News Formal

A financial expert agrees that investing now is a smart decision - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 44 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 21%
  • Publisher: 51%

Sverige Nyheter Nyheter

Sverige Senaste nytt,Sverige Rubriker

'If you have a target, it helps alleviate that reaction we all have to pull back and sell everything. There's really nothing worse than locking in that loss'

coupled with appropriate asset allocation, your portfolio will recover. A good plan includes and accounts for market declines. It happens, and it's all part of the plan," said Hank.

Long story short, if you have investments in place and a financial plan created with the help of a professional, the best action you can take right now is likely no action at all. That is, unless you are looking to go deeper into the market. Asked whether now, during the COVID-19-induced market decline, is a good time to invest, Hank said unequivocally: "Yes. It's a good time. It's a good entry point into the market.

Any advice must be taken with a grain of salt, of course, as other experts are now worried this market drop has been too great for anything like a full recovery. We may need to accept some equity lost and settle for a slower build back up.

But buying a share laid low by virus and waiting until the marker recovers, even if it doesn't return to its recent peak, might just help your individual portfolio recover.

 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.
Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 729. in SE

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

The Subscription Payments Ecosystem Report from Business Insider - Business Insider[NEW REPORT] The Subscription Payments Ecosystem: BIIntelligence sizes up the current subscription payments opportunity — and what's driving its growth
Källa: BusinessInsider - 🏆 729. / 51 Läs mer »

Stock market crash: Hedge fund strategy fails, could change investing - Business InsiderA popular trading strategy that preserves hedge funds during stock-market crashes just failed — and Morgan Stanley warns it could change investing as we know it Because you are thinking the traditional way ie everybody follow the rules but in reality one big player is not. They control their stock market and do whatever they want. Everyone lost except them! All analysis or predictions are garbage!
Källa: BusinessInsider - 🏆 729. / 51 Läs mer »

Coronavirus US recession: Automakers in better shape since financial crisis - Business InsiderGM, Ford, and FCA have each amassed huge war chests, following the financial crisis and bailouts and bankruptcies of GM and Chrysler. )
Källa: BusinessInsider - 🏆 729. / 51 Läs mer »