Hi Fellow Automated Millionaires,
Recently, My mentor and I reached a conclusion that it's time to move another portion of our parking funds back into the equity funds.
Why? The World's Greatest Investor Warren Buffett, buys things when the valuation is low. He also said that "Be greedy only when everyone is fearful and be fearful when everyone is greedy!". Robert Kiyosaki once said that "You earn money when you buy not when you sell!".
Yes. We wouldn't know if the market is going to go down further or raise. But we know 1 thing for sure, the market will go up given time (maybe 3-5 years). Hence, the always recommended method of investing is always "Buying Insurance on Investment" aka Dollar Cost Averaging or Regular Savings Program (RSP). By starting a RSP on funds like Schroder BRIC, PRU Global Basics, Aberdeen Pacific, and DWS China will protect ourselves from price volatility.
Though bad news have been hording the newspaper, in addition, Singapore and other countries are going into or already in recession, don't be too emotion over those news. I always try to educate my clients and friends that we are doing investment using logical mind and not emotion mind just like Warren Buffett.
Happy Investing :)
Yours Sincerely,
Max Tay

