Why Not SELL EVERYTHING NOW If We Believe Markets Will Crash And BUY Back Again In Future?

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  • Опубліковано 5 лис 2024

КОМЕНТАРІ • 107

  • @joshconsultancy
    @joshconsultancy  Рік тому

    Purchase access to LIVE JOSH TAN FINANCE SUMMIT DEC 2022 . Everything you need to be a better investor for 2023 at $67 ONLY now
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  • @lynnng6516
    @lynnng6516 2 роки тому +9

    “If you cannot take me at my worst, then you don’t deserve me at my best.”
    This is something that I think about constantly when looking at the market these days. Like you mentioned, if we have invested into fundamentally good companies, just need to ignore the noise and see this as an even greater buying opportunity. The bear won’t be around forever, it needs to go to sleep for winter as well 😂 make use of it when it’s here!

    • @joshconsultancy
      @joshconsultancy  2 роки тому +1

      Nice quote Lynn! I may borrow for future presentations 😉

    • @lynnng6516
      @lynnng6516 2 роки тому

      @@joshconsultancy sure!

    • @andygregory2145
      @andygregory2145 2 роки тому

      This quote sure sounds applicable to a romantic relationship as well

  • @whis5448
    @whis5448 2 роки тому

    "Difficult roads leads to beautiful destinations", a quote I got from one CNA documentary.

  • @MaxGarmin
    @MaxGarmin 2 роки тому +10

    Hi Josh, appreciate the timely advise when all hopes seemed lost. Been through several ‘BEARS’ and what you have shared resonates with me. Selling out now is like jumping out of a roller coaster ride when it is in motion, which is an extremely unwise thing to do. It is also through these ‘BEARS’ that I have also learnt to be indifferent when the market crashes. Of course, the basic fundamentals of holding on to shares with strong credentials is important. Thank you and have a great staycation with the family!

  • @ShirleyCan
    @ShirleyCan 2 роки тому +3

    I like how he is in a serious tone and then suddenly reminding us to like the video. Jokes aside, thank you josh for giving us these advices. Hope everything goes well soon!

    • @joshconsultancy
      @joshconsultancy  2 роки тому +2

      Ya I sudd remembered about the LIKE part while narrating. Thanks cya around arias

    • @TemplarLove
      @TemplarLove 2 роки тому

      @@joshconsultancy always like your video without telling me hha

  • @ocswoodlands
    @ocswoodlands 2 роки тому +1

    This is EXACTLY the question that I want your opinion about. Great timing :)

  • @taychikeng
    @taychikeng 2 роки тому +5

    Wow, basically me in 2021. Nice storytelling.

  • @asianwithacapbackpack3053
    @asianwithacapbackpack3053 2 роки тому

    Thanks for the 'pep' talk video. Many people need to hear this.

    • @joshconsultancy
      @joshconsultancy  2 роки тому

      No worries. Share with someone who can benefit from hearing this

  • @CMCJJT
    @CMCJJT 2 роки тому +1

    Everyone should know that a panic selldown of less than 0.1% of total outstanding shares of a liquid counter can cause a more than 10% price drops, vice versa . Everyone should know this fact before deciding what to do at this moment. This is how volatile the stock market can be. Stock markets are 'controled' by irrational people.

  • @gasohwjchen
    @gasohwjchen 2 роки тому

    1 thing I learnt from investing is nv sell at a loss! Conviction is key!

  • @KelvinLearnsInvesting
    @KelvinLearnsInvesting 2 роки тому +6

    Very good explanation!!

  • @awsc5675
    @awsc5675 2 роки тому +6

    This remind me of some quotes by few great investors;
    It’s in the nature of stock markets to go way down from time to time. There’s no system to avoid bad markets. You can’t do it unless you try to time the market, which is a seriously dumb thing to do. Conservative investing with steady savings without expecting miracles is the way to go - Charlie Munger
    The stock market is a device for transferring money from the impatient to the patient - Warren Buffett
    Your ultimate success or failure will depend on your ability to ignore the worries of the world long enough to allow your investment to succeed - Peter Lynch

  • @siscaandfukufrenchie5149
    @siscaandfukufrenchie5149 2 роки тому

    Josh time to buy, the question is how much to buy. I have been limiting myself to a certain amount each time as I feel the market will go down even more. Thanks for the videos!!

