Don't get sidetracked by the market bears
Equity markets had a good time of it in 2016-17 but the upshot is that investors now risk being side-tracked by speculation over whether shares are over or under-valued.
It pays to remember that when you invest in stocks, you are not investing in a market. Whether we are in a bull or a bear market, whether share prices are high or low, investors need to look for individual companies with sustainable earnings and sound management whose shares are trading at a decent price.
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