Time to panic?

It certainly feels like its time to panic as global share indicies crash.  However, panicing, whether in stock markets or natural disasters, is never wise – you get crushed by the stampede.  And those stocks you hold may be cheap now – so do some proper analysis before you liquidate, especially if you’re a long term holder.  Of course anything trading over a PE of 20 should be first in the decision making queue.

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