    • @joshconsultancy
      @joshconsultancy  2 роки тому +1

      Hi Sisca, if your income is still strong, its merely deploying some of it there consistently. If you've a pot on hand then deploy over the next 12mths equally. You wouldnt be too far from hitting the absolute bottom imo. Hope it answers

  • @jocheah4000
    @jocheah4000 2 роки тому +1

    The market today is very different from post Leman Bro quantitative easing policy. Go back to basics, look at valuations and cash flow positive companies and start to nibble at the current down trend. Round the corner is US Housing market crash which will ignite the debt bubble. The commodity cycle will boom and eventually FED will surrender and continue to print more $$$ by mid 2023. Worst scenario is stagflation and this will prolong the sufferings ??? Don’t have to time the market but most people got out of markets back in Dec/ Jan.

    • @joshconsultancy
      @joshconsultancy  2 роки тому

      Oooh. It’s an interesting pov but don’t be too sure safer. Cya around

    • @dowjonespi3483
      @dowjonespi3483 2 роки тому

      Wow.. quite close.. yes .. by .. December

  • @byebyefiat
    @byebyefiat 2 роки тому

    Surprisingly good. 👏🏻👏🏻

  • @tanjem
    @tanjem 2 роки тому

    Yes.. There are expert out there.. I happen to know 2 or 3 of them.. But the knowledge is it of this world..

  • @TemplarLove
    @TemplarLove 2 роки тому +1

    Thanks Josh! Appreciate this video during these period of time

    • @joshconsultancy
      @joshconsultancy  2 роки тому +1

      Glad it was helpful! Invest safely and stay optimistic

  • @goldbird86
    @goldbird86 2 роки тому

    Josh got set up lighting eh? The shadow cast on your face and background sets a serious tone. Hah

  • @leonardlim2821
    @leonardlim2821 2 роки тому

    Loves those tips👍🏻 time in the market > timing the market 🤫😉

  • @Charvo75
    @Charvo75 2 роки тому

    Always bounces to sell. VIX at 25 is a sell signal.

  • @hbu8012
    @hbu8012 2 роки тому

    Time in the market with what we already have invested is more important since we cannot predict the future. In regard to our war chest & deploying funds in downturn ..... better do technical analysis as well.

  • @leechenlin6056
    @leechenlin6056 2 роки тому

    Your advice very alight to John C Bogle.

  • @michaelsellers5095
    @michaelsellers5095 2 роки тому

    100%correct

  • @dowjonespi3483
    @dowjonespi3483 2 роки тому

    Sorry.. it's now time to rebound to complacency

  • @father88888
    @father88888 2 роки тому

    its like asking will u wait 10yrs if u know car will b cheaper then ?

  • @babibrain
    @babibrain 2 роки тому

    Useful advice

  • @lumvincent7431
    @lumvincent7431 2 роки тому

    Well done , boss ! Different investors have different emotion n action when bear mkt. I would buy some ocbc n keppel if STI drop below 3070. As my counters r profitable, still can get some dividends thru next yr. If next yr, USA recession, then buy more ocbc n keppel . Just like ( apr-may 2020) . Enjoy the sun ,swimming pool during the vacation !

  • @yewkaisiang7213
    @yewkaisiang7213 2 роки тому

    Josh, thanks for your advice.

  • @lenglucy5886
    @lenglucy5886 2 роки тому

    Thank you sir for the great advice. I am a long term investor and my investment is only within my investment piggy bank fund, nothing beyond that and based on the principle of fundamental. Love the rest of the comments here as well, learning and still learning from the the best.

    • @joshconsultancy
      @joshconsultancy  2 роки тому

      No probs, cya around more and share with someone who should hear the message too

    • @lenglucy5886
      @lenglucy5886 2 роки тому

      It seems like doom and gloom among most shareholders across the board during the bear cycle. I have been sharing your video around, hopefully it will shed some light over the whole situation with more investors have a better understanding of the bear cycle.

  • @Huatgaobaydinchu
    @Huatgaobaydinchu 2 роки тому

    swee la josh... great quotes.

    • @joshconsultancy
      @joshconsultancy  2 роки тому

      Thanks JL. Share with someone who should hear too

  • @crazypapaz431
    @crazypapaz431 2 роки тому

    If the goal of investment is for 20-30 years, all these noise will not affect you much. People affected are mostly short term thinking and want quick money instead of building long term wealth.

  • @mingjieng1426
    @mingjieng1426 2 роки тому +1

    Hi Josh, I asked Chicken Genius about this but I think he needs time alone, if the stock market is crashing, is it a good idea to buy a call option on SQQQ or even the ETF itself for a short term?

