I use this opportunity to capture the flash crash of worldwide stock markets and Singapore Stock Market. This is one of the historical events we can use it for lesson learned.
Crude Oil plunges and COVID-19 outbreak bring down the worldwide stock market.
Singapore Straits Time Index (STI) crashed 6.03% today, led by Singapore bank stocks and REITs.
Singapore Banks’ biggest one day drop in many years!
FTSE ST REIT Index drop 4.15% today.
Blood bath in Singapore REITs!
If you are panicking or have great concerns on your current investment portfolio, it is advisable to seek independent professional’s help (advisory fee applied) to review your current financial situation and investment before next course of action (continue to hold, sell all, sell some, buy some, buy more, do nothing, don’t know when to sell, don’t know when to buy, what to buy, what to sell, etc). You may contact kennyloh@fapl.sg if you need any advice.
Kenny Loh is a Senior Consultant and REITs Specialist of Singapore’s top Independent Financial Advisor. He helps clients construct diversified portfolios consisting of different asset classes from REITs, Equities, Bonds, ETFs, Unit Trusts, Private Equity, Alternative Investments and Fixed Maturity Funds to achieve an optimal risk adjusted return. Kenny is also a CERTIFIED FINANCIAL PLANNER, SGX Academy REIT Trainer, Certified IBF Trainer of Associate REIT Investment Advisor (ARIA) and also invited speaker of REITs Sympsosium and Invest Fair. https://fa.com.sg/kennyloh/
You can join my Telegram channel #REITirement – SREIT Singapore REIT Market Update and Retirement related news. https://t.me/REITirement
