I know we worry about myriad of issues concerning stocks market because it affects our portfolio value day in day out. Our heartbeat increase when we look at the news headlines about “ trade war “ , “Interest rate increase “ , “ EM slow down” , “US Mid-term election” , “Sanction on Iran “ etc..
But should we press our panic button to “ buy or sell” every time we saw these news headlines which cause the market to fluctuate up and down ?
Read this before you make a hasty act on trading your stocks base on “ News Headlines “.
Buy American. I Am. By WARREN E. BUFFETTOCT. 16, 2008
“A little history here: During the Depression, the Dow hit its low, 41, on July 8, 1932. Economic conditions, though, kept deteriorating until Franklin D. Roosevelt took office in March 1933. By that time, the market had already advanced 30 percent. Or think back to the early days of World War II, when things were going badly for the United States in …