I have only recently started investing in the stock market thinking it was a pretty good time to since the stocks I liked were down. I went and bought them thinking that the market would come around and not panic and go back on course to fundamentals. With most of my picks getting hammered, like the FMD i bought at $39 and $35 now only $26, or TZOO I bought at $21 now only $15, should I sell and cut my losses? But I know that these are real good companies with strong businesses making me want to buy more of these stocks actually, unless they keep falling..
I?m a college student/entrepreneur from the Philippines looking to grow my moneyand thought of trying the stock market because I?ve read in so many books and articles that if I start now, I could take advantage of the power of compounding, so I did.:) Also being a lone investor here in Philippines, I don?t have anyone to consult with or ask advice from. And I?m not convinced enough yet to invest in local public companies. Thank you!
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