Well, the real question is how to handle a stock market downturn and still stay sane! As much as we love to see the value of our investments continue to climb, markets do come down. And, they go up again. Eventually.
But when they do take a downturn, it can feel like forever waiting for them to come back up. And that’s what I want to talk about today. Some people get so nervous seeing their money go south, they want to sell and stop the bleeding.
And that’s usually NOT the smartest move. Thing is, if you haven’t sold it, you haven’t lost a penny. But that’s a hard concept to hold on to as values plunge.