    • @joshconsultancy
      @joshconsultancy  2 роки тому +1

      Hi Ming Jie, my message here has been consistent. Simplify the approach and do not have options and short positions to "hedge". It is still an attempt to avoid losses because of market timing, just disguised differently

    • @mingjieng1426
      @mingjieng1426 2 роки тому +2

      @@joshconsultancy I actually don't have much stocks in hand previously and sold off more than 90% off at the end of January at a profit. Since then I shorted, buy puts or got inverse leveraged ETFs like SQQQ and have been making quite a bit of profits also. Thing is, I do have a feeling even though it is bad news everywhere, the market is reacting but not by much and so I do plan on stopping all these shortings, puts and inverse leveraged ETFs.

    • @louth1770
      @louth1770 2 роки тому

      U mean put option? To go down?

    • @mingjieng1426
      @mingjieng1426 2 роки тому

      @@louth1770 SQQQ is a leveraged inverse ETF, this is not financial advise but don't buy unless you know what you are doing

    • @dowjonespi3483
      @dowjonespi3483 2 роки тому

      @@mingjieng1426 it's time to the opposite

  • @ackc1204
    @ackc1204 2 роки тому

    If you sell, then thats money lose. Else its paper lose now. But in the first place, you should only invest with money you do not need for the next few months or years. And only invest in long term. People who lose money now are mostly traders. Ironically, my only proft stock is Tesla where many had been claiming it as high risk for past few years. The rest are paper lose but manageable. Just DCA..... similar to my cryptos.

    • @joshconsultancy
      @joshconsultancy  2 роки тому

      Agree that only money that is not needed should be invested. This period of downturn has reinforced that importance

  • @rachelho9715
    @rachelho9715 2 роки тому +1

    Hi Josh, thanks for the advice. I started contributing a fix amt per mth into a portfolio of unit trust that gives me monthly dividends for the last one over years. It is currently down around 15-18%. I have changed the plan and am putting a same fixed amount every week and is planning to do the same DCA for the next one to two years. Can you let me know if I am on the right track to ride out this recession ? Thank you!

    • @joshconsultancy
      @joshconsultancy  2 роки тому +1

      Weekly or monthly may not make a very big difference. They both require market to recover. Give it that 2 years as planned and stick to it

  • @En-sz2ll
    @En-sz2ll 2 роки тому

    Just want to ask, bank lending rate will increase due to inflation. Banking stocks should perform well. With Fed keeps increasing leading rate, will bank stocks drop in price ?

    • @joshconsultancy
      @joshconsultancy  2 роки тому

      Banks benefit from higher interest its true BUT there is default risk to balance against. Share prices are also impacted by sentiment in the short term

  • @AhWing89
    @AhWing89 2 роки тому

    Tesla shares seen to recover to USD 700 last night. Are we on the road to recovery?

    • @joshconsultancy
      @joshconsultancy  2 роки тому +1

      Hi WK, the question needs to be refined. I have no idea and I guess no one also. More importantly I havent voted with my money on it. Cya around

    • @AhWing89
      @AhWing89 2 роки тому

      @@joshconsultancy I see. Noted and cya. =)

  • @gotrew
    @gotrew 2 роки тому

    R fed is serious about draw 20 triliion from the market !

  • @pth8888
    @pth8888 2 роки тому

    Have been waiting for this BEAR opportunity for quite awhile. Have recently enter the market slowly to take up positions. Let’s see how long this BEAR will be around.

    • @joshconsultancy
      @joshconsultancy  2 роки тому

      I agree with Slowly 👍

    • @CalvinK300
      @CalvinK300 2 роки тому

      I have seen quite a few bears and this is just a cub 😂

  • @staypositive.wineveryday
    @staypositive.wineveryday 2 роки тому

    crude palm oil seems to be in a downtrend, correction?

    • @joshconsultancy
      @joshconsultancy  2 роки тому

      I certainly hope so. The cooking oil supply issue is still grave

  • @tanjem
    @tanjem 2 роки тому

    You learnt a lot.. I can see...

  • @kaplantaytay8833
    @kaplantaytay8833 2 роки тому

    Find chloe and learn the option trading...She looked good

  • @gparamaeswary7276
    @gparamaeswary7276 2 роки тому

    Thank you.

