News. April 19 (Bloomberg) -- Asian stocks fell, dragging the MSCI Asia Pacific Index down the most in almost two months, on concern Goldman Sachs Group Inc. faces probes in Britain and Germany after U.S. regulators sued the firm for fraud.
My point. These are sudden events which shock the markets. It is important to have a discipline and following it ... closely.
It is important to always have a strategy to deal with sudden market drops or rallies.
What to do? Were you ready? Should your investment approach be modified? If not, why?
I keep repeating these questions to be ready. Even if at times I look too prudent or too late. But it is my choice and I know how to deal with it.
George Dagnino, PhD
Editor, The Peter Dag Portfolio. Since 1977
Ranked Top Market Timer in 2009 and 2010 by Timer Digest
To find out more about my in depth views of the markets and my strategy just visit our website https://www.peterdag.com/ where you can subscribe to The Peter Dag Portfolio. You can also call me at 1-800-833-2782 to discuss your specific money management needs.
I will be happy to speak to your investment group on how the business cycle impacts investment strategies and the choice of asset classes.
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