Is it okay to be scared during this bear market? Of course, yes.
But is it the time to sell your bags during this phase? DEFINITELY NOT.
That's one of the common mistakes of newbie investors. They buy when everything is going up and sell when the asset's prices is going down. Remember, the goal is to buy LOW and sell HIGH, not the other way around.
💲Peso Smart PH is a channel that aims to educate Filipinos on how to handle their money better, invest in the stock market, take advantage of compound interest and discuss all things personal finance. I'm an avid fan of Warren Buffet, Mark Cuban, Gary Vaynerchuk, Robert Kiyosaki, Og Mandino and Tony Robbins. I wanted to share this journey with you guys to broaden my understanding and knowledge in the world of investing, money and wealth.
📃 Disclaimer: I'm not a financial advisor and I simply share my experiences and knowledge in the Philippine stock market. All my content are made for educational and informational purposes only and should not be deemed as financial advice. Trading stocks, cryptocurrencies and ETFs poses a risk of loss.
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