What to do in a market crash?
Well first of all CELEBRATE.
As a value investor especially during the bull runs, I have been waiting patiently for a crash together with my other fellow investors.
Having seen the 1997, 2008 crashes and kicked myself silly for not investing. I subsequently loaded up on minor drips along the way. No regrets. Definately during this drip I will fire in more. However please fire in sensibly and never bet the house.
Secondly, I will also review the valuations of quality companies and re look at my strategy which is to invest in undervalued quality companies that have a wide moat. I will also be moreprudent in my spending to load up on my dry powder. I have also been investing in indexes like $S&P 500(.SPX)$.
Finally, I will take lessons during this ride. What did I do right? What did I do wrong? What will I do if it repeats again? A fool is a fool, because he repeats his mistakes. I definately don't want to repeat mine.
What would you do? Keen to learn from you.
Meanwhile, we live in interesting times when the USD, EUD, GBP are almost all equivalent.
[Surprised]
@TigerStars@CaptainTiger@MillionaireTiger
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