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Old 01-11-2018, 12:54 PM   #72
Purplestars
Master Member
 
Join Date: Feb 2005
Posts: 3,783
Boy oh boy, $3 million SGD in cash?

I mean, I strongly disagree with the idea of parking all that in cash and waiting for a crash that may not come, mostly because piling into the market after a huge crash is hard! Ask anyone who said in 2015-2016 "oh I'll wait for the dip"; the dip came in early 2016 but buying the market when it's plunging goes counter to every instinct that humans have.
Somehow the opposite always seem to come true, no matter how sound his logic seems to be!

Time the market and time the dip!
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