‘Meme’ and tech stocks are crashing, so how are experienced investors hanging on?

  • 📰 PhillyDailyNews
  • ⏱ Reading Time:
  • 20 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 67%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

Daily News | ‘Meme’ and tech stocks are crashing, so how are experienced investors hanging on?

“Markets are challenging for everyone, but there is plenty of anecdotal evidence that the greatest losses seem to be accruing to the newest investors,” added Jakab, meaning those who began pouring in money in 2020.found that all the pandemic trading gains by retail investors have been wiped out as of Friday, May 6, even though broader stock market indices, which measure returns that accrue to a buy-and-hold investor, remain higher since January 2020.

In order for the Fed’s rate hikes to tame 40-year-high inflation, “the central bank needs an assist,” said Smith. For Haverford clients, “this market has been very helpful for our strategy of sticking with large-cap dividend-paying stocks,” he said. While the firm missed much of the run-up in energy, he sees bargains among companies such as BlackRock, JPMorgan and Nike.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 89. in İE

Ireland Ireland Latest News, Ireland Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

The Dow and the S&P 500 are likely falling into a bear market but your portfolio doesn't have to sink with themOPINION: Don’t be surprised if the S&P 500 sinks as low as 3,200, but this investment strategy will make your portfolio well positioned to fully recover whenever the markets finally begin to rally.
Source: MarketWatch - 🏆 3. / 97 Read more »