It is a Good Idea to Keep Investing Through the downturn.
Over the long run, the stock market tends to go up and the economy grows. While bear markets may interrupt this otherwise bullish trend, these downturns always have ended and ultimately reversed, reaching new highs. By investing through bear markets, you can buy stocks when they are priced lower and accumulate stronger positions.
Dollar cost averaging is a good way to start. Start small and keep buying through the downturn. In the long run, the price of the stock will appreciate. Wait patiently and you will be rewarded.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments