Wanted to bring your attention to the article "Small investors go DIY" on ST.
I never really knew anything about the stock market or investing. Despite reading up some, i admit i still know next to anything. One thing i have learnt thou is that the trading fees are generally exorbitant and utterly erode the returns from your sells & buys. Hence, Index funds are the rage now. I read something about how i still need to open an account to trade Index funds. But, yes, still haven gotten down to it yet.
Now, as i ponder investing in Index funds thanks to the low base, i am toying with the idea of investing in property instead. Did my calculations and learnt that even if, for the next yr or so, i never eat or drink or buy a roll of toilet paper, i still wont be able to afford a pte apt. But, am doing my sums on a daily basis and trying to see if i can jump on the bandwagon when prices dip a lil more.
If, with a stable job in the worst recession ever, i cant buy pte property, then i guess i will have to wait for 2021 to buy when the market is down. [Theory has it that our bear market cycles seem to take 12 years ie. 1973, 1985, 1997, 2009 … and 2021? This of cos ignores the recessions of 2001 (dot com bust & 9/11) and 2003 (SARS).]