Nasdaq Sell-Off: Don't Panic; Use This Strategy Instead
With the Nasdaq Composite hitting correction territory earlier this week, which is defined as at least a 10% decline from a recent high, investors may be getting worried. That's normal. In fact, there are a number of things to be nervous about in the near term. The threat of trade wars and a potential economic recession have helped push stocks lower.However, that does not mean that investors should panic and dump all their stock investments. There are a few reasons for this. One is that market corrections are normal, and it is not certain that these tariffs will last. But the market typically likes to sell first and ask questions later during periods of uncertainty.Another reason is that market timing is impossible. You'll never be able to get in and out at just the right times.Continue reading
With the Nasdaq Composite hitting correction territory earlier this week, which is defined as at least a 10% decline from a recent high, investors may be getting worried. That's normal. In fact, there are a number of things to be nervous about in the near term. The threat of trade wars and a potential economic recession have helped push stocks lower.
However, that does not mean that investors should panic and dump all their stock investments. There are a few reasons for this. One is that market corrections are normal, and it is not certain that these tariffs will last. But the market typically likes to sell first and ask questions later during periods of uncertainty.
Another reason is that market timing is impossible. You'll never be able to get in and out at just the right times.
