Investors: Get Ready for a Bumpy Ride
Things are more than a little crazy on the stock market right now. Yesterday, when the news of the Fed liquidity plan came to light, the stock market did a little jump for joy. Today, as the implications of the plan sink in, stocks are crashing. Again.
But, as Money magazine points out, dumping all of your stock may not be the best option:
So even though your gut may be telling you otherwise, you don’t want to abandon stocks. Nor do you want to embark on what may seem like a plausible strategy of getting out now with the idea of jumping back in at a more opportune time in the future.
It’s time to rethink your stock investments, and diversify to bonds and even perhaps gold. But it’s not time to get out of stocks altogether. In fact, if you have the risk tolerance for it, a few well-thought-out stocks may be a good addition, since they are at such bargain prices right now.
Tags: Fed-liquidity-plan, investing-blog, investors, personal finance blog, risk-tolerance, stock-investments, stock-marketRelated Stories
POSTED IN: Investing, News, Personal Finance
0 opinions for Investors: Get Ready for a Bumpy Ride
No one has left a comment yet. You know what this means, right? You could be first!
Have an opinion? Leave a comment: