in the past days World TV YouTube aired on the channel The World in My Pocket to the program Sinan EnginGuest investment advisor and savings expert with Mert Basaranshared an interesting stock market memory on his social media account.
In his post for “those who think we are living the worst days of the stock market”, Başaran reminded that the stock market rose from 150 dollars to 200 dollars, referring to the positive process regarding Turkey’s EU membership in 2000.
The aunt in the apartment knows “Should I buy Ereğli?” Stating that he started asking questions, Mert Başaran said that every day he received news about how people got rich in the stock market, but he got scared and left the stock market because he saw the ’94 crisis.
‘Small investors went crazy and sold’
Başaran said that after the constitutional crisis in 2001 during Bülent Ecevit’s prime ministry, the index, which was 20 thousand, dropped to 7 thousand and the stock market remained between 7 and 10 thousand, and that his small investors went crazy and sold their shares.
Giving information about the position he took at that time, Başaran said, “During that period, I constantly made small purchases. The stock market reached the same point on a TL basis in 2024. Years later, the dollar-based peak exceeded $500.” he said.
Mert Başaran said that small investors left the stock market between 2001 and 2004, but those who collected shares during that period made a fortune in the bull market in 2007.
Famous investment advisor message “The stock market is a long-term investment. In the bull market, they keep the new arrivals waiting until they get bored. “When everything goes the same way, the stock market will soar.” He finished with the statement:
Source: www.dunya.com
