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Wall-Street » 10 important don’ts in...

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10 important don’ts in post-recession planning

Lucia Maxim, 19 Nov 2009
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Almost a year since the onset of the stock market crisis, investors and brokers have learned some valuable lessons. Wall-Street has interviewed stock market specialists and compiled a list of top 10 mistakes to which investors can fall victim in post-recession planning.

Slide 1 / 10
 
  • # 10 Don’t think approach is more important than reality
  • #9 Don’t take an idealistic approach to crisis
  • #8 Don’t take a distant twist
  • #7 Don’t rely on the market’s capacity to rebound
  • #6 Don’t get emotional about your investments
  • #5 Don’t invest on your own without knowing the market
  • #4. Don’t put your eggs in one basket
  • #3 Don’t trade on tips or news
  • #2 Don’t take a “Buy and Hold” approach
  • #1 Don’t think that stock market is an Eldorado
 

# 10 Don’t think approach is more important than reality

# 10 Don’t think approach is more important than reality
This mistake must be avoided not only in post-recession planning but anytime, says Nicolae Ghergus, managing director at Confident Invest.

“The fact that second-string elements on a scale of micro to macro influences, turn positive in case of a company, doesn’t mean that as long as management’s approach to market and economy doesn’t change, it will have an impact on the share price”, said the manager of Confident.

He gives the example of Dinu Patriciu who became a magnet of mistrust due to his neutral approach to the future performance of the market or local investors’ great indignation over Standard&Poor’s and Fitch’s country rating-cutting actions on major economic imbalances and sharp decline in international capital flow.

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Article comments "10 important don’ts in post-recession planning"

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