“Preparing For Worse Doesn’t Mean Dumping Stocks”: Investing Wisdom From Market Guru Sam Ro
An AI-generated image of a distraught trader
Eminent financial writer Sam Ro’s wisdom nuggets on investing strategy during downturns.
- The best strategy for long-term investors is to hold and stand fast through what could be a big downturn. As they say, time in the market beats timing the market.
- Make no mistake. We very well could be on the precipice of a bigger pullback. But, preparing for worse doesn’t mean dumping stocks.
- Buy-and-hold clearly dominates.
Sam Ro’s original article follows:
It’s OK to have emotions — just don’t let them near your stock portfolio
📉 The stock market fell, with the S&P 500 shedding 1% last week to close at 5,954.50. It’s now up 1.2% year to date and…
