I am not too concerned or worried. There is a potential game plan for every kind of market. If share prices drop, good opportunity for me to pick up good stocks at good prices.
Most importantly is investment horizon. If sufficiently long and investing in a good company whose fundamentals are unchanged by the macro factors, this presents as a good opportunity to pick up good stocks.
Do as advised by Warren Buffett, to be greedy when others are fearful. For investors, it'snot about timing the market but time in the market! At the same time, you can be like Warren Buffett, to buy good companies at good valuations and to hold them for a long period! Putting good many of his wise advice in one shot!
By the way, I am still waiting for apple.... to drop....
If you do anticipate a recession or crash, can consider building up your war chest now to deploy later. Just make sure when the stock prices truly crash, you are able to stick to the original game plan and not sit out out of fear! In the meantime, if good stocks meet your target prices, can consider buying small amounts just in case that anticipated crash doesn't happen! And you never know when itwill happen. Don't miss out on any chances to capitalise on any rally that might happen while you are still sitting out!
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