Financial advisor Mitch Goldberg, president of ClientFirst Strategy in Melville, New York, is reminding his clients that the ups and downs of the stock market are a normal part of the investing journey.
"It's what you do before a plunge that counts, not the hasty reactions that come during and after, when you have no time to think," he said. While market experts said they didn't see evidence of panic when the market dropped last week, it's normal for people to feel panicked in these types of situations, Klontz said. It's the way the human brain is programmed, with our emotional brains bigger and more powerful than our rational brains, he explained.
"Go ahead and panic," said Klontz, who's also a certified financial planner. "Don't panic about the fact that you are panicking."In other words, acknowledge your emotions — but don't act on them. That goes for whether you want to sell during a big drop, or buy in during a surge. It may be easier said than done. Here are some techniques to calm your emotional brain so you can make rational decisions.It may sound trite, but taking a few deep breaths really does work, said Klontz, a member of the
BETTER 18,000 died in the U. S. in 2009. possibly x10, did you see it reported like this. Guess why there was no panic during The OBAMA administration SWINE FLU EPIDEMIC, can you say FAKE NEWS INDUCED PANIC!
acorns The same expert that cut the rates to keep the market alive, and keep narrow your choices to take your savings!!
acorns “Don’t sell, we gotta keep this bubble inflated!”
seemacnbc acorns
acorns 😂 CNBC: it’s the Coronavirus! Run for your lives!!! Also CNBC: But don’t panic! Is CNBC... full of shit?
acorns you literally just posted an article about cramer panicking you schizos international finance is fake news
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Western Asset Calls Top of Treasury Market RallyPanicked buying of U.S. government bonds in reaction to the global spread of the coronavirus has set Treasurys up for a fall, the bond-investing firm’s deputy chief investment officer said. Your Editor are racist and Cheap. Big Blot on the name of Media. WSJ Editors team is seems to be paid by Extremist and terrorist as their team don't do fact check. Just for cheap popularity they wrote Fake news in Indian violence. Police FIR is being lodged against WSJ in India
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