One of my friend said the stock market will experience another sharp decrease this Monday. He didn't mention the reason why but he said a lot of media predicted it...
He said the impact would be felt the most in Asian market... Well if it's a serious problem then it might impact Australian market too with no doubt...
I still have stocks now but I didn't follow the news lately as I didn't want to feel depressed about it and wanted to focus on other things... but I normally check my portfolio on daily basis..
I remember one day almost all of stocks had green change (i.e. they all increase in value) as well as my mutual fund... but lately I also feel that all of them started to decrease again...
I didn't pay much attention until I chat with this friend who always monitors JSX (Jakarta Stock Exchange) movement..
Anyone knows about this? I don't think I would do anything about my stock as I believe the stock market will rise in long term... yes, i may lose some opportunity as I could have earned more money when I deposit them in the bank...but as long as I don't lose money (not considering the risk-free rate that I could've earned) :|
But I just want to know more without reading the news that I am behind :/
Saturday, October 20, 2007
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