    • @joshconsultancy
      @joshconsultancy  2 роки тому

      You're welcome! Share with someone who should hear too

  • @staypositive.wineveryday
    @staypositive.wineveryday 2 роки тому

    I afraid things could turn out ugly at the end that will cause a long period of stock price depression

    • @kumsoonwong143
      @kumsoonwong143 2 роки тому

      Depends on how long our time period. Unless we think the world is crashing next 10 to 20 years

  • @papa-dt1cv
    @papa-dt1cv 2 роки тому

    Tesla going back to low level dip soon again ?
    Bloomberg reports that the world's richest person has warned employees in an internal memo that Tesla Inc. has had a “very tough quarter” as it struggles with supply-chain snags.
    “This has been a very tough quarter, primarily due to supply chain and production challenges in China,” Musk said in an email to employees over the weekend. “So we need to rally hard to recover!”

    • @joshconsultancy
      @joshconsultancy  2 роки тому

      havent see the report before. But Tesla decline is in line with market sentiment, prob not due to production drop I guess? (which is temporary)

  • @staypositive.wineveryday
    @staypositive.wineveryday 2 роки тому

    could china tech stock in the disbelief stage? what is your view?

    • @joshconsultancy
      @joshconsultancy  2 роки тому

      I do it possibly at disbelief stage hence I'm guessing the bear there could have ended

    • @staypositive.wineveryday
      @staypositive.wineveryday 2 роки тому

      @@joshconsultancy do u think starting DCA on china tech is a good choice for now? is kind of contradicting considering the whole world battling high inflation while we long on china tech stock?

  • @bennylim9302
    @bennylim9302 2 роки тому

    Time maket is not easy after sell never buy back.

  • @ChoseNTuber
    @ChoseNTuber 2 роки тому

    U need to put disclaimer that ur refering to the 90% of the people out there. Cos there are 10% of people (hopefully me) that just look at numbers and nothing else. And there are the 1% of people who are able to sell off at the relative highs and buy back at the relative loWs EVERYTIME

    • @joshconsultancy
      @joshconsultancy  2 роки тому

      Hi CNT, treat it as a story not meant to be personal. And everyone was once starting out also

  • @AaA-sl9cl
    @AaA-sl9cl 2 роки тому

    Hi Josh, thanks for sharing. Would this apply to taking profits now (not crystallising losses) to build future watchest for further short term dips (assuming that is my macro market view)?

    • @joshconsultancy
      @joshconsultancy  2 роки тому

      No. It will be taking the "exiting market" out of context. Trading is trading. Investing is exiting in overvalued/late cycle situations. This is an example I Sold Away This Share, Once My Biggest Holding | Property Peaked For Propnex & Apac Realty Shares? ua-cam.com/video/ty0JbemKlYk/v-deo.html

    • @AaA-sl9cl
      @AaA-sl9cl 2 роки тому

      Many thanks for your reply. Have a great staycation!

  • @joshconsultancy
    @joshconsultancy  2 роки тому +3

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    The title of $1,000,000 is to hopefully serve as an inspiration and I'd like to share with you as it should be told.
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    • @tanjem
      @tanjem 2 роки тому

      Perhaps it is time to add 1 more zero .. we are heading from inflation to hyperinflations ..

    • @AhWing89
      @AhWing89 2 роки тому

      Will there be hardcopy book available?

    • @joshconsultancy
      @joshconsultancy  2 роки тому

      @@tanjem it may be a few years only. Recessions deflate

    • @joshconsultancy
      @joshconsultancy  2 роки тому +1

      @@AhWing89 it’s a eBook version Cya around

    • @tanjem
      @tanjem 2 роки тому

      @@joshconsultancy what if the war drag and escalate ?? can we ignore this and be unprepared !!.. With war, do you think inflation will go away ??

  • @papa-dt1cv
    @papa-dt1cv 2 роки тому

    Levels: - 1 Fear, 2 despair, 3. Panic, 4. surrender, 5. depression, 6. Riot/taking Legal action/ declared bankruptcy/sell your house to cover debts.. or can't afford cheap netflix anymore?
    7. Finally - new Hope (end of dip)
    Which stage most investor are now?
    Worst is over?

    • @joshconsultancy
      @joshconsultancy  2 роки тому

      US tech is unlikely at 7 yet imo. But thats not the problem. The problem is joining in during 2021 as explained in this sharing

    • @dowjonespi3483
      @dowjonespi3483 2 роки тому

      Rebound to complacency

  • @TheHumbleChartist
    @TheHumbleChartist 2 роки тому

    Great and concise