For the past week, markets have been trending downwards. In terms of macro economics, Singapore’s economy has just narrowly missed being in a technical recession, while Japan’s economy has fallen back into a recession again (read here). And for the coming weeks, market could well trend lower. Well, I will probably think more about prices (eg. valuation) when I have a bigger war-chest. However, every time the market tanks, there is always this instinct to ‘flee’, to just sell and go away… Nevertheless, I think the true focus should be on the earnings and business narratives, not the stock prices. I was reading the Motley Fools’ article:

Never Look Back When Investing (read here)

I do agree that one needs to be forward looking when it comes to investing. Whether the market did well or not, one must always think ahead (sometimes by studying the history – history may ......