What to Do When the Stock Market Drops
Editor’s Note : The following article is from InvestorPlace CEO, Brian Hunt. With so much negativity plaguing the markets recently, we thought it appropriate to address what is going on, what you should do, and most importantly, what you should NOT do. Hello, Reader. When the stock market goes through a big drop and your portfolio’s value is going lower and lower, it can be difficult to know what to do. It’s an emotional time, and mistakes are common when we are feeling pressure. What about my retirement…? My kid’s college education…? My dreams of financial independence…? Well, when the market takes a nosedive there are some things you should do, and also some things you absolutely, positively SHOULD NOT do. And we can learn a lot by looking at one of the biggest business stories of the past 100 years: Amazon.com Inc. ( AMZN ) . If you were asked to name some of the biggest stock market winners of the past century, there’s a good chance Amazon would come to mind. After all, Amazon has gone from a small online bookseller to one of the world’s largest, most powerful companies.
What to Do When the Stock Market Drops
Editor’s Note : The following article is from InvestorPlace CEO, Brian Hunt. With so much negativity plaguing the markets recently, we thought it appropriate to address what is going on, what you should do, and most importantly, what you should NOT do. Hello, Reader. When the stock market goes through a big drop and your portfolio’s value is going lower and lower, it can be difficult to know what to do. It’s an emotional time, and mistakes are common when we are feeling pressure. What about my retirement…? My kid’s college education…? My dreams of financial independence…? Well, when the market takes a nosedive there are some things you should do, and also some things you absolutely, positively SHOULD NOT do. And we can learn a lot by looking at one of the biggest business stories of the past 100 years: Amazon.com Inc. ( AMZN ) . If you were asked to name some of the biggest stock market winners of the past century, there’s a good chance Amazon would come to mind. After all, Amazon has gone from a small online bookseller to one of the world’s largest, most powerful companies.