It may take nerves of steel, but some investment pros are already telling their clients to start buying shares.'We encourage investors to use this correction as a buying opportunity,' say experts.
Fund managers have been licking their lips at the prospect of picking up some tasty bargains.
First of all, do research on the company you trying to buy shares of stock.
When you buy shares of stock, don't buy all in once, try to buy in sequence. If you have faith in the company but the price is keep dropping, buy more! if it keeps dropping and you lose 10% of the value, get out and take your loss.
It's always good to hold a stock long term unless there is a serious problem with the company. Although, you might get a lot of profit by buying stocks before their earning, but you can also lose much money if the report is not great.
Never get into over stocks if you already miss the boat.
Don't be greedy, once you think you reach your goal, sell it. Remember that Sheep get sheered; Pigs get fat; but Hogs get slaughtered.
