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He’s Not Selling His Stocks

NewspaperToday’s article features a discussion from an author on why he won’t be selling his stocks anytime soon. Here’s what he had to say, “My savings are composed primarily of low-cost index funds holding stocks, bonds, cash, and real-estate. If the stock market collapsed, this diversification would cushion the blow. It would also (I hope) keep me from panicking and selling near the bottom. (This is a real risk, one I occasionally succumbed to early in my investing life.) I also have enough of my portfolio in cash that, if the market does crash, I’ll be able to rebalance into stocks at a much lower level.” To read more, CLICK HERE.