The best strategy is to go for a holiday and let the market cool off.
When things have settled down, you may commence to do some bargain hunting.
Ref: Making Mistakes in the Stock Market by Wong Yee
Keep INVESTING Simple and Safe (KISS) ****Investment Philosophy, Strategy and various Valuation Methods**** The same forces that bring risk into investing in the stock market also make possible the large gains many investors enjoy. It’s true that the fluctuations in the market make for losses as well as gains but if you have a proven strategy and stick with it over the long term you will be a winner!****Warren Buffett: Rule No. 1 - Never lose money. Rule No. 2 - Never forget Rule No. 1.
Wednesday 22 October 2008
What should I do in a bear market situation?
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