With all these drama in the market, there was one big lesson I learnt from Brexit. Shut out the noise. Look at a quick search I made on ‘Brexit’, and you’ll see fear painted all over the internet with headlines that would easily scare investors out of their rational minds. To the untrained eyes, all they see is fear and losses. The trained sees the opportunities in crises.
While the news portrayed a very negative image of the stock markets, the results were not as devastating despite being “the worst one day drop ever”. Yet despite all of these, look at how the STI reacted:
As though nothing even happened. Investors call themselves long-term, yet when they look at the stock market charts, they look with a 1-year, 3-year, 5-year horizon. Some become crippled with fear while others are left with indecision. Rather than focus our efforts on trying to ......