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Still Staying Invested
By Invest For Yourself  •  February 28, 2022
Fear is common and understandable I know of a few people who got so terrified by the recent sharp decline in the US stock market that they decided to sell all their stock investments (apparently) at a loss and keep them as cash. But who can blame them when we saw the value of our investment evaporating away everyday. S&P 500 has declined 11% since the start of this year. Nasdaq was worst. Even the venerable favourites like Tesla, Apple, Amazon, Meta (Facebook previously), Netflix and Google were not spared. Among them, Apple was the best performer and yet it declined 12%. The rest had averaged 35% drop from its peak. These are the favourites that many of us, including me, like to own. I bet we were buying and chasing them previously at prices far beyond the current level. However, given the current climate, i.e. a full-blown war that...
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