Feeling queasy about the stock market? Think twice before selling, financial advisers say

Date:

NEW YORK (AP) — The huge swings rocking Wall Street and the global economy may feel far from normal. But, for investing at least, drops of this size have happened throughout history.

READ MORE: S&P drops 6 percent, closing worst week since COVID after China matches Trump tariffs

Stomaching them is the price investors have had to pay in order to get the bigger returns that stocks can offer over other investments in the long term. Here’s a glimpse at what’s behind the market’s wild moves and what experts advise investors young and old to consider:

How bad is the market?

Wall Street’s main benchmark, the S&P 500, has lost more than 16 percent since setting an all-time high on Feb. 19, mostly because of worries about President Donald Trump’s tariffs.

Any kind of uncertainty around the economy will give Wall Street pause, but the trade war is making it more difficult for companies, households and…

Read more…

Share post:

Subscribe

spot_imgspot_img

Popular

More like this
Related

Tampa RV giant Lazydays to delist from Nasdaq

Tampa-based Lazydays Holdings Inc., one of Florida’s most recognized...

Granite Geek: New Hampshire might get access to ‘balcony solar’

I had solar panels put on my roof six...

TSX Today: What to Watch for in Stocks on Monday, November 10

Despite firm gold and silver prices, Canadian stocks...

While BNB and DOT Struggle Under Market Pressure, BlockDAG’s Presale Soars Past $435M!

As market-wide fear grips the sector, the Binance Coin...