What to Watch Today: Wall Street Set to Rise After S&P 500 Officially Closed in Bear Market
"The truth is, nobody knows what will be the long-term consequences of having [shut down parts of the economy for long periods of time], because we don't have any experience having done it before," she tells CNBC Make It."Wherever there's a lot of guessing and a lot of uncertainty, that means people's beliefs can move around a lot. And with those beliefs go stock prices.
Indeed, bear markets"are historically fantastic opportunities to build wealth for longer-term investors," says Matt Stucky, senior portfolio manager at Northwestern Mutual Wealth Management. Still, Stucky recommends that investors don't rush to invest all their money. They should also focus on growing their savings. The important thing is for investors to"make sure that you can handle these swings" when buying stocks, because there will be more volatility to come.
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