You want to give up on the stock market. Here's why you shouldn't

  • 📰 CNBC
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 72%

United States News News

United States United States Latest News,United States United States Headlines

People are giving up on the stock market amid the coronavirus outbreak. Why they'll regret it

, vice president of financial planning at Charles Schwab, adding that investors have been moving to cash and other defensive assets like bonds as of late. "For longer-term investors, we suggest staying the course if they can."produced an average annual return of around 6%. But if you missed the best 20 days in the market over that time span, by, for example, capitulating in declines, and then reinvesting later, your average annual return would shrivel to 0.1%.

If it's any consolation during these trying times, most trials are finite. Even aggressive, stock-heavy portfolios took just around two years to fully recover from the last financial crisis, Charles Schwab found. It can feel impossible to imagine a different reality than the one we're engulfed in. Yet we've been hit with disasters and devastation before, and the market has always bounced back. Why give up on it now?

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 US
 

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

A message From Ackman’s megaphone

Thats cuz people r stoopid

The shorts need to steal your hard earned money.

People knows is a scam...

CNBC... Giving the Buy Signal 24/7

I don’t know anyone “giving up” on the market. But I know tons of people buying. However I do find it amazing how some people love it when products go on sale, but hate it when the stock market goes on sale. I’ll never understand that.

Don’t you see? Potter’s not selling. Potter’s buying. And why? Because we’re panicking and he’s not.

jimcramer so the market thinks in 6 months economy will be better than dec 2018? 2019 gains were based off of 2020 not having a virus. No ripple affect of 2 trillion coming out of nowhere?

haven't we just rallies 4,000 pts? Does that mean people have given up?

The stock market gave up on the people a long time ago. Karma

Not me! I'm just getting started! It's my new 'side hustle' thanks to jimcramer

wow...and here I thought a deadly virus might disrupt the global economy. Oh yeah, the federalreserve chair just said we are in a recession. The only FOMO Americans care about is ICU space & truly have enough to worry about, smarten up.

The stock market was an 18th century scam to get dopes to fund risky expeditions to fleece the world & to create a 3rd party entity when u tried to get ur $ back from these crooks. Anybody ever try to get $ from a rich person? Lol. That's what the law is there to protect not u.

Because the stock market is so fake duh

Place your stops!

Here comes the daily Sell Off

We know a white collar scam when we see it.... Sometimes. And this stock market swindle is the antichrist's greatest scam yet.

When people finally go back to work will it still be for low pay and few if any benefits while the CEO gets a ten million dollar bonus?

CNBC ......and operator both are same

Hello? Where have you been the last two days?

They should really wait a year to give up.

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.

Here's what happened to the stock market on TuesdayExpectations of a fiscal stimulus package passing through Congress gave stocks a massive lift off their lowest levels in more than three years.
Source: CNBC - 🏆 12. / 72 Read more »

Here's what happened to the stock market on WednesdayThe S&P 500 strung its first consecutive gains since mid-February. Oh that Crazy Bernie. The swamp at it's finest!!! What happens first- They pass the stimulus package and checks are in the mail or OJ finds the killer? The FED inflated the market so the rich can sell while retirement accounts have penalties. Those evil Republicans and Bernie
Source: CNBC - 🏆 12. / 72 Read more »

Here’s Why Stocks Just Had Their Best Day Since 1933The market surged 11% as Congress neared a deal on the $2 trillion coronavirus stimulus bill. skleb1234 Chinaconspiracy ChinaLiedAndPeopleDied ChinaLiesPeopleDie coronavirus Spain Italy USA China wants to rule..by hook or by crook...they really don't care Chinaconspiracy skleb1234 Because as usual Trump is giving away stuff or money that isn't his? How else do you explain bankrupting effin CASINOS for Christ's sake and the investors? BANKRUPTED and no money back!!! skleb1234 👍
Source: Forbes - 🏆 394. / 53 Read more »