Navigating Market Volatility: The NASDAQ Drop

A Morning of Notifications
When I woke up on March 11, 2025, at 6 a.m., my phone was flooded with notifications from various financial apps like IBKR, CoinMarketCap, and MarketWatch. The news was everywhere: the NASDAQ had just experienced its worst day since 2022. Curiosity piqued, I quickly checked the extent of the drop before continuing with my morning routine. The NASDAQ had fallen by 3.81%, but I wasn’t fazed.

My Current Portfolio: Short-Term Losses, Long-Term Vision
My portfolio wasn’t spared from the market turmoil. My NVIDIA position is current 26% down from my average cost price, and my crypto holdings is down around 20%. Even my SGX-listed shares were feeling the ripple effects of the NASDAQ’s decline. Yet, despite these short-term losses, I remained calm. Why? Because I’ve always approached investing with a long-term mindset.

The Plan: Hold Steady and Stay the Course
So, what’s my strategy moving forward? Simple: I’m holding onto my positions. I firmly believe in the companies and assets I’ve invested in, and I have no urgent need for the money tied up in these investments. Should the market continue to drop, I see it as an opportunity to nibble bit by bit, adding to my portfolio at lower prices.

I’ve chosen to hold because I have faith in the fundamentals of the companies I’ve invested in. NVIDIA, for instance, remains a leader in AI and semiconductor technology, while my crypto holdings are part of a rapidly evolving digital asset class with immense potential. As for my SGX-listed shares, they represent stable, dividend-paying companies that I trust to weather market storms.

Bigger Concerns: Job Security Over Market Fluctuations
At the end of the day, my primary concern currently isn’t the daily fluctuations of the stock market. Instead, I’m more focused on the broader economic environment, particularly the rising number of retrenchments happening across various industries. As long as I remain employed and have an active income stream, I can continue building my financial war chest.

Conclusion: A Long-Term Perspective
Market downturns, while unsettling for many, can present unique opportunities for long-term investors. The NASDAQ’s recent drop has sparked fear, but for me, it’s a reminder to stay disciplined and focused on my investment goals. So long as I have the means to keep investing, I see this as a potential opportunity of a lifetime. After all, when good companies face temporary setbacks, it’s often the best time to buy.

For now, my attention remains split between monitoring the market and ensuring my job security. Because in the grand scheme of things, having a steady income to fuel my investments is far more critical than any short-term market movement.

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