In fact, the stock markets have always recovered months before the real economies hit the bottom.
A sensible approach is needed, coupled with great mental and emotional strength to overcome the fear of loss in such instances.
While it is silly to buy simply because markets are falling, sticking to fundamentals does work. Buy in anticipation of future re-growth at reasonable prices and persevere through possible set-backs – this is likely to succeed over the longer term.
If you have what it takes, I would suggest a regular drip into the market.
For example, if you have RM100,000, divide it into 10 lots of RM10,000 and then invest each lot into the market monthly. As you ride the market down, you can be assured that you are buying cheaper.
Of course, the best outcome is that, in the course of such regular investing, you manage to “catch” the bottom.
As I always believe, if you get value for your money, then you don’t have to worry about whether it’s cheap or expensive.
1 comment:
I like these stataments :-
In fact, the stock markets have always recovered months before the real economies hit the bottom.
A sensible approach is needed, coupled with great mental and emotional strength to overcome the fear of loss in such instances.
While it is silly to buy simply because markets are falling, sticking to fundamentals does work. Buy in anticipation of future re-growth at reasonable prices and persevere through possible set-backs – this is likely to succeed over the longer term.
If you have what it takes, I would suggest a regular drip into the market.
For example, if you have RM100,000, divide it into 10 lots of RM10,000 and then invest each lot into the market monthly. As you ride the market down, you can be assured that you are buying cheaper.
Of course, the best outcome is that, in the course of such regular investing, you manage to “catch” the bottom.
As I always believe, if you get value for your money, then you don’t have to worry about whether it’s cheap or expensive.
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