Hi ,

Here's Invest With Pete weekly update for Mar 22, 2022... as usual, my update on Stock Market and Property Market below

Stock Market

So much has happened since my last email on 21 Feb. Since then, we had:

1. Ukraine Russia War
2. US Inflation number going to 7.9%, highest in 40 years
3. First Interest Rate Hike since 2018.. and the likelihood of 6 more hikes in 2022
4. Fed announces stopping of their bond repurchases and ending QE as early as May

Naturally, all these sounds very familiar to me. As a student of financial history, I am always fascinated by market crashes and recessions. They always seem to catch everyone by surprise and the causes seem to vary each time.

However, we did see a four day gain streak last week, which gave a lot of investors hope. However, it eerily looks like what we experience back in January. (See below)

This looks like a typical BULL TRAP in a bear market. So overall, without further evidence, I would say that the market correction is still underway.

As for this week, we are seeing some exciting earnings.

Adobe, Nike, Pinduoduo, Tencent, Factset, Nio

Overall, with the lack of any catalyst for the upside, this current market seems to be geared towards more downside in the near term. There are a few factors in play here.

1. Persistently high inflation
2. 6 more rate hikes in 2022
3. High oil prices.

All these factors are traditionally pre-cursors for a recession.

Once again, I believe we are already in a bear market and a recession should soon follow. However, it doesn't mean that I am not investing.

Rather, I am GEARING UP to invest more. Historically, the start of a recession is one of the best time to invest. So while the market correction is underway, I am busy researching and getting ready to invest.

As for my investment service, I am raising funds from the clients, getting ready a watchlist of great businesses and take advantage of lower prices whenever it comes.

So once again, if you would like me to invest for you. check out below

✅✅ Are you too busy to invest by yourself? Do you need help to invest better for your financial future?

Check out my investment portfolio where I invest for more than 200 clients. The portfolio primarily focus on US, HK and crypto.

The cool thing is that you can invest using your SRS funds too!

Check out Pete's Investment Service

Property Market

Singapore property prices remain strong in 2022 with slightly lower transaction volume in Jan and Feb due to holidays and low number of new launches. However, one driving factor that I foresee in 2022 is the return of PR and foreigner back to Singapore. Based on statistics, we are expecting close to 200,000 to return to Singapore.

This is also one of the reasons for higher rental prices.

Overall, properties continue to be an effective inflation hedge and a stable anchor for my stocks and options portfolio which are more volatile.

Overseas Property Market

However, with the increased ABSD (17%), it is harder for us to buy a second property in Singapore to expand our property portfolio.

The obvious solution is to buy Overseas Properties.🌏

However, the key question is HOW?

I bought a condo in central Bangkok in the past and while it went up in prices, I didn’t make any profits! 

Insane right? How can I be right about the property and not profit from it? 🤯🤯 (tell you more next time)

The key is finding Trustworthy Partners

This is why I had been searching for partners to learn more about overseas properties. 

Not course sellers but REAL PROPERTY MANAGERS. 👍👍

And I will be speaking with one of them this Saturday! Frankly, I was a bit skeptical at first as I was previously burnt in overseas properties.

But after seeing that she manages a portfolio of properties for an asset management company! I realise she is a real deal.

I am super keen to learn from a REAL practitioner who actually owns MULTIPLE properties herself. 

And she said, “You can bring along your friends too!” 😁😁

So if you have been wanting to buy overseas properties,

Join us this weekend and start expanding your portfolio overseas! NO MORE ABSD!!! 😎😎

Date: 26 Mar 2022 (Sat)

Time: 3.30pm SGT

Location: Zoom webinar

👉 Limited seats because zoom has a cap

Register here

Enjoy, Pete Tan