YOUR MONEY
SIMON BROWN: When the chips are down ...
Is a disaster always what it seems to be? That depends; and asking two questions may help bring clarity when shares you own suddenly plummet
06 February 2025 - 05:00
We buy stocks in the expectation they’ll go higher and pay dividends, and that we will make money. But sometimes they just drift along or head lower. Nasty. But that leaves us time to decide on a new plan, if any. Not all stocks go up immediately after we buy and many need time to really deliver inflation-beating returns.
But sometimes disaster strikes, and here we don’t have a lot of time to process information...
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