Market is in flux, things are scary. Should you sell?
If you’re young like me, no. Even if you’re older, probably not.
Stay diversified. What good is having bonds if you sell them when the market is up? You won’t get the benefit when the market goes down (you’ll be buying too late). What good is having stocks if you sell them when the market is down? You’ll be late to buy when the market goes back up. There may be some major craziness, but hang in there.
Just make sure you continue to diversify properly based on your age and risk tolerance.
Your moment of zen in the crazy stock world.
Of course, I’m not a professional financial adviser but that’s what many of them are saying too.
Image courtesy of tziralis