Updated: Jan 19
Buying when Market is DOWN
Buying and selling when the market is down…
Historically, the markets have always bounced back. Buying low and selling high is what everyone wants to do yet most people do the opposite; buy high and sell low - minimizing their return on investment. This is called… PANIC SELLING! Making emotion based, fear led decisions almost never ends well, in finance and in life! Selling when the market is down creates actual loss while staying the course is the greatest opportunity of recovery AND in some cases the only opportunity to incur portfolio gain prior to a downturn.
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