The stock market’s roller-coaster year exemplifies why staying invested pays off

  • 📰 CNBC
  • ⏱ Reading Time:
  • 30 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 72%

Singapore News News

Singapore Singapore Latest News,Singapore Singapore Headlines

The stock market’s roller-coaster year exemplifies why staying invested pays off investinyou (In partnership with acorns.)

For those investing long-term, such as for retirement, staying in the market is often the best strategy, according to financial advisors.

"Volatility is part of the equation, and that's kind of what the reward is for," said certified financial planner Kaya Ladejobi, founder of Earn Into Wealth in New York. "If your capital isn't at risk, you can't get those returns.", as they often follow the worst days.

"History tells us that markets do recover over time," said Jason Field, CFP, a financial advisor at Van Leeuwen & Company in Princeton, New Jersey. "When markets do go down, it does provide an opportunity to buy good-quality investments at lower prices."

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

acorns For the stock market... Bad News is Good News for the Market. Good News is Great News for the Market and Great News is even better for the Market. 95% of the S&P are above its 200 day moving average... Next Stop 33000 for the Dow and 4200 for the S&P

acorns Maxine Waters’ campaign paid her daughter $240G over 2019-20 election cycle, FEC records show! It's time to fight back against the communist China Democrat! Vote for Freedom! Los Angeles sheriff defies governor's COVID-19 order, tells deputies not to enforce!

acorns

acorns KLoeffler and Perduesenate disagree.

acorns Greed is not good.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in SG

Singapore Singapore Latest News, Singapore Singapore Headlines