After six great years many small investors have, seemingly, forgot that share prices do not only go up.
The panic is palpable. But is it realistic?
The Money Show’s Bruce Whitfield interviewed Warren Ingram, Financial Advisor at Galileo Capital.
Ingram shared some thoughts that help put the recent stock market correction into context.
Scroll down to listen to the audio for more detail.
The Chinese economy is not shrinking. It’s merely growing at five or so percent, instead of 10, but from a much higher base.— Warren Ingram, Galileo Capital Financial Advisor
This will pass. If you move to cash what you’re saying is that Absa and Standard Bank are never going to make a profit again. But then where are you going to put your cash?— Warren Ingram, Galileo Capital Financial Advisor
This article first appeared on 702 : Shares prices are down, but how bad are things really? We put it all in context…