March 17, 2011

What To Do When Serious Events Cause Panic Selling

"Normally, when you have serious events like this, there`s panic selling. The best thing to do historically its been to wait a little while and then buy into the panic selling.

In 1995 when they had the Kobe earthquake, the japanese stock market went down 25% but ended the year almost flat." - in CNBC

Related: iShares MSCI Japan Index (ETF) (NYSE:EWJ)

Jim Rogers is an author, financial commentator and successful international investor. He has been frequently featured in Time, The New York Times, Barron’s, Forbes, Fortune, The Wall Street Journal, The Financial Times and is a regular guest on Bloomberg and CNBC.