How to make the most of a market correction
The best strategy in the stock market is to have a calm mind
[SINGAPORE] The Nasdaq Composite Index slipped into correction territory last Thursday (Mar 6), marking a 10 per cent decline from its recent peak. In theory, this is good news for investors. After all, a market correction allows you to buy stocks at a discount.
But in reality, many will shy away, fearful that share prices will continue to fall.
This raises a key question: Why is there a disconnect between what is rational and actual investor behaviour? Here is a hint: when you are under pressure, even the most familiar tasks can suddenly feel monumental.
TRENDING NOW
CSE Global independent director quits after clashes with chairman Eugene Lai over board refresh
What’s wrong with Orchard Road? Experts weigh in on the street’s cachet and its future
‘I felt like dying’: Thai Singha beer scion speaks up after disclosure of alleged sexual abuse
Rare brutalist Singapore house opens to the public before changing hands