Bailing on the stock market during volatility is a ‘loser’s game,' financial advisor says. Here's why
Publishing timestamp: 2024-03-07 14:20:27
Summary
Skittish investors may want to bail on the stock market during volatile periods, but analysis from Wells Fargo shows that staying invested generally leads to higher returns. Missing the best trading days can significantly reduce average annual returns, making it difficult to time the market. The best strategy is to stay invested across multiple asset classes and ride out the storm.
Sentiment: NEUTRAL
Tickers: .SPX,
Keywords: personal finance, investment strategy, s&p 500 index, business news, stock markets, breaking news: investing,