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Markets are down


Published on 2025-03-19 21:01:23 - LAist
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  • Don't pull your money out: If you have money in a retirement plan or investment account and the markets have dropped significantly, that's actually the worst time to sell your stocks, says Sokunbi. A stock is an asset.

The article from LAist discusses strategies for managing investments during a market downturn. It emphasizes the importance of not panicking and making rash decisions like selling off investments at a loss. Instead, it suggests several approaches: maintaining a long-term perspective, as markets historically recover over time; rebalancing your portfolio to ensure it aligns with your risk tolerance and investment goals; diversifying investments to spread risk; and considering dollar-cost averaging, where you invest a fixed sum at regular intervals regardless of market conditions. The piece also advises against trying to time the market, as this often leads to buying high and selling low. Instead, it recommends staying informed but not overly reactive to daily market fluctuations, and possibly consulting with a financial advisor to tailor strategies to individual circumstances. The overarching message is to remain calm, stick to a well-thought-out investment plan, and view downturns as potential buying opportunities for long-term investors.

Read the Full LAist Article at:
[ https://laist.com/brief/news/the-markets-are-down-heres-how-to-handle-your-investments ]