They Don't Ring A Bell At The Bottom
Stock and bond markets are falling, inflation is persistent, and the media keeps talking about a recession…what portfolio changes should you make? Should I Sell My Stocks? The current volatility in the stock market has many people asking the same question. The answer is no, you should not sell your stocks. Let’s remember that the average intra-year decline (drop at some point during one calendar year) is about 14%. We simply forget about this after the markets have recovered again. When your portfolio falls steeply, it is normal to have an emotional response. Do not react to it! By far the most powerful emotion in investing is long-term regret, and if you sell now, you will certainly regret it later.