My Initial (Unexecutable) Post Brexit Action Plan
With the Brexit happening, everyone was expecting a bloodbath in all the global markets. It did happen for a while - but its only within foreign stock exchange. For Singapore stock market, STI has actually rise for the last 3 days post Brexit event! The STI downturn in January is actually much worse! STI rises over the last 3 days! This results have actually confused me and makes me realise Mr Market is always Irrational ! I even had my watchlist ready and was ready to pounce when my target price is hit. Nevertheless, this never happen and all my targets stayed "green" and move further away from my target price. In the end, I sold some of my holdings in Singtel and M1 rather than attempting any purchases. (Do you want to know my targets? Join my 1st Sharing Session to know what's in my watchlist.) Anyway I believe its good to share how I did initially review my watchlist, so that we can follow this action plan everytime prior to a significant event ...