Even if the Stock Market Crashes, I'm Not Selling Lemonade
After a soaring 2020, many experts were predicting a market crash coming into 2021. That hasn't happened yet, and the S&P 500 reached new highs in May. The Labor Department released the Consumer Price Index for April, which increased more than expected, leading to inflation fears.
Despite the broader market rise, the tech sector has seen a sell-off, likely due to prices that have skyrocketed without regard for valuation. Lemonade (NYSE: LMND) stock has been sinking, and it tanked after its first-quarter earnings report. Even after a recent recovery, it's down 36% year to date. But I'm not selling now, or even if the market crashes. Here's why.
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Source Fool.com
