The markets are in turmoil, but you know what you’re supposed to do now, right?
Let’s all take a deep breath, tie our hands behind our backs and say it together: We will not sell stocks in a panic.
Many of the people who are trading today are professional investors of various sorts.
Here’s a dirty little secret about, say, hedge funds: All of their trading in reaction to world events doesn’t lead most of them to do better than sticking their money in an index fund that tracks the stock market.
Remember, much of the money you have in the stock market is probably for retirement anyhow.
Persons:
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Organizations:
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