Saturday, May 18, 2019

Advice matters - winter 2019

Here is the article.

Avoid panicking selling

Overall, 2018 has been a difficult year for investors. North American markets are down for the year and many are concerned about slowing global growth. All the recent headlines might make you want to cash out your investments and wait it out on the sidelines. That’s an understandable feeling. However, it’s not a good idea. Leaving the markets in the midst of volatility is usually motivated by fear, which is responsible for some of our biggest investment mistakes. Anyone who sold during the 2008-09 market meltdown locked in steep losses and most likely missed a powerful rebound.

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