The single smartest thing to do with your investments when the stock market slumps - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 51%

United Kingdom News News

United Kingdom United Kingdom Latest News,United Kingdom United Kingdom Headlines

Keep your hands off your investments for now

MIND AND I/Shutterstock.comExperts advise leaving your investments where they are. Pulling investments out of the market could mean selling at a loss. But, leaving long-term investments alone will allow the markets to go back up. Read more personal finance coverage »

The stock market began to fall in late February as a result of the spreading of the novel coronavirus, and has largely kept on a downward trend since. As it started, investors rushed Robinhood, Vanguard, and Fidelity, even causingHowever, experts say cashing out isn't the answer, and could mean selling at a loss. Being hands-off with your long-term investments is the best move you can make in a market downturn.

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:

 /  🏆 729. in UK
 

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

United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

4 stupid things to do with your money when the stock market is tanking - Business InsiderThe vast majority of investors should follow a few simple rules: don't touch your investments, keep saving money, and spend within your means. Old saying - do not try to catch falling knife stockmarket investments stockmarketquotes ok That is true only if you hold just indices. Those always recover, if the time frame is long enough. Individual stocks may go to zero, so panicking (early) can save you.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Stock market outlook: Gains from 2016 Trump win erased by coronavirus - Business InsiderThe Trump administration initially downplayed the virus, with top economic adviser Larry Kudlow calling the outbreak 'contained' on February 25. Terrible stuff.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Why I invested $10,000 in the stock market during one of its darkest days - Business InsiderI keep investing around the same amount every month, and it's nice to not have to worry whether my timing is good or bad Im sorry but monstera on the pic is dying due to drought, can someone save it Commissions, commissions...
Source: BusinessInsider - 🏆 729. / 51 Read more »

Stock market news live: Stocks slump, trigger circuit-breaker after Trump declares Europe travel restrictionsUPDATES: Stocks slump, trigger circuit-breaker after Trump declares Europe travel restrictions Stopping the stock market that's cutting into my profit I been betting on the stock market to go down to make my money your cost to me thousands of dollars
Source: YahooNews - 🏆 380. / 59 Read more »