Sociable

Sunday, October 26, 2008

Financial Crisis 2008

Due to recent Financial Crisis, I have been hearing lots of people saying the market is bad and not the right time to invest. I feel its right and wrong to say that.

If its not the right time to invest in a sound and stable company at a discount price then when will be the correct time? Of course, if the market is in the down trend you will hold and stop buying. Once the downtrend is slow down, you can start to buy bit by bit and not throw all the cash you have, thinking its at the bottom price.

Why I feel it right not to invest at this moment is because most people will buy based purely on the price and not study the fundamental of the company. Once they feel the price is low, they just buy with all the cash they have. No one in the world can predict or tell you when is the price at the bottom.

My advise is to invest with you knowledge and not based purely on the price. If you do so, then you will not have to worry when the price drop.

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