Why I’m Ignoring the Stock Market Downturn ......
I did not buy much stocks during these past few weeks or months. In fact, I have been spending more time with my family and work during this period.
After seeing the price drop in August / September 2015, I aim to buy at a lower level for those stocks which I have in mind. In addition, the prices of these stocks should fall below my calculated intrinsic values.
My paper loss is made complicated by the recent bonus shares issuance by Riverstone Holdings Limited. There was a abrupt ‘plunge’ in its share price on Thursday (21 Jan 2016). Till today, the abrupt paper loss is still reflected in my brokerage account. I checked with the remisier and was informed that I would be notified of the bonus shares via a notification from the CDP. So I will keep a lookout for it.
