Personal Finance
3 Warren Buffett Quotes To Keep Us Sane During the Current Stock Market Crash
By Seedly  •  March 17, 2020

Singapore’s Straits Times Index is falling off a cliff.

The bellwether of Singapore-listed stocks is already in the bear market region, after plummeting around 24% since its 2020 peak to 2,500 at the time of writing.

Things could get worse before they get better.

Amid all the doom-and-gloom, here are three quotes from Warren Buffett to help us during the stock market meltdown.

Focus on the Long-Term

During the depths of the Great Financial Crisis back in October 2008, Warren Buffett explained the need to look at the long term in an op-ed for The New York Times entitled, Buy American. I Am. (emphasis is mine):

Over the long term, the stock market news will be good. In the 20th century, the United States endured two world wars and other traumatic and expensive military conflicts; the Depression; a dozen or so recessions and financial panics; oil shocks; a flu epidemic;

...
Read the full article
By Seedly
Launched in 2016, Seedly helps users make smarter financial decisions with its budgeting app which allows its 40,000 users to sync up their financial accounts and better manage their cash-flow. Last year, we introduced a new community feature which allows users to crowdsource knowledge from peers before making a financial decision.
LEAVE A COMMENT
LEAVE A COMMENT

Your email address will not be published.

*

Your Email Address will not be published
*

Read More Articles
More from thefinance