'Now is a good time to buy stocks'

Before some international investors could settle down after the festive season, a significant amount of their returns from last year had been eroded by market volatility.
But in its preview and outlook for 2008, Investec Asset Management says there is "no need for panic in the local market".

Investec says the best insulation is to invest in stocks that are cheaper as people sell.
There are several stocks that still have solid fundamentals and respectable valuations, making now a time to buy rather than sell, the analysis notes.