facebookThe US market (Dow) has plunged more than 11% within 4 trading days. Has anyone panicked and sold their stocks? - Seedly

Advertisement

Anonymous

28 Feb 2020

βˆ™

Stocks

The US market (Dow) has plunged more than 11% within 4 trading days. Has anyone panicked and sold their stocks?

This marks the top 15 weekly declines in history with still one more trading day to go. Many other markets are experiencing similar situations. This has set the fastest correction (10% drop) in history. Is recession coming?

Discussion (3)

What are your thoughts?

Learn how to style your text

Don't panic, stick to your investment strategy and stay the course of execution. During downturns, consider doing Dollar Cost Averaging to help you mitigate losses.

Rais M

28 Feb 2020

Accountant at SME

Warren Buffett says. Be fearful when others are greedy. Be greedy when others are fearful.

While it is scary to see share prices keep dropping. There is nothing to be worried about. In fact, this is actually a good chance to by more stocks as it is due to fear where many people are selling.

Still continue to buy in every month. Just bought some last nite for long term.
If u look at the se...

Write your thoughts

Advertisement