The IDX went down 7% last week in just couple days of trading, but it soon bounced yet not to the same level as it was. Some bluechip companies went down and dragged the whole index down. Well, actually it might be a good starting time if anyone wants to start investing in Indonesian stocks. But we MUST do our homework of analyzing the financials and ratios and news before we proceed with any decision.
Warren Buffett once said "Be greedy when everyone is afraid, and be afraid when everyone is greedy."
The most fundamental principle of stock investing is buy low and sell high. But, it is not easy to overcome human nature of fearing a deteriorating stock and excited of buying a skyrocketing stock. But hey Buffett's portfolio speaks for itself. So happy investing!
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