5 Reasons Not to Worry About the State of the Market
2020 has been a wild ride for investors. In the first quarter, the S&P 500 fell hard and fast to bottom out at 30% off its peak high. And then, the index climbed uphill for 10 weeks to wipe away most of those losses -- even as COVID-19 still takes its toll on the health and economy of our nation. You'd breathe a sigh of relief, if only you weren't worried about ongoing recession and the possibility of another round of volatility.
It's natural to feel anxious about the prospect of your portfolio losing 10%, 20%, or 30% of its value for a second time this year. After all, you could see years' worth of savings disappear in a single bad trading day. The thought of it could have you losing sleep, second-guessing your investment decisions, and compulsively checking your portfolio daily, ready to sell off your mutual funds at the first sign of trouble.
Image source: Getty Images.
Source Fool.com
