Finally, the risk appeared!
The month of August offered the Brazilian capital
market with a tremendous bump, arising from the wave of panic that arose the partial collapse of the system of North American property loans. For those who did not understand what happened, a brief explanation: the Americans realized that the euphoria property (real estate bubble, for the intimate) raised prices artificially, the thing exceeded reasonable limits and prices finally began to fall, many people had ridden to buy property and profit from them, and given the impossibility of achieving
profits are not paying their debts. "Many people" refers to individuals and large investment funds, which began a strong movement of selling other assets at risk, as
shares of
companies, to balance the loss of their portfolio of investments.
Basically, what happened was a major settlement of prices of shares, in part because it is believed that many businesses will not gain as much as expected (many Americans breach = less consumption = less profit), in part because, profiting or not, investors decided to sell papers at risk, and to sell quickly, called for the reduction of prices.
For many speculators, it was cause for panic. For investors with long-term vision, or both. If you are among those who do not know what to do during a crisis, follow my recipe. When I hear a bad news on the market and the
stock exchanges, my first reaction is not to hear the view of analysts of the market, but of analysts of companies. My favorite sites are those of investor relations (RIs) of the companies in which invisto. Instead of giving hunters the attention of the media and resistance I prefer reading about the projections of profits of my companies, on the impact of the supposed crisis in the business of which have shares. It was this attitude that I brought a rich information: about 80% of the business of Brazilian companies depend exclusively on the internal market, that is, it matters little whether American consumers will consume more or less. What matters is whether the Brazilian will continue following its increasing pace of consumption.
Crises such as that we are - yes, it is not over - serve mainly to remember what is risk. I was very uncomfortable with the long period of high on the stock exchange of Sao Paulo, for two reasons: 1) the more the Ibovespa rises, the more expensive are the actions that I want to buy, and 2) since it began investing in stocks, always won much to buy roles during crises, rarely got big profits during periods of calm. This is due mainly by the fact that I prefer shares of large volume of trading, which have lower volatility in periods of optimism.
I can say that the more money I have available to apply, the more I am eagerly waiting for a crisis, because the crises I buy shares at lower prices. You may ask: "but you do not lose the crises money with the low in the price of its shares?". My answer to that question is: NO.
The amount of shares that I bought remains the same. The projected results of my companies and their consequent dividends remain virtually the same. A drop in stock price says quite simply that I perderei money to sell the shares at that time, not that I lost. Who does not sell does not lose, still enjoying growth of the company.
For those who have questions about what to do during periods of turbulence, my suggestion is that comemore. Interest continues to fall in Brazil, which means much more than lower income in the applications of fixed income; means that the environment is becoming more conducive to entrepreneurs and to take that entrepreneurs invest. The environment is becoming better for the consumer seek credit and consume more. Brazil is growing. To take this movement, you should consider investing in stocks. And to begin, expect nothing like a day of sun and very much fall on the stock exchange - those days have been quite common in today ...