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These factors must persist beyond just a few months.
Experts explained whether you shouldbuy stocks in an economic downturn.
Investors look at the market with a long-term perspective, keeping historical performance in mind.
Over the past 100 years, the market has consistently trended upward.
He exercises caution in buying when the market is at a peak or climbing rapidly.
These are things that will be in demand regardless of the economy.
Sectors such as healthcare, consumer goods, utilities, etc., may be wise choices, he said.
Remember, the stock market has a nasty habit of climbing the wall of worry, he said.
A perfect example is the Great Recession, he explained.
Many people in that situation had to delay retirement.
There wasnt much they could do at that point.
The trade-off is that youll likely see lower returns.
As the saying goes, more risk, more reward.
Look at your brokerage statement quarterly, not monthly.
Delete the app on your phone and remove the bookmark on your internet tool.
Investing should be based on sound advice or experience.
Age and time horizon, in my opinion, are not the biggest concerns.
The biggest concern should be that buying an individual stock should be a very small percentage of ones portfolio.
A typical market pullback, in a calendar year, is around 14%.
As of now, the market is only down around 2% year-to-date.
You are only nervous because the news is telling you to be nervous.
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