Panic-Selling Stocks Now Can Add Insult to Injury for Investors
Anybody invested in one of the three main indexes (S&P 500, Nasdaq Composite (NASDAQINDEX: ^IXIC), and Dow Jones) can tell you just how rough 2022 has been. Bear markets can be nerve-racking; there's no denying that. Nobody likes to see their portfolio dropping, especially after the bull run the stock market had from mid-March 2020 until the end of 2021.
Regardless of how uneasy you feel watching some of your favorite stocks drop, the one thing you don't want to do is panic and begin selling shares. It might seem like a good idea to stop the bleeding, but you could end up adding insult to injury.
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Source Fool.com