A lot of “long-term investors” who sold their shares when the market was down due to several factors have asked me this question, “Did I make the right decision?”
In contrast, when the stock market was setting record-highs earlier this year, everybody seemed to be stock market experts — not thinking twice about their decisions.
Now, regardless of the market situation, every decision should be made with prudent judgment. A lot of “long-term investors” found themselves confused whether to sell and cut losses or to buy and take advantage of the low prices.
The SM Situation
Remember what happened in SM Mall of Asia last September 16? A part of its ceiling collapsed and an 11-year old boy got injured. [Read more…]