CNBC - UOB Private Bank
China is a long term growth story. Current situation warrants temporary fiscal and monetary injection. Nothing to stop policy makers from withdrawing stimulus when situation gets better.
2 ways to get into market:
1. Dollar cost averaging (DCA) - buy in tranches solid fundamental stocks (ask your RMs for the suggested list);
2. Through structures such as the fixed coupon notes (FCNs).
As it is indeed quite impossible to catch the bottom.
Even if you managed to “observe” the bottom, it could be yesterday (or simply an hour ago), and it’s kinda late chasing it up now.
https://www.cnbc.com/video/2020/02/06/dollar-cost-averaging-is-a-safer-market-play-amid-virus-crisis-uob.html
2 ways to get into market:
1. Dollar cost averaging (DCA) - buy in tranches solid fundamental stocks (ask your RMs for the suggested list);
2. Through structures such as the fixed coupon notes (FCNs).
As it is indeed quite impossible to catch the bottom.
Even if you managed to “observe” the bottom, it could be yesterday (or simply an hour ago), and it’s kinda late chasing it up now.
https://www.cnbc.com/video/2020/02/06/dollar-cost-averaging-is-a-safer-market-play-amid-virus-crisis-uob.html
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