This translation has been automatically generated and has not been verified for accuracy.The novel coronavirus has whipsawed stock markets but investors shouldn’t take Monday’s sharp rebound as a signal that volatility has ended, say investment experts.
“We are dealing with so many unknowns it’s impossible to call the bottom right now,” Taylor said in an interview. The market dip could be an opportunity to buy quality stocks at a discount but investors shouldn’t be in a rush.“There’s still going to be more volatility throughout the next few months and you will get different opportunities but if you have a lot of cash this is not a bad time to start looking at opportunities.”
Michael Greenberg, portfolio manager at Franklin Templeton-Multi Asset Solutions, said he began chipping away by buying a little on Friday but thinks volatility will continue for the next month or so.
Nigeria Nigeria Latest News, Nigeria Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
How to handle the RRSP deadline while stocks tumble over coronavirusThe RRSP contribution deadline is Monday, at a time when markets are in a tailspin — leaving nervous Canadians wondering what they should do this time. YahooFinanceCA
Source: HuffPostCanada - 🏆 61. / 53 Read more »
Market mood turns sour over virus after temporary reliefMounting concerns about the economic impact of the new coronavirus outbreak saw gains in European stock markets wiped out Monday despite hopes of stimulus measures from major central banks. fuuuuuuuuuuuuuuuuuuuck. I’m not even looking at my investments..........until this blows past us and is in recovery mode! The stock market has a life of its own, it is based on fear and greed. Such is the fragile nature of the economic system. Yeshua prophesied this.
Source: CTVNews - 🏆 1. / 99 Read more »