|
Investing in a bear market
Investing in a bear market -
Quote:
The sharemarket is firmly in negative territory, but don’t panic. We explain the rules of bear market survival and reveals the sectors that will bounce back fastest.
Are we there yet? It’s a question asked by children on a long holiday drive – and by investors praying for a bottom to the bear market. Both get the same answer: Not yet! Keep quiet. Be patient.
Unfortunately, investors often can’t resist the temptation to dabble in the market, because they think they see a bargain or because they believe they can profit from short-term upticks.
There will be some bargains, but all too often it will be a case of catching a falling knife, with painful results.
... (more)
|
__________________
Sim'
This is a general comment only and does not constitute advice. Before making financial decisions you should seek advice from a professional adviser, who can take into account your specific circumstances and investment goals.
|
