying and compounding effect ... everyone should take advantage of compounding effect , especially for those who are still young where time is in your side...
      Cheers !!

      Delete
  2. Your Ka-ki!24 February 2020 at 14:14

    Bear just arrived.

    ReplyDelete
    Replies
    1. STE1 March 2020 at 22:26

      Hi Your Ka-Ki,
      Yes, indeed, mini-bear just appear .... get ready on your war-chest ... :D
      Cheers !

      Delete
  3. Verseun16 March 2020 at 18:13

    Looks like you are spot on the bears arrived in March

    ReplyDelete

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