From what Ive been reading it is best to stay out of the market for the next 6 months or so.
I think the best policy is to ignore media speculation on stockmarket direction altogether, most of it is rubbish.
The trick is to distinguish between media speculation and media analysis. Dont think the latter should be ignored.
If you like the company and the price - buy it.
Well we have had a correction yesterday. However I think it is not just a blip but the start of something bigger. Yes there is now also a bit of a rebound going on but the fright has now set in. From my reading the japanese yen rose in value yesterday and this is the key to the situation. Speculators are borrowing in yen because it is so cheap to invest in stocks all over the world. Yesterday was the start of the reversal in this which is why the yen rose in value.
Just to add - it's probably wrong to say stock market movements are "irrelevant" they in fact create opportunities. Be a buyer of dips not a chaser of blips as they say.
Exactly - weeks like this one just bring more companies into a price range where they could be interesting to buy ... although as always I would prefer if there were more opportunities created!
If you're an investor, it's probably time to start looking at defensive stocks i.e. Healthcare & consumables.
Investment banks are beginning to recommend this as they're expecting volatility in the markets this year & next.
there are some great blue chip solid companies that have have dipped this week..the dip presents great discounts/better value for investors
once you are buying a company with a relatively low pe, good growth, a boot of cash and a good positive balance sheet history...you shouldnt have to worry too much about the economy etc...this was the basis of ben grahams success and warren buffet...
look on the dip at the moment as a spring 'sale'...