I could sense some form of excitement amongst my fellow financial bloggers and facebook group of friends. Today, the Shanghai and HSI market plunged rather badly, providing contagion to its nearby market Nikkei as well as STI and the rest of the Asian market. The feeling of "correction is finally here" has risen amongst the more seasoned investors, but there are some who feel trapped and scared, perhaps given their lack of experience investing in the market, either through herd investing or investing at the peak of the share price.
I think it's probably a good time to look back at some of the recent posts I made in relation to what investors should be doing during a market downturn. This doesn't take away the emotional fear which investors would naturally possess, but rather a clarity on what investors should expect during a market correction.
The Firefighter Gene Way Of ......