Also, sitting in cash and waiting for the market to rebound could mean buying back in at a higher price. On the other hand, you don’t want to panic-sell your existing investments and take a loss. On the one hand, the market downturn presents a great opportunity to capitalize on buying investments “on sale” and can potentially take advantage of crystallizing a capital loss in taxable accounts. DIY investors may be pondering changes to their investment strategy. Indeed, mutual fund investors may be wondering whether it’s the right time to switch from their expensive financial advisor to a low-cost portfolio of index funds using a robo advisor or online brokerage. Recent stock and bond market turmoil has many investors thinking about making changes to their portfolios.
0 Comments
Leave a Reply. |