Well here it is folks, the stock market drop we all knew would eventually come. U.S. stocks are down around 12% this week, while global stocks aren’t doing much better. But in times of market turmoil, it’s essential to keep perspective. Here’s why to stay calm and stick to the plan, along with some practical steps (and non-steps) to take when the market tanks.
Everything You Always Wanted to Know about Investing (But Were Afraid to Ask)
Investing is kind of like sex: everyone’s doing it, but no one’s talking about the basics. Instead, it’s the sensational aspects that get all the airplay. The result is an essential topic that’s often misunderstood and over-sensationalized. Here we’ll look beyond the facade to tackle the nitty-gritty essentials of investing and provide some practical perspective on key questions.
The market: What goes up must come down
It’s official: the U.S. stock market has entered the longest bull market in its history. Since the stock market hit bottom in March 2009 during the financial crisis, U.S. stocks are up well over 300%. What does this mean for you? What goes up must come down. It’s inevitable the stock market will experience a downturn, and plenty of economists are predicting sooner rather than later. Here are three things you can be doing now to prepare for the next bear market.