Stock Market Downturn: 1 Effortless Way to Avoid Losing Money
When the stock market takes a turn for the worse, it can be nerve-wracking to invest. Your portfolio has likely dropped in value, and it may be tempting to pull your money out of the market before stock prices fall any further.
If you're worried about losing money during this market downturn, you're not alone. But there's a simple and effective way to protect your savings regardless of whether this slump worsens or not: Keep your money in the market.
During a market downturn, stock prices are lower. In some cases, certain stocks can fall 20%, 30%, 40%, or more when the market is in a slump.
Source Fool.com