Dear readers, the global stock markets went south last week by a notable margin so much so the Singapore’s Straits Times Index (STI) also went south by more than 2.50% on a day last week. Since then, the global stock markets have regained some ground amidst commentaries that the global stock markets look set to correct with the many factors at play: a new variant of Covid-19, tapering of interest rates hikes, inflation, etc etc.
It is precisely at this juncture that stock markets are volatile and investors are confused with the stock markets movement. It is precisely at this juncture that investment mistakes could be made. For example, some investors may want to rush in to pick up some stocks on the cheap, only to experience a “falling knife” in investment parlance.
It is at this juncture that investors need a robust investment strategy. If investors want to bargain hunt for stocks, investors could set for themselves a target to enter the stock markets, for example when the Straits Times Index went below 3,000.
In a volatile and uncertain stock markets, looking at the stock prices going up and down, emotions will prevail. Do not let emotions affect your investment strategy. An investor should have a solid investing strategy to profit from the stock markets.
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