Hold or Sell During Global Financial Crises?
We all watched the meltdown of the financial markets. Shares plunged last week as investors dumped stocks after massive losses on Wall Street and other major stock exchanges around the world. Some Stock Exchanges have been suspended from trading after stocks tumbled double digit percentages a few minutes after opening.
In these uncertain times, what would you do with your shares, if you are holding any? Some economists suggested to hold to companies that produce "real value" and are not dependant on speculations, such as some financial instituitons or banks. Sowftware company will continute to develop software packages, factories will continue produce goods, etc.
Will you hold to your shares or sell them?
What are your suggestions to get out of this crises?
Looking forward to your thoughts :-)