Following the crowd in the stock market can lead to disaster if you're not careful. Panic buying or selling can push stock prices beyond reason.
If you have at least three to five years before you will need to begin cashing in your holdings (at or near retirement), you may be able to ride out an extended economic downturn. However, if you do your homework, you'll find bargains in down markets that may reward you handsomely in the future.
Also Read - Hidden Gems 2014 & 2015 Performance Update
News were floating on leading business TV channels and newspapers that stock market may repeat history of 2008 going through severe downfall in major indices. However, we do not agree with such views simply because valuations are not at all expensive like that of 2008 (based on PE multiple) and markets are not at peak like that of Jan 2008. Moreover, we expect overall economy to do well in 2nd half of next financial year with better corporate earnings. We continue to suggest our members to avoid timing the markets and look for bargains during ongoing market correction.
If you have patience and want to add extra power in your portfolio, start investing some portion of your savings in fundamentally strong small and mid cap companies - Hidden Gems & Value Picks.
The stocks we reveal through Hidden Gems & Value Picks are companies that either under-researched or not covered by other stock brokers and research firms. We keep on updating our members on our past recommendation suggesting them whether to hold / buy or sell stocks on the basis of company's performance and future outlook.
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