a must read for stock market investors

Discussion in 'Must-Read Interviews, Articles & News Items' started by jalaj.anand, Mar 30, 2015.

  1. jalaj.anand

    jalaj.anand New Member

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    https://www.stevannoronha.com/three-important-things-about-investing-the-2008-stock-market-crash-taught-me/
     
  2. Meenakshi Razdan

    Meenakshi Razdan Administrator Staff Member Moderator

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    Thanks for sharing. It is very interesting. Some passages I found useful:

    "You should work towards earning real wealth. Once you made a reasonable profits on a stock, sell some and realize the gain. Use it to get your investment back. Or buy something you want or go for the holiday you had planned. Don’t wait for too long or it may be gone in a flash. And this applies not just for mid and small cap stocks but even blue-chip stocks whose value eroded when markets collapsed for no fundamental reason. Markets are not rational in short term so remember to always sell at regular intervals."

    "Don’t hope for a miracle with dead stocks, sell them and move on to something else. And quickly. The more you see or hold on to dead stocks the more it effects your mind negatively. If you have made mistakes accept and move forward."

    "There is always an opportunity when the markets have crashed as it could go only up from there. Yes it’s difficult to know the bottom but when the markets are going down you can start investing in small portions like SIP. But don’t bet heavy though, remember don’t be greedy. But this will surely go a long way to provide handsome returns when the market turns positive. And then don’t forget to sell!"
     
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