Pastor Kong’s message blew my mind. indeed, there is unlimited potential we can tap on if we would just allow our mind to expand. and I love what pastor Derek said in the prayer meeting. as Christians, we are not limited by what the world is saying. but instead of being simpletons, we KNOW what’s going on, and are able to capture opportunities in the midst of all these.
in this kind of market, only the best survives. and i’m able to say, i’m surviving.
“Be fearful when others are greedy, and greedy when others are fearful”
- Warren Buffet
“[Bad news] allows you to buy a slice of the future for a marked down price”
- Warren Buffet
so instead of panicking, it’s time to keep our eyes open for opportunities. which means we don’t pump our life savings into stocks now. be disciplined. remember, we’re looking at at least 6mth-2 years recovery window.
some analysts i’ve been speaking to think we’re near bottom. it would be impossible to time the bottom, and those who are trying to time the bottom are either wasting their time or using ‘timing the bottom’ as an excuse for their inability to analyze and spot opportunities.
i’m not a rocket scientist, neither do i know what’s going to happen. but there are opportunities that takes on fixed upside and very little downsides, if u know what i’m talking about.
company bonds, for example, are so cheap because of the little exercising chance in 3 years, because of ridiculously cheap stock prices. however, they are giving you amazing discounts and therefore amazing fixed returns in the near future.
this is a good time to buy things, for both value investors and technical traders. especially when we are equipped with the anointing of the Holy Spirit.
Again, i don’t know for sure. in the short term, probably things are still going to look gloomy. unemployment will rise, business activity will falter and headlines will continue to be scary. but don’t forget that equities is a leading indicator while the economy always lacks behind. so don’t let bad news in the press affect us too much. most of those reported are already factored in the current price.
“I don’t like to opine on the stock market, and again I emphasize that I have no idea what the market will do in the short term. Nevertheless, I’ll follow the lead of a restaurant that opened in an empty bank building and then advertised: “Put your mouth where your money was.” Today my money and my mouth both say equities”" — Warren Buffet
on another note, please continue to pray for me!! my voice is still not so good and i wish to sing soon (:
