What Investors Should (and Shouldn’t) Do in This Market
by Priya Anand
Market Watch
Global markets are in a rout that some are calling reminiscent of the 2008 financial crisis.
Investors scarred by the recession may be cringing at the comparison and wondering whether to wait out the gyrations or run the other way. Here’s what financial experts say to skittish investors: Relax, because investing should be a long-term plan.
“Decades of books and academic textbooks tell us to sit still, and I always assume investors will eventually figure it out,” says Randy Bruns, a wealth adviser at HighPoint Planning Partners in Downers Grove, Ill. “You’re either misinformed or foolish if you don’t respect the fact that markets can be violent at times.
The S&P 500 was down about 2.5% Thursday afternoon, to about 1,945. On Wednesday, 433 of the 500 stocks posted declines after Apple shares and the price of oil fell.
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Source: http://financialsurvivalnetwork.com/2016/01/what-investors-should-and-shouldnt-do-in-this-market/?utm_source=rss&utm_medium=rss&utm_campaign=what-investors-should-and-shouldnt-do-in-this-market
