Keep your hands off your investments for now
MIND AND I/Shutterstock.comExperts advise leaving your investments where they are. Pulling investments out of the market could mean selling at a loss. But, leaving long-term investments alone will allow the markets to go back up. Read more personal finance coverage »
The stock market began to fall in late February as a result of the spreading of the novel coronavirus, and has largely kept on a downward trend since. As it started, investors rushed Robinhood, Vanguard, and Fidelity, even causingHowever, experts say cashing out isn't the answer, and could mean selling at a loss. Being hands-off with your long-term investments is the best move you can make in a market downturn.
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.
4 stupid things to do with your money when the stock market is tanking - Business InsiderThe vast majority of investors should follow a few simple rules: don't touch your investments, keep saving money, and spend within your means.
Read more »
Brazil's $4 billion budget bombshell hits markets at worst possible timeAs if things were not difficult enough for markets in Brazil, whose stocks and c...
Read more »
Stock market outlook: Gains from 2016 Trump win erased by coronavirus - Business InsiderThe Trump administration initially downplayed the virus, with top economic adviser Larry Kudlow calling the outbreak 'contained' on February 25.
Read more »
Why I invested $10,000 in the stock market during one of its darkest days - Business InsiderI keep investing around the same amount every month, and it's nice to not have to worry whether my timing is good or bad
Read more »
Trump’s Travel Ban Sparks Rout Of Global Stock MarketsPresident Donald Trump’s surprise move to ban citizens of many European countries from travel to the United States shocked European leaders, and triggered a slump in global stock markets.
Read more »
Stock market news live: Stocks slump, trigger circuit-breaker after Trump declares Europe travel restrictionsUPDATES: Stocks slump, trigger circuit-breaker after Trump declares Europe travel restrictions
Read more »