Dear Friends,
At the time of facing extreme uncertainty in the markets, all our investment/trading decisions have to be taken so cautiously to gain the momentum grip in the market.
The Trump statements creates the market movement so violently ever since the US-Iran-Israel war.
As of now, Trump has withheld his threat to attack Iran tonight.
So we could see some violent green move in the global market.
So as we could see various fin-fluencers are outnumbered in various social media networks, offering various tips, informations and recommendations.
At this time, I could remember a learning of Joseph Kennedy's market decision.
I studied this long back.
Joseph Kennedy was John Kennedy's father. In 1929, the US stock market had reached an unprecedented high.
Correctly predicting a market crash, Joseph Kennedy sold all the stocks he held.
The stock market subsequently plunged by 80%. By buying back stocks at low prices, the Kennedy family became multi-millionaires.
When asked, "How did you know the market would crash?"
Kennedy replied, "A street-side shoe shiner enthusiastically gave me stock tips. I knew right then that the market was about to crash, so I sold my stocks."
In modern times, if everyone is excitedly posting about stocks on Facebook, it implies the market is about to crash.
Currently, no one seems to be talking about stocks; this implies the market is in a slump.
Therefore, it is a good time to keep buying index stocks.
However, people won't buy now; they are fearful when prices are low
They will buy with enthusiasm only after prices have risen.
Have a great time in the markets!