Guys, i know what most of you are feeling....like shares will continue to sink forever so you are afraid to buy, right?
Well, fear not. Let's not forget the NSE 20 is at 3,500 points. 3,500! The NSE 20 was at 5400 less than 2 years ago, lets not forget that. In the previous bear market of 2011 it hit a low of about 3100. In 2008/9 it hit about 2800. If this is not the bottom it's not very far. It may take long it terms of time but in terms of further sinking we can't expect say another 50% drop.
But buying has to be selective. Take the leap of faith and buy your undervalued stocks.
The only time this feeling will go away is when it's clear to everyone that we found a bottom a while back and by then it might be too late or u will have missed some good low entry points.
#bear survival tactics
The investor's chief problem - and even his worst enemy - is likely to be himself