The Worst Mistake Investors Can Make Right Now
The U.S. is wrapping up what was a tense election season. Fortunately, the market has surged after pollsters counted most of the vote.
Nonetheless, investors always face the potential of economic, health, and societal concerns leading to massive market sell-offs, especially since an election winner may not emerge for days. Although such uncertainty is cause for concern, stockholders can protect themselves, or possibly turn the situation to their advantage. However, to make this happen, investors must avoid fear-based selling based on the election outcome.
Both a second Trump administration and a Biden administration bring with them uncertainty about the future. Nonetheless, selling all stocks based on fear of the future is one of the worst decisions investors can make.
Source Fool.com
