5 Reasons You Should Not Panic Sell
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It's only human nature to want to sell your investments in a down market. Most of us are risk-averse and want to avoid losing more of our money. But when it comes to investing, a logical approach and a long-term mindset are required to outsmart the short-term down markets. Before you decide to sell your investments, consider the following:
There have been approximately 33 major recessions in the United States from 1854 up until 2018. Of all these recessions, 100% of them have seen a rebound to surpass former market highs. What does this mean? Recessions are a natural part of the economic cycle. There's even an argument that they are healthy when looking at the big picture for the economy.
Source Fool.com
