, the US markets have plunged, dragging down the value of millions of Americans' investment portfolios in a matter of days. There's no telling where it will go from here, but experts seem sure it's going to get worse before it gets better.
The best way to safeguard your money during this grisly storm? Take a pause and stick to your long-term plan. If you suspect your long-term plan requires short-term restructuring — you're in or nearingdo when the economy tanks.The Federal Reserve announced an emergency interest rate cut on March 3 and it's trickling down toIf you're saving for an upcoming goal, keep going.
is more important than ever. If the economy continues trending downward into recession territory, a cash reserve is the very best way to protect yourself against slipping into debt.is off the charts, but unless you've got cash to burn, it's best to sit tight with your current investments. It may be tempting to ditch stocks that are losing you money, but it's not as simple as it seems. The market moves quickly and selling off investments on a whim can backfire.
The same “experts” who 5 weeks ago were saying there was NO STOPPING this market?
Hookers, boooze, gambling and exotic cars...
Discover This New Online Strategy That Almost Nobody Knows About
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:
United States United States Latest News, United States United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Stock market news today: Dow sinks as Fed actions fail to calm nerves - Business InsiderUS stock trading was halted within minutes after sharp selling at the open. Sharp losses persisted after trading resumed. Me: *waiting for realDonaldTrump tweet taking credit for it It will go to 0 They should probably put money into healthcare, hospital beds, supplies you know stuff to help people.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Stock market outlook: S&P 500 to hit 2,000 on coronavirus worries - Business InsiderThe coronavirus' 'financial and societal devastation' will drag the S&P 500 to its lowest level in four years before a sharp recovery, Goldman said.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Coronavirus stock-market crash: How ETF hedge surged 24%, what's in it - Business InsiderAn investment chief whose ETF has surged 24% during the coronavirus meltdown details his strategy for profiting during stock-market crashes
Source: BusinessInsider - 🏆 729. / 51 Read more »
Tech investors warn of recession's impact on startup funding and growth - Business Insider'A recession is inevitable': European investors and startups brace for cash drought and lower valuations amid coronavirus slowdown The US economy is strong. This will pass. All the Fake News and scare tactics will dissipate... Good. Clean out the trash. 🥺
Source: BusinessInsider - 🏆 729. / 51 Read more »
Stock market live updates: Stocks re-open after halt, Dow drops 2,700, S&P tanks 11%A conversation about the latest market news, including the massive sell-off in stocks and a giant monetary stimulus package from the Fed. Third time's the charm? cricket chirps* What happened to the free market? Oh no supply and demand is doing something the capitalists don't like, shut it off! This shit is all fake
Source: CNBC - 🏆 12. / 72 Read more »
Stock Market Plummets Again as Businesses Close, Lockdowns SpreadTrading in U.S. equities markets was halted moments after the session began on Monday as a plunge in the S&P 500 index triggered a circuit breaker designed to slow another panicky selloff. The …
Source: Variety - 🏆 108. / 63 Read more »