Is It Safer to Pull Your Money Out of the Stock Market or Keep Investing for Now?
A highly volatile stock market is enough to make anyone sick. After experiencing the worst first half for stocks in over 50 years, the market rebounded with its best month since 2020 in July. And although August started off strong, it's retraced below where it started the month.
You might be thinking it's time to get off the roller coaster. After all, the future still seems treacherous. The U.S. just reported its second quarter of GDP contraction, and while earnings have been better than expected for most companies, those expectations were already very low to begin with.
But pulling your money out of stocks in search of safety now may be a big mistake.
Source Fool.com
