market slump 60points, more to come?...should u worry?

what a steep fall....more than 70 points during lunch.

as I type this, it is 66 points in the red.

you should NOT worry if

1) the stocks u bought are based on sound fundamental analysis and market ups and downs are beyond anyone's control

2) u are investing on a long time frame.

2) no contra deals involved. 

3) no borrowed money.

4) the original plan is still intact, 

In my case, I am a dividend investor, so if this fall continues, this sounds like good news for i can buy more for the same amount of dividend received.

I will be a little concerned if a dividend cut happens and will be  more concerned if no dividends declared when i expect some. The latter senario is the one i would least expect since the counters i owned, have paid dividends faithfully for the past 1 decade and have weathered several crises. Even if the least expected senario happens, i am satisfied that i should be diversified enough not to be affected too much. 

dividend investors - tips on how to make your money work harder

Not sure if anyone covered this...but I find the following tips useful to increase wealth more quickily and also safely. '

(experts might want to give this a miss)

I shall go to the point, as I know most people don't have so much time to read long essays.

1) go only for company which pays dividends, and increasing trend (this sounds familiar if you have been reading my earlier posts, if not, no harm going through). Avoid companies which doesn't and those which has rights history, as personally i prefer a uni-directional money flow.

2) this point is important. plan your cash cow company carefully. ☆☆☆Singapore companies are unlike US ones like MCD Colgate etc which pays quarterly dividends. Here, some homework and planning is required.

A) try not to have heavy dividends in certain months and then dry months thereafter. This will make the compounding effect even greater and over long term...wow!!!

B) my suggestion divide a year into 4 parts or even 6 parts if possible, and plan in such a way that the dividends are well distributed in those quadrants.

C) don't sit on your dividend. U have a few vases half full or half empty depending on how u call it, n a jug of water, pour into those vases which have the least water.

D) use it to buy the next company before it releases news of any impending dividends.

E) don't worry too much about brokerage fees. Just as an illustration, u see, a 1000 buck dividend can buy 1000 metro shares costing near 900. Don't think too much of the 25 bucks brokerage fees as remember, you are there for the long haul. in a year, if metro pays 5c dividends, the stock itself would have paid 1/2 of such fees and the next year, its all yours. we are not trading, but we are in for the long haul, so in the long run, the compounding effect would have more than made up for those fees.

F) keep repeating process, disregard market movements, till you become rich.

G) this works even for small sums of money. Don't think only millionaires or billionaires can play this game. Remember u are here for big money in the long haul. 25bucks brokerage fee...treat as one time, u will get it all back n much more.

3. Don't forget your own health and don't forget to spend time with love ones.

4. Don't forget to donate to needy once you are there.

my 2 cents.