, Columnist
Should I Sell When the Stock Market Wobbles? Some Advice
How to limit the fallout from market stumbles, while remaining true to the principles of long-term wealth accumulation.
It’s wobbly.
Source: Bloomberg
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A little more than a week ago financial markets appeared on the edge of a precipice, about to be overwhelmed by the delta variant’s insidious spread and the plateauing economic recovery. Yet just days later, the S&P 500 put in back-to-back record highs.
Such market tremors and uncertainty are disconcerting for market professionals. But they are particularly nerve-wracking for private investors, especially perhaps for the 15% who only began investing last year.