POPA ReconPeter Lynch talks about how to deal with stock market declines
Peter Lynch talks about how to deal with stock market declines 1) Decline is normal The market falls by more than 10% approximately once every two years and by more than 25% once every six years. If you can't afford this, don't buy stocks. 2) Use decline as an opportunity When good company stocks fall, it is a chance to buy them cheaper. If the company is doing well, it is beneficial to buy more. 3) Prepare in advance A decline comes at any time. The key is not to try to predict, but to prepare for the usual situation and not panic sell. #Peter Lynch
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