| • Keep smiling |
| • The golden rules of stock investing |
| • Stocks to beat the market |
| • Conquering volatility |
"Be fearful when others are greedy and be greedy only when others are fearful," said Warren Buffett. But when you've parked a good portion of your income in the stock market and you wake up to headlines like "Blood on the bourses", fearful is not the right word. You panic. Panic, the dictionary tells us, is a sudden fear that dominates or replaces thinking. And not thinking, or thinking with your feet, is the last thing you should do when the markets crash.
The Sensex has crashed by over 1,400 points, wiping out over Rs 6,60,000 crore of shareholder wealth. The movement of the key indices has managed to fox even savvy investors, leaving newcomers totally at a loss.
But take heart. Fundamentals are still strong; technical and systemic reasons are largely responsible for the crash. Regardless of the market's gyrations, it still makes sense to invest in stocks — as long as the stocks are chosen with care, you can rest easy.
The bottomline is that despite its dramatic movements, you have little to fear from the markets if you stick to a strategy that will keep your portfolio steady. This is what we've been saying in several of our past issues. Take a look.
