Don’t Panic. Be patient.

Richard Bernstein Advisors has written a very helpful analysis of how best to navigate this brutal market selloff. In particular, they warn about trying to buy at the bottom and investing too soon, but most importantly to not panic and sell if it isn’t necessary. It may take a few years to recover, but the stock market always does. In the meantime, your dividend payers should continue paying income so that you can sit back, relax, and enjoy your investment income.

Please read their analysis here:

Richard Bernstein Advisors Insight

2 thoughts on “Don’t Panic. Be patient.

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  1. Hi Michael, Just wondering where you are.

    I took my daughter and granddaughter to Cuba for a week mid January and then I went to Portugal, the Algarve for one month, returned home March 4. Was not sad to leave as the discussion about the coronavirus was beginning to be overwhelming as it was at every channel on television.

    The stock market is obviously something I have never seen before, sickening however I have sold nothing.

    Glenys

    >

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    1. Glenys

      We are back on Ottawa with no issues, thanks.

      The only thing to do at this point is to hold on, turn off the news, and pretend that one is Rip Van Winkle and wake up in about a year when, hopefully, this will be over.

      Like

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