, but personal finance expert Suze Orman isn't worried. In fact, she says investors should "rejoice."— is an opportunity for investors to buy stocks at a cheaper price than they've been able to in years.
Why? Because if they continue to invest a fixed amount of money every month regardless of what's going on in the market, as experts like Orman recommend, then they'll buy stocks at a lower share price than they can when the market is hitting a new high day after day., and it's recommended to ride out periods of volatility, like now.
Berkshire Hathaway CEO Warren Buffett was also quick to remind investors that drops like Monday's are "good," and said not to make any decisions based on a single day's moves.CNBC's Becky Quick on "Squawk Box" on Monday Buffett noted that most people are "savers," and should be encouraged by the market's decline. "They should want to buy at a lower price," he says.
MakeIt Relax folks, it’s just another day of computerized organized crime on WS, the theft will be over soon enough then the criminals in the media will be back to “hopes” headlines, until the next pump & dump
MakeIt
MakeIt The market has been moving in a straight line upward for several years now! A correction was bound to happen soon!
MakeIt Rejoice? Really? About what? I think this old broad is a few bricks short of a full load.
MakeIt
MakeIt Tough crowd
MakeIt When people like this say not to sweat it I am cool with that. The market waxes and wanes but to be all like ‘hey! Do some cartwheels because you lost a big chunk of your portfolio’. No. You would have to be high to feel that way.