Stock market volatility can be normal, but it’s also unnerving — and for some investors, it’s just impossible to stomach.
See: This plunge looks a lot like the ones that rocked stocks in 1929, 1987 and 2008 — if it keeps tracking, look out But how someone feels while they’re sitting at an adviser’s office or on their couch while they’re setting up an account is not exactly how they’ll feel when push notifications and television network news hosts tell them the market is falling.
But what should a person do when they’re watching the stock market indexes drop, and afraid all of their money will be lost? Also see: Markets plunged Monday on fears of OPEC ‘price war’ — 5 critical questions to ask your financial adviser right now
Guaranteed is guaranteed, and people who sealed it at the top a couple weeks back have saved many thousands of dollars so far. It can be changed back when the signs of lasting recovery are there (very simply), it takes 20 minutes online. This is propaganda.
Really? How many pandemics has this OpEd writer lived through in order to synthesize this advice?