Strangely, you do not find many reassurances from economists, regulators, and business management schools on the stock market crash. Is this not when we all want to escape the Lehmann debris?
My advice for today is to buy bargain stocks, Forget about the crash because it is not controllable in your individual hands. Do not fret about where the bottom is. No one can know for sure. Focus on dividend records. Pick stocks that have histories of steady dividends, and buy the ones with the best Forward P/E Ratios.
You might lose notionally in the short-term with such an approach, but the chances of handsome gains in the long-term are bright.
Post below or write to drsbanerji@gmail.com if you would like recommendations on individual stocks. I specialize in North American stock markets.
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