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The Market Is Crashing, What To Do ?
The stock market is crashing, here are some steps to consider doing
Disclaimer: The material in this article is purely educational and should not be taken as professional investment advice. Invest at your own discretion. Some external links in this post are affiliated.
As of this writing, the stock market is mostly red meaning that the market is down. This could seem like a time for pulling your money out of the stock market and stashing it away somewhere so that you don’t continue losing your money. But before you go off selling your stock consider some other options.
There are a few great quotes that are quoted a lot for times like these:
“Time in the market beats timing the market”
“Be fearful when others are greedy and be greedy when others are fearful”-Warren Buffett
“Buy when there’s blood in the streets, even if the blood is your own”-Baron Rothschild
What Is A Stock Market Crash ?
According to Wikipedia, “A stock market crash is a sudden dramatic decline of stock prices across a major cross-section of a stock market, resulting in a…