Knowing If You Can Stomach the Next Big Market Swing

  • 📰 WSJ
  • ⏱ Reading Time:
  • 17 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 63%

Deutschland Nachrichten Nachrichten

Deutschland Neuesten Nachrichten,Deutschland Schlagzeilen

That quiz your financial adviser gave you isn’t really a good way of understanding your tolerance for risk, writes JasonZweig

If I ask you in a questionnaire whether you are afraid of snakes, you might say no. If I throw a live snake in your lap and then ask if you’re afraid of snakes, you’ll probably say yes—if you ever talk to me again.

Investing is like that: On a bland, hypothetical quiz, it’s easy to say you’d buy more stocks if the market fell 10%, 20% or more. In a real market crash, it’s a lot harder to step up and buy when every stock price is turning blood-red, pundits are shrieking about Armageddon and your family is begging you not...

 

Vielen Dank für Ihren Kommentar.Ihr Kommentar wird nach Prüfung veröffentlicht.

jasonzweig Fnancial advisors should sign contracts swearing a fiduciary trust to their client. If they fail to live up to this contract, they should be sued or put in prison.

Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen:

 /  🏆 98. in DE

Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

5 things to know before the stock market opens ThursdayU.S. stock futures point to another strong day on Wall Street, with the Dow indicated to add another 250 points at Thursday's open.
Herkunft: CNBC - 🏆 12. / 72 Weiterlesen »

5 things to know before the stock market opens FridayU.S. stock futures were higher Friday morning, ahead of the government's 8:30 a.m. ET release of its monthly employment report Schultz
Herkunft: CNBC - 🏆 12. / 72 Weiterlesen »