Not all is lost

It is kind of scary to look at the share price nowadays. If you bother to look at your share holding everyday, it is emotional challenging to look at the paper lost that you have right now. The stock once being a darling is fallen hard everyday.

But not all is lost, if you still hold till now, there is no strong reason for you to let go. Unless you found a better opportunity. The bear is surprisingly long, but bear in mind that on long term, the economy is growing. Stock price would trend upwards. Now is only the speed bump. Once we get over the crisis, market should stage a great rebound.

We saw many earning downgrade and true enough, some companies did suffer from the credit crunch and high inflation. But without going through the bear to correct the excess, we risk another dot com bubble burst. So, just hang on.

What can be done now is
(1) Hold on tight
(2) Identify great stock selling at fire sales price

Even you are not a great stock picker, go for the big cap/blue chip. The reward should compensate for the nights of sleep that you lost. Look at the company factor and invest with a long term view, as the great stock investors have done, it should be alright.