With all the chaos taking place around the world due to the COVID-19 pandemic, many people are worried about the future, worried they might get sick, and / or worried about their financial future as markets plunge around the world into bear market territory.
What should you do?
What should you NOT do?
We certainly don't have all the answers (although you may want to stock up on toilet paper:-), but we can offer some practical suggestions on making it through these challenging times with as little stress as possible.
1. Leave your investments alone!
You haven't lost any money yet, technically speaking. A loss is only guaranteed if you sell now. Instead, hold your positions in the market and ride the roller coaster to a better place in the future.
The only people who get hurt riding a roller coaster are those who jump off!
It might be hard to stay the course seeing your portfolios down double digits in just a few short days, but the market has always...