"Equity markets will periodically face losing streaks […] and every investor will experience these from time to time," a personal finance expert told CNBC's Make It.Investing was hot earlier in the Covid-19 pandemic — stock markets boomed, as did retail investing apps, meme stocks and cryptocurrency. Trading suddenly appeared fun and accessible, especially to young people.
"So far, 2022 has proved to be a difficult year for investors, with bond and equity markets both experiencing volatility," he told CNBC's Make It, adding that some of those conditions will continue to weigh on markets in the coming months.But investing is still a good idea, Myron Jobson, senior personal finance analyst at investment platform interactive investor told CNBC's Make It.
For many young investors, this might be the first time their portfolio is consistently making losses. That might seem worrying, but it's actually part of a normal cycle, Jason Hollands, a personal finance expert at investment management and planning firm Best Invest, told CNBC's Make It. "One of the best ways to fortify your invested cash from stormy markets is to have a balanced, global portfolio," he said.
MakeIt Gold is at an all time high. Now is the time to sell gold and not buy it. Owners of gold are pushing the sales so that the value will continue to increase.
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Source: CNBC - 🏆 12. / 72 Read more »