Merry Christmas !
Posted on 24. Dec, 2011 by TheFreeInvestor in General
Merry Christmas everyone !
It has been a wild year for individual stock investors. Especially for last 2 quarters, the entire markets has been moving in lock-step in response to macro news — European sovereign crisis being the latest market mover. With all the volatility and heartburn through out the year, the S&P is hovering near the same level as it was at the beginning of the year. If someone went under a rock at the beginning of the year and came out of hibernation today, he/she will notice that nothing has changed at the index levels ! In long term, I continue to believe, the business fundamentals will drive the stock price of companies. So, yes, volatility may continue till dust settles in the Euro drama. But, if you are investing for long term then the volatility may be an opportunity to pick up some of the great company stocks at bargain basement prices.
Enjoy the holiday season !