Singapore narrows GDP growth forecast for the year

[CityFarmer]

Ignoring macro market trend, is easy to say than done, but an important rule of value investing for good reason. It is always a hard time, to invest contradictory, including me

One important criteria for investing, is a favorable price. It will only available, when almost everyone is thinking, doom is coming. If we are right on selecting a fundamentally good company with a good price, we will never be too wrong even macro trend turn against us. We will be very right, if macro trend has turn right.

I have wait for years for Vicom to offer a good price, but it stays like a rock, over the years, and still so in current "doom" or "dooming" period.

I agree we need to know where we stand, but not as input for decisions, but for execution plans.

(sharing a view)

CF, easy to invest for me as market down day is the day I can go stocks shopping.

Since STI hit below 3150 points this week, I have reallocated 10% of portfolio cash back into market buying back a couple of stocks I had taken profit when SGX was 3500 and have gone down since without any change in their fundamentals...

No need to worry about market still have ~40% portfolio in cash. If SGX go down another 10% from here lagi happy, can put some more cash in. If someone somewhere in some big central bank does stimulus and push markets up, then i am also happy can take profits

I admire the emotional control to go against the market.

My best wishes to your investment venture, sincerely