BUY the bears!
how do you grow the courage to invest in a bear market?
if you have the "conviction" that a company is doing well (business is growing, customers are growing, earnings are growing), then the bear market is a good time to buy more shares of the company at a cheaper price.
this is what happens when the potato chips you like goes on sale at the supermarket. whether they have excess inventory and are nearing expiry or they are running a promotion does not bother you, you just load them up in your trolleys/baskets, bring them to the cashiers and carry them home~!
even if you have not tried them before, you may still get 1 or 2 packets at the sale to check out if they are nice, and come back for more if you like them.. or you'll have to wait till the next time they go on sale..
so it is important to develop your own "conviction" about the company... and let these tasty potato chips linger in your memories, so you will know what to do at the next sale (read: bear) event..
all the best to your investments whether it be a bull or a bear market..
if you have the "conviction" that a company is doing well (business is growing, customers are growing, earnings are growing), then the bear market is a good time to buy more shares of the company at a cheaper price.
this is what happens when the potato chips you like goes on sale at the supermarket. whether they have excess inventory and are nearing expiry or they are running a promotion does not bother you, you just load them up in your trolleys/baskets, bring them to the cashiers and carry them home~!
even if you have not tried them before, you may still get 1 or 2 packets at the sale to check out if they are nice, and come back for more if you like them.. or you'll have to wait till the next time they go on sale..
so it is important to develop your own "conviction" about the company... and let these tasty potato chips linger in your memories, so you will know what to do at the next sale (read: bear) event..
all the best to your investments whether it be a bull or a bear market..
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doctorpot1 : agreed and on the potato chip analogy, just nice saw potato chip promo at NTUC brought them back home to enjoy
snoopy123 OP doctorpot1 : woah... new flavors.. got free cookies some more... what's your verdict?
doctorpot1 snoopy123 OP : cookie is nice cause tried before, if without the jam in the middle, I think is better than oreo the potato chip haven't tried, wait for green day then eat for celebration