You’ve likely been there at some point in the last 5 1/2 years. After seeing stock market gains for an extended period, you catch the news and the market has dropped a few days in a row. You think, “Here we go again.” This feeling makes us think we should do something to stop the losses before we lose any more.
The fact is stock market drops are normal. But normal can feel very unstable when it’s your money on the line. In the MONEY article titled ‘How Arnold Palmer and Yo-Yos Can Help Your Finances’, Chad discusses 3 steps that can better prepare you for the inevitable moment when the stock market will fall again.
Read more here:
- How to Not Worry About A Falling Stock Market
- FSI Advisors Featured in Money Magazine and NerdWallet
- When is a Plus 3.9% Return Really a Minus 7.9% Return?
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Photo courtesy of Money Magazine