Dear readers, ever since the southing of the stock markets last month, the stocks markets worldwide have staged a rebound. Just take a look at the US stocks markets yesterday, the three major US indices, DJIA, S&P 500 and NASDAQ each staged a rebound of respectively 1.40%, 2.07% and 3.03%.
From the southing of the stock markets to a recent rebound, I know some investors are confused and ask “What to do next?” And the reality is that when some investors note the rally, they jump into the action, only to find that investors then sell right after they have bought the stocks.
And that is why in SG Stocks Investing, I have always advocated for all investors to have one firm view or position, if you may on the stock markets. Do not waver your position on every up and down of the stock markets. Set a firm position on the stock markets and align your investing strategy to it.
As you may have known, my position is that there will be a next stock markets correction, of scale similar or even worse than the previous stock markets meltdown in year 2009. And my aligning investing strategy is to invest at the bottoms of the stock market corrections, to buy good stocks at discount prices.