Trade wars, Hong Kong riots

Be greedy in times of fear. That's the investment mantra I live by.

Recently there's been a huge spat on trade wars and the Hong Kong riots, which took a toll on the stock markets. This was a great opportunity to load up on my existing positions as their prices have come down to more favorable levels. There no reason to explore other stocks unless a super attractive opportunity arises, like hongkongland. That counter was hit extremely hard by the riots, since they derive 50% of their revenues from HK. Other than such events where opportunities present itself, I prefer to average up or down into my existing positions... No need to perform the due diligence again, unless fundamentals have changed.

I'm enjoying the opportunities that the markets are presenting in the past few months. Simply keep calm and aim to collect more dividends by increasing your stake when frivolous sentiment changes.

Market entry is a psychological battle against yourself. Another post on this later.

Comments

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