Aha, it's been a bit brutal this week.
To be fair it has been a brutal year.
Anyone who is just getting into shares now is one lucky bugger. It may not be the bottom just yet but buying into a number of shares roundabouts now will give you a lower average than anyone that has been holding for a longer period of time. So wait and watch.
It's all a little sickening. In 2009/10 it was hard not to make money. Buy on a red day and odds on it would bounce within a week and you'd be up. More so when approaching news/updates. SOLG/BEM to name two saw several 100%+ rises over a short period. Now though, even on good news all you see is red.
A time to hold? or sell? I won't be selling. I've bought into companies that I believe have solid fundamentals and will be using these drops to top up at some point. A re-rate will occur eventually.
Patience is needed at times like these.