The past 3 weeks have been a very turbulence time for stocks. What should you do then?
Well, I am not sure what you will do, but I for sure am looking for investment opportunities, despite my portfolio being hit.
As Benjamin Graham says:
"The stock owner should not be too concerned with erratic fluctuations in stock prices, since in the short term, the stock market behaves like a voting machine, but in the long term it acts like a weighing machine" (i.e. its true value will in the long run be reflected in its stock price).
It does look like the drop in stock market as a whole has stabilized (as long as Ebola will not spread out of control).
No comments:
Post a Comment