We are almost a month into the fastest stock market decline in history.
News has been bad with more deaths around the world due to Covid-19, and higher rates of unlinked infections in Singapore.
But can we find a silver lining amid all the pessimism?
Half-full or half-empty?
I believe that we can make the best of a bad situation.
We cannot wish away the virus overnight.
What we can do is to shift our perspective to focus on the positive aspects of this pandemic.
More companies are now equipped to work from home.
Many people are also helping one another out during times of hardship, bringing out the best in humans.
Instead of focusing on the large fall in share prices and thinking about how much wealth has been lost, there are better things to focus on.
This is a once in a decade opportunity to accumulate shares of great companies at cheap valuations.
If you’re a foodie, this is akin to a buffet spread.
There are choices galore where you can pick and choose great companies to build a great portfolio.
Get Smart: Build for the future
The current situation may seem bleak. But we have to think beyond what we see in front of us.
If you can act, you will be patting yourself on the back years from now.
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