When to buy stocks in a market crash
To be a successful investor, what matters most is a calm mind and a simple plan you can put to work despite volatility
IT’S a great feeling to have cash when the stock market is down. After all, who wouldn’t want to pick up stocks when they are cheaper?
In fact, some may say it makes sense to always keep some money on the sidelines, ready to deploy when the opportunity arises. Others, however, will point out that waiting for stocks to fall is akin to trying to time the market, an unwise thing to do.
So, who is right? Clearly, a case can be made for both sides of the argument. Investors, though, may want to look at the bigger picture before deciding what they want to do.
TRENDING NOW
‘I felt like dying’: Thai Singha beer scion speaks up after disclosure of alleged sexual abuse
CDL, Hong Realty outbid 3 other bidders with S$542.4 million offer at S$1,865 psf ppr for Peck Hay plot
Evergrande’s liquidation prompts some PwC partners to shield assets, contemplate divorce
Private equity giant Carlyle can grow bigger but needs to stay on its toes: co-founder David Rubenstein