FOX4TV – Market Correction of Feb2018
Early February of 2018 – the stock market was crashing and there seemed to be a lot of concern. If you look at the numbers, it’s the biggest single drop ever, but if you look at percentages, it is not. James says short term investor emotions caused the market crash and that nothing is driving this drop long term. He adds that the economy is good and corporate profits are soaring.
If you are uncomfortable with the market volatility, you should take action, but not immediately. James says the right time to make your portfolio less risky is before the drop. The worst time to sell is right after a fall.
See the full video for more…