Zandi added, though, that investors likely haven’t seen the worst yet, given the growing spread of coronavirus and the many questions surrounding its transmission and fatality rates. “This suggests it's going to be highly disruptive to the economy. A 20 percent decline would not be out of the question… but that still doesn't mean you go out and sell,” he said.
“For people who are already retired or who are close to retirement, they should have a portion of their assets readily available in cash equivalents so that when they need to dip into funds for living expenses, the funds will be available,” said Mitchell Goldberg, president of ClientFirst Strategy. That’s because of the negative sequence of returns principle, which means that people who have to cash in stocks when the market is falling wind up having to sell more shares to net the same distribution value — so when the stock market recovers that person will have fewer shares available to make up their losses.This doesn’t mean flee the stock market entirely, but having a cash cushion is advisable for people either in or near the distribution phase of their investing timeline.
“This is a very different kind of downturn than one we've ever experienced before,” Goldberg said. “Typically, in a downturn, consumer staples and healthcare are the kinds of stocks that will do well. Now it’s ‘screen stocks’ — companies that will allow you to work remotely, companies that keep you entertained, give you information,” he said.
The Washington Liberals are going out to celebrate the market crash again tonight! Pelosi and her puppets are celebrating as they destroy your retirement accounts!
Why not buy more while they are cheaper?
Don't sell until after the experts have managed to sell theirs first. Then they'll buy them back along with yours when they are low.
เราได้สรุปข่าวนี้มาให้อ่านอย่างรวดเร็ว หากสนใจข่าว สามารถอ่านฉบับเต็มได้ที่นี่ อ่านเพิ่มเติม:
ประเทศไทย ข่าวล่าสุด, ประเทศไทย หัวข้อข่าว
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U.S. consumer spending could see one-two punch from stocks drop, coronavirusThe coronavirus outbreak has yet to spread meaningfully to U.S. shores, but fear...
แหล่ง: Reuters - 🏆 2. / 97 อ่านเพิ่มเติม »
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Coronavirus fears spook stocks: Here's how to keep a cool head and protect your 401(k)U.S. stocks lost $1.7 trillion in market value over the past two days on mounting concerns the deadly coronavirus outbreak will further damage an already slowing global economy. May want to look at bigger return potential for this rocky market ride. $GRNF is a cannabis play poised to dwarf $acb, $tlry & $cgc. for more on this mega RM in motion regardless of coronavirususa. No worries. Do nothing it’ll be ok
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แหล่ง: trtworld - 🏆 101. / 63 อ่านเพิ่มเติม »
Global stocks outlook still positive, but vulnerable to coronavirus: Reuters pollGlobal stocks have further to run this year, but the likelihood of a correction ... Would be really embarrassing for Reuters if the markets continue to tank because world leaders can't get their shit together & contain the problem. And now mother's in charge of coronavirususa so...😬 At some point, if the virus spreads enough, China will go back to work and take their chances. We all will. The only reason they’ve shut down now is to try and contain it. Zero sensationalism and 100% Facts, we are covering Coronavirus and this where you get all facts and no fluff. CoronavirusOutbreak CoronaVirusUpdates
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Global Stocks Extend Declines as Coronavirus Concerns MountGlobal stock markets dropped and U.S. government bonds rallied as investors braced for greater economic fallout from the international spread of the coronavirus. Coronavirus originated from Hawaii! Not from Wuhan! It’s going to spread. You can’t stop it. You can’t contain it. You have to maintain it until we have the vaccine. Stop wasting time and sources. GLOBAL Market Performance (YTD) DOWNfall US DowJones 6% JAPAN Nikkei 7 % UK FTSE 7% HK HANGSENG 6 % INDIA SENSEX 4 % CHINA SHCOMP 1.6 % Leave apart some INDEX like Korea KOSPI Italy FTSEMIB which corrected in double Digit 🤠
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