Q: Hi Peter and Team,
My question is about what is the best strategy and behavior during a downturn in the markets?
From my reading of previous answered questions and on other posts on the internet, the advice seems to be, do not sell while the market is dropping. How can one be disciplined enough not to do it? What if one stock in our portfolio is dropping more that the rest during a downturn in the markets? At what point while the market is dropping, should we consider buying more quality stocks?
Thanks again for your good work.
Marvin
My question is about what is the best strategy and behavior during a downturn in the markets?
From my reading of previous answered questions and on other posts on the internet, the advice seems to be, do not sell while the market is dropping. How can one be disciplined enough not to do it? What if one stock in our portfolio is dropping more that the rest during a downturn in the markets? At what point while the market is dropping, should we consider buying more quality stocks?
Thanks again for your good work.
Marvin