Worried about your stocks ?
Take a deep breath and ask these questions (I ask some of them and a lot of times the answers I get make me see my mistake)
Are you retiring next year ? If yes, why the hell is that money in the stock market!
Do you understand the business and have confidence in the long term performance of the company ? If not, why did you invest in the first place?
Do you lose sleep from the volatility and quotational loss of your portfolio ? If yes, why are you not in just fixed deposits?
Do you have good health, another source of income and don’t need the money in the next few years ? If yes, then stop watching the financial news and go back to some more productive activities?
As I said in the previous post, I have a consulting service to provide a list of very productive activities to people who watch too much Financial news ! Call me for a free consultation :)
If you think this is new - read this
,this and this. This is almost an annual or a once in two year affair. For the some of you who were wishing for bad times, be careful what you wish for! you may finally get it, so better be ready for it.
Stocks discussed in this post are for educational purpose only and not recommendations to buy or sell. Please contact a certified investment adviser for your investment decisions. Please read disclaimer towards the end of blog.