3 Reasons to Sell Stocks Right Now
There's no question about it. This is a scary time to be an investor.
The global coronavirus pandemic has brought a near-unprecedented shock to the U.S. stock market, which just experienced its quickest descent ever into a bear market, defined as a drop of at least 20% from a recent high.
No one knows how long or severe the outbreak could be, but the situation in countries like China and Italy shows that daily life, and the economy along with it, could grind to a halt. If you're thinking of selling your stocks, you're not alone. Searches for "Should I sell stocks" have soared on Google over the last few weeks as the market's plunged. It's no surprise that in a global pandemic, some investors seeking the safety of cash and bonds.
Source Fool.com
