2020 only just started. But for many stock investors, it may seem like an eternity. Just 3 days into the new year, a dreaded piece of news greeted the markets.
The United States assassinated a top Iranian General sparking fears of an all-out-war between the two countries.
That sent the global stock markets tumbling sharply momentarily. And just when markets looked set to recover, the Wuhan coronavirus that was first reported in December 2019 showed rapid signs of spreading in China and beyond.
This invoked memories of SARs in 2003, spooking the markets and setting off another wave of selling towards the end of the month.
Market Timing Does Not Work
I know I sounded all doom and gloom. But as far as the markets are concerned, are these anything out of the extraordinary? No.
But if such market moves unsettles you and makes you lose sleep, you are not alone. For those who holds the majority of their investments in stocks, this is a natural reaction....