Market crash on Dubai’s debts! So what?

Markets crashed across the world on news of Dubai’s debt default, so in India! What should I do? Sell all my shares? This is the market, they will react first, then think! But in the long run, average will be reasonable! What I should do. Should I act according to the general sentiments of the market? Or should I be rational? What a rational investor should do is look in to  his holding. Is fundamentals of any of your companies going to be affected with the news either directly or indirectly? If so to what extend? Then consider if you really need to take any action.

What am I going to do next week? I don’t find anything to sell from my holding. Rather I would buy Blue Star, India’s largest central air conditioning company!

4 thoughts on “Market crash on Dubai’s debts! So what?”

  1. Pingback: Musthafa Valappil
  2. Pingback: Drops Savings

Leave a Reply

Your email address will not be published. Required fields are marked *