Stock market has crashed!! Already I have made some bargain purchases in the local market. Some my friends and colleagues says it will go even lower, so why buy now??
The main reason is that when its that low. Nobody will sell it anyway. So the best time to buy is actually when the market is going down, but have not bottomed out. Then what you do is to hold the stock for as long as possible (long term investments of at least 2 years). So even if the stock does not rebound. You most probably will get something out of their dividends payout. (I always look out for companies that are financially sound and has a good roadmap)
So what did I invested this time?? :) Just some stocks on energy related, agriculture and communications. As the title suggest. Now's the time to BUY... hehehe