With the share prices retreat across the board over the past months, particularly in August, I have experienced mixed feelings. I felt worry staring at the increasing red figures in my portfolio, but at the same time happy that there are opportunities for bargain picking of great businesses at cheaper prices.
As I remind myself of my investment objective to invest for income, I think below are some of the things that can help to keep me on track.
1. Keep a watch-list of stocks to accumulate/add
2. Accumulate war-chest
3. Avoid frequent price monitoring
As the current market sentiments show no signs of stabilization yet, I will keep calm, smile and collect my dividends. Be ready for this opportunity to average down my entry prices. Akan dating.