Dear readers, you would likely know by now that the US stocks markets declined by a large extent yesterday:
Dow Jones: -2.79%
S&P 500: -3.88%
NASDAQ Composite: -4.68%
I am not surprised at all by the performance of the US stocks markets since I have highlighted many times that this year will be a very volatile year for stocks with the increase in interest rates by the US Federal Reserves.
But the downing of NASDAQ by 4.68% is still quite noteworthy to me.
The performance of the stock markets underscored once again for investors to continue to Save now rather than Invest and catch a “falling knife”.
Save and Save to build a warchest to enter into the stock markets, buying off equities on the cheap when many investors are fleeing.
Save for a rainy day as the economy may be getting even more challenging ahead.
That’s it for my insights today. I Thank you once again for your support of SG STOCKS INVESTING, your Money and Lifestyle magazine! Connect with me here to follow the daily exciting and useful posts on these two blogs, Thank You for your support!
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