Investors Waiting For Opportunity
I got this graph from TheEdgeDaily site, which reports on investments in Malaysia. According to an on going poll which currently 357 has voted, close to 50% are spending less on non-essentials. While you might think a larger portion might be looking for part-time jobs, the second largest group is actually waiting to invest in hammered down shares!
snapshot via TheEdgeDaily.com
I don’t think the people who visits this site regularly represent the whole population but rather a small group of people who are quite focused on investments. Thereby skewing the results of this poll.
Yet it is interesting to note what opportunity minded investors do. Buy when investments are cheap and when people are afraid. Which category are you in?