Stocks are going down for a big correction, just breathe, don't look and don't stress out

Once in a while, stocks suffer from a major correction. The industry expects this every 5 years.

If you look at it, the major correction was in 2008, 7 years ago. This correction is 2 years overdue.

My advice: don't look at your portfolio, don't panic, don't stress out and DON'T SELL!

Actually, YOU SHOULD BUY!

You need to know that stocks go up and down. Some "experts" will tell you it's because of China if the market gets depressed. They will tell you that China is on a steep decline. The funny thing is, the same experts said the complete opposite last year. They said China is on a steep climb while the US and Europe was doing bad. Can we trust these experts? No.

But they are the reason of these corrections or crash. They just buy and sell based on some news and they always change their mind! They can't keep a good strategy because buying and selling is what they do. It's part of their job. A financial analyst who doesn't advise to buy and sell is an analyst who doesn't make money. So, for any little reason, they'll buy and sell. Remember they make money each time their client make a transaction...

Do you think the company you invested in like Jollibee, BPI and Ayala are being affected by China or Greece's economic performance? NO! They are not so why are
these stocks going down also? Because people don't know what they are doing or they are very greedy...

Let's be smarter than them. Let's stick to our strategy which is buy and hold for a long time so we can finance our retirement.

Look at your portfolio now, take note of it. Check it one year from now and see the difference. I bet you already forgot this correction because stocks go higher and faster after one.