Investors who purchased at the height of the rally for frothy products are either panicking or kicking themselves. Neither operation makes it possible for an investor or trader to think straight. Here are a few tips for coping with the latest shakeout of the industry.
1. Additional Shares
If you think you’ve invested in the right stock(s), then turn your device off and do something fun. A great stress relief is an exercise. The market has started its shakeout already. If you have not been stopped or failed to make earlier stops, your best chance is to pick up additional shares at a much lower price. Most of the experts said that sometime between late July and Labor Day, the next rally should start. You should call back in a couple of months. That’s a helpful clue that the markets were less than exciting.