However, Weiss said, "if the money was invested and will be needed to purchase a house in six months, I would recommend moving into cash now."
"We want to protect our clients from that," he added. "For us, the biggest mistake is losing money, not missing out on the gains we could have made." Another option, if you can't put off a goal but don't have enough money in your investment account now, is to rethink what you could still do, experts say.
Most younger investors, who typically have a lot of time until they'll need to reach their financial goals, should avoid the temptation to dig into their investments — even in upswings, Doll said.
The Fed created this liquidity trap. Unemployed people won’t be spending. Airlines cut 90% of May flights. Sporting events will have no fans. There will be no concerts. The economic ramifications of these things alone warrant S&P 2300 at best. If you haven’t reduced DO IT NOW
You should sell 100% of equity holdings. There is zero justification for the S&P500 to be where it is right now. NYC is going to default. Retailers like UAA are on the bring of bankruptcy. Restaurants are done. Bars are done. Unemployment is hitting 10% of the population.
Yes
The stock market is whistling past the graveyard.
People are sick of wuhan virus say what it really is already!!!
SELL you permabull charlatans
Buy bitcoin instead
There will be six more dips. Buy one
What is the point of analyzing fundamentals if the Fed will just come in and subsidize all of your risky assets?
Nah!
Last 2 weeks all I read was Sweden doing very differently bound to fail
Yes
Never sell. The fed will bail you out. Forget being prudent. The fed has your back.
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.
Source: Reuters - 🏆 2. / 97 Read more »
Source: CNBC - 🏆 12. / 72 Read more »