Market sell-off? How NOT to handle big stock declines

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Black Money समाचार

Jane Sasseen,John Auten-Schneider,Mcgraw Center For Business Journalism

Though Gen Z would have been too young, many remember Black Money in '87. The market crashed and causing mass-panic and sell-offs. But the hardest earned...

. The market crashed and causing mass-panic and sell-offs. But the hardest earned lesson in the aftermath had nothing to do with avoiding investments; it was actually patience, since the market recovered fairly quickly. Hosts of Yahoo Finance's new show Living Not So Fabulously,, got to hear a first-hand account of the harrowing day from Jane Sasseen, founding executive director of the McGraw Center for Business Journalism.

Um So it was like 87 and I was freelancing, I was living in Europe and freelancing and I had had, I inherited some money and I had a small amount of money that I had put in the market. Meanwhile, I had just put this tiny amount of money that I had inherited, which was allowing me to live there and freelance with no money into the market.And I did, I think it's kind of a stupid thing that lots of people do.

And so like the half of the money that I'd taken out because I had to make an active decision to put it back in, it sat there for, you know, I don't remember how long now, but, you know, finally at some point I realized, oh, this other half is doing well, maybe it's time to put the money back and I would have been much better off just to leave it and forget about it.

हमने इस समाचार को संक्षेप में प्रस्तुत किया है ताकि आप इसे तुरंत पढ़ सकें। यदि आप समाचार में रुचि रखते हैं, तो आप पूरा पाठ यहां पढ़ सकते हैं। और पढो:

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