Dear readers, the US stocks markets declined sharply yesterday.
Dow Jones was down 1.91%
S&P 500 declined 2.14%
NASDAQ Composite retreated 2.55%
Without a doubt, the Singapore stock markets should be closing in the red for today’s session.
Whenever the US stock markets declined in the magnitude like yesterday, I believe investors’ confidence is shaken.
But I believe if you, as an investor have a long term plan in investing, then such market volatilities will be considered as part of what is to be expected in long-term investing.
There will be ample opportunities when the stock markets correct in the magnitude last seen during the 2008/2009 financial corrections.
Do continue to Save up on your investment warchest if you intend to take opportunities during the next stock markets corrections. In the meantime, if you would like to invest, you can consider nibbling a little at every fall of the stock markets.