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Senior Living: Don’t panic, don’t sell on the stock market

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ICYMI - Senior Living: Don’t panic, don’t sell on the stock market

Today Your Money talks about the impact that the COVID-19 pandemic has on our stock market and provides you with a “trader’s tip.” I know the markets are tumbling into double digit losses, but I must remind you that you really haven’t lost anything unless you sell — so don’t panic and do not sell.

In the past, this behaviour caused investors to lose thousands in hard-earned capital when they cashed out, only to turn around a few months later to buy back into the market as it began to climb — of course, at much higher stock prices.

 

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With fuel prices at an all time low, why are business still tacking on fuel surcharges? Businesses started tacking on the additional fee in the '90s when fuel prices skyrocketed. Fuel prices have gone down but I just paid the post office an additional 1.50 to mail a parcel. Why?

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