Stock market for beginners
What should I do now? The uptrend seems to have run out of steam for the time being. The disappointments are just as much a part of the process as the victories.
"Don't Let Fear Disrupt Your Investing." Indeed, the best advice for most investors is to coolly assess your portfolio and financial goals — and, above all else, avoid knee-jerk responses that you might regret later. 'Panic is not a strategy,’ “People should make sure they have well-thought-out investment plans.
There’s a rule of thumb or two about investing. One of those guidelines says that any money you will need within the next two to five years (give or take a year or so) should not be invested. There is something else to consider: your risk tolerance. “Can you still sleep at night after putting your valuable money into the market?” about How well are you sleeping these days? Does concern over how to save or invest your money keep you up at night?
Pick yourself up, quickly take a positive step, and know that you’re closer to reaching your goal than you’ve ever been before. Downturn in the stock market may provide investors with a good margin of safety to buy stocks at depressed levels and ride them up to big gains. Successful investment strategies require an understanding of the forces of stock market nature, and disciplined rules of portfolio management
Take care and all the best!
Asoka Samarakone