I'm a newbie that's posted on a few other threads and also started one (this being my second). Wondering how everyone's stocks/prospective stocks are performing today?
All my prospective stocks are in the red this week, (were in the green last week)... is the market taking a battering overall or is it just the stocks i'm watching?
I'm not too concerned as I'm paper trading at the moment and my investments will be long term in nature once it comes time to enter the market. How do people see the market performing over the next say 6-12 months, in particular the ASX200?? A few members have mentioned they are sitting on cash to see what happens so my thinking is to follow these wise ones and wait before entering the market with my capital.
Interested to hear your thoughts.....