Let's take a step back here. Those points above are things which are uncertain. However I'm certain people will be still consuming oil, flying (using jet fuel), people will continue to eat and great businesses will still continue to operate. Investing is for the long term, at least that's how I invest and teach how to invest. Yes I do Short term bets however they gotta come with a great risk to reward strategy. My short terms bets only take up a small percentage of my portfolio for "pocket money"
Tonight as the market will plunge and lots of panic sellers, the implied volatility will jump causing option premiums to spike. I will be taking this chance to pocket some good money =) No herd mentality here.
For the 1st time in my blog, I will announce a free 2 hr talk I will be conducting next Tuesday, 28 June 2016 from 19:00 to 22:00 (SGT) . I will being talking about investments and how I believe I can empower everyone to be financially secured. Register below: