Don't Panic! A Guide to Handling a Market Crash
Don't Panic! A Guide to Handling a Market Crash It’s normal to experience a range of emotions when the market is down, and many investors choose to wait out downturns until it’s time to invest again. However, if you don’t have an investment strategy, you might find yourself waiting far too long to get involved with the market again – which could cost you big money in terms of earnings and returns. Consider these four strategies when the market’s down, so you can make smart investments that will help you ride out the storm and build your wealth over time. What is Market Crash? A market crash is when stocks and other investments lose value, usually precipitously. The market is driven by sentiment and faith in its own growth. When there’s a sudden loss of faith in an asset class, or even an entire market, things can rapidly turn south—and fast. Of course, no one knows for sure when or if that might happen; those who say they do are lying (or...