Monday Morning Money

Is Doing Nothing the Right Thing to Do?

October 4, 2020

During a Bear Market, many investors are tempted to sell their stocks and move to cash.  Many financial advisors will tell them to sit tight, and ride out the storm.  Is "doing nothing" the right thing to do?  Today we'll share some interesting data that shows that in the last market, doing nothing was better than panicking.

To see the Vangaurd study, click here:  https://personal.vanguard.com/pdf/Cash-panickers-Coronavirus-market-volatility.pdf

To visit our website, click here: https://flemingwatson.com/is-doing-nothing-the-right-thing-to-do/

 

Play this podcast on Podbean App