Experts say there is no one-size-fits-all approach to investing and that there are different factors to consider when building your portfolio, including ETFs.
, are baskets of securities that trade like stocks on an exchange and promote diversification, which may contribute to lowering risk during downturns in the market.
"A bear market is a prolonged period of stock market price declines, typically by 20 percent or more from its most recent high," Roberta King, a vice president and branch leader at Fidelity Investments, told FOX Business. "In times of a bear market or market instability, a diversified investment portfolio may help minimize your risk.
"As bear markets don’t tend to last very long, it’s important to think of your long-term saving strategy and consider creating a diversified portfolio," King said.According to King, there is no one-size-fits-all approach to investing and there are different factors to consider when building your portfolio.
"Investors should choose the best option for their specific investing needs, keeping their time horizon, risk tolerance, financial circumstance and short- and long-term goals in mind before making any investment decision," said King. | Associated Press
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Texas rallies late to snap losing streak to Iowa StateA late touchdown and defensive stand helped Texas beat Iowa State for the first time...
Read more »
Harry Styles Leads 2022 MTV EMAs Nominations: Full ListFemale artists account for five of the six nominees for best artist, but male artists and groups dominate in best live.
Read more »
NFL Winners and Losers: Bill Belichick keeps making history, now with an unlikely QBBill Belichick is still the best coach in the NFL. He just doesn't have the best quarterback in the NFL anymore.
Read more »
‘He just has so much try in his game’: Flyers’ Travis Konecny already gaining coach John Tortorella’s trustThe 25-year-old is off to a fast start under Tortorella with four points in two games, but it is his defensive improvement that has stood out.
Read more »
USC tries not to let loss to Utah define seasonTrojans players took the one-point defeat hard, but a bye week will allow them to analyze defensive failures and revive their championship hopes.
Read more »