Sunday, February 6, 2011

Five things you shouldn't do when stock markets fall

Business Line : Investment World / Young Investor : Five things you shouldn't do when stock markets fall: "As you watched the Sensex zip past 20,000 in October, you told yourself – “I missed this one! But I'll wait for a correction”. Well, the wait is now over. The Sensex has dipped by over 10 per cent since New Year, with some stocks plunging by as much as 20-30 per cent.

What you, as a young investor, should do now is quite clear. You should be putting away some of your savings (in measured doses) into blue-chip stocks or equity mutual funds for the long term. However, that's easier said that done. So we thought we had better tell you what you shouldn't do in a market fall! Don't"

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