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clock Created with Sketch. 16/04/25
12:13
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Originally posted by Student:
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Agree. Some people will panic and sell with emotion & little logic. This also presents others with an opportunity to buy at bargain prices .be greedy only when others are fearful . (Source: Investopedia) "It might present a good value investment opportunity when others are fearful. Act greedy when others are fearful and reap enhanced returns under the right set of circumstances. Predictability must be present and short-term events that create the subsequent downgrade in prices must not erode intrinsic value."
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The overall market sentiment seems to be improving, so I "Dollar Averaged" and bought some more this morning. As Warren Buffett once said that it's wise for investors “to be fearful when others are greedy and to be greedy only when others are fearful .
(20min delay)