Attention, Retirees: Here's a Way You Can Take Advantage of the Stock Market Sell-Off
You don't just have to sit by and watch you savings dwindle during a stock market decline.
The last six weeks have been a stark reminder to investors that stocks do, on occasion, go down in price. Both the S&P 500 and Nasdaq Composite indexes fell more than 10% from their all-time highs from mid-February to mid-March, marking an official correction.
Continued economic uncertainty and a lack of clarity around U.S. trade policies mean markets remain relatively volatile at this point. Many fear stocks could continue to decline until there's a better picture of where things stand.
For most retirees, it might feel like there's nothing they can do amid a market sell-off. After spending years accumulating assets, they're now at the whims of the market. There's no ability to buy on the dip. Without fresh capital to deploy, they can't scout for new stock opportunities and are merely hanging on for the ride.
