Stay calm; think through your choices in a falling market
A stock-market drop can be a great opportunity to buy shares, but this makes sense only if they are shares in good companies
IF MAKING money was easy, we would all be rich. That is how the saying goes. But making money can be easy – especially if we have the patience to allow our investments to grow, mature and reward us in the process.
I am an unashamed long-term investor. I do not believe that there are any get-rich-quick schemes in the financial markets. At least there aren’t any that I can think of that are legal.
Some traders might think differently. They believe that they can jump in and out of shares and make a quick turn in the process. But investors who think that they can make a quick buck on the stock markets are often bitterly disappointed.
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