 The US stock market has dropped more than 20% in the past one year. Is it time to sell or is it the time to buy? Before I reveal to you the answer, let's go and take a short quiz from Warren Buffet. Oh yeah, before that, welcome back to my channel, the only one place for you to learn about stocks, investing, as well as options. If it's the first time of you coming, remember to click the like and the subscribe button so that we can grow together as an investor. In return, I will share with you Warren Buffet's answer. Warren Buffet once asked in his Berkshire Hathaway annual shareholder meeting, if you plan to eat hamburgers throughout your life and are not a cattle producer, should you wish for a higher or a lower prices for beef? Likewise, if you are going to buy a car from time to time but are not an auto manufacturer, should you prefer higher or lower car prices? What's your answer? It's pretty obvious, isn't it? As a consumer, we want lower prices so that we have more cost savings. Now here comes the final exam. If you expect to be a net saver during the next five years, should you hope for a higher or lower stock prices? Most people will hope for a higher stock price but to Warren Buffet, this is very strange. If you intend to be a long-term net buyer of stocks, shouldn't we be happier when the stock prices are depressed? Because this is when the market is giving us great opportunities to buy wonderful businesses at good prices. In fact, Warren Buffet said they gained tremendously from the low prices back in 1970s and 1980s when the stock market crashed over 40% before rebounding over the next five years. And since then, the market has gone up more than 18,000%. This means your $10,000 invested in the S&P 500 back then will give you a $1.8 million portfolio today. No wonder Warren Buffet can accumulate so much wealth over the years because it's his willingness to invest for the long-term and buy when the market gives him the opportunities. So let's go back to the first question that I asked you during the beginning of the video. Should you be selling or should you be buying right now? For me, I will continue to buy in these bear markets so that I can profit in the long run. And if you are not sure what stock to buy, the best way to get started investing is to buy the S&P 500, which is an index fund that has historically given investors over 10% return every single year. And if you know how to do options, you can even use this to generate additional income while buying the stocks at the price that you want. And I will show you how you can do it by logging into my brokerage platform. But before that, I would like to give a special thanks to MooMooSG for sponsoring this video. And if you want to get started in your investing journey and wondering which account to open, then do consider MooMoo because it's a very established brokerage that allows you to invest in diversified markets including US, Hong Kong, China, Singapore and more. Most importantly, it's also regulated by MAS, Monetary Authority of Singapore. Right now, if you open your account via my link below and find $2,700 Singapore dollars or more inside, you will even get free shares as a welcome gift as well as my own private portfolio watch list to help you to get started your investing journey. All you need to do is to fill out this Google form and notify me once you sign up and funded your account. And I will send you my portfolio watch list within a week. To collect passive income while wanting to buy S&P 500, all you need to do is to sell a put option. For example, if you want to buy S&P 500 at $405 a share, you can sell the put option at that strike price and because you are making a promise to want to buy 100 shares of S&P 500 at $405, and in return you will earn $650 worth of premium in 14 days. So the capital that you need to execute this trade safely is $40,500. And to calculate your return on investment on this option trade, use $650 divided by $40,500 that will give you more than 1.6% in just about two weeks. And if you rinse and repeat this BOSS option strategy, that's how you can potentially collect passive income every single month in the stock market by the way. Right now, Moomoo is even offering 3 months free in-depth options data to my followers. It also comes with one free option kit which includes one month free options commission, options learning courses, and options paper trading for you to get started. All you need to do is to open your account via my link below to get all these free option bonuses and a free share including Apple. Options are super powerful but I don't have time to go through step by step. If you want to learn more, all you need to do is to register for our next level options masterclass and you will learn 3 options strategies for you to profit in different market conditions. Just click on the link below and register for your free spot. Please also note that this video is for educational purposes. The stock that I share in this video is not a buy or a sell recommendation. Make sure you do your due diligence before making any investment decision so that you can become an independent investor. Lastly, if you want to stay up to date with my investment insights, then do join my telegram channel because I post constant updates over there. With that, happy investing and I will see you in the next video. Mata ne!