Reported 2 months ago
As U.S. stocks rebound from a significant drop, experts advise investors to resist panic during market volatility. Long-term investing is essential, and knee-jerk reactions can lead to unnecessary costs and tax implications. Young investors may find opportunities to purchase stocks at lower prices, while those nearing retirement should evaluate their risk tolerance and possibly shift to safer investments. Additionally, individuals with debt should prioritize paying off high-interest loans before making significant investments, although a balance between debt repayment and modest investing can be beneficial.
Source: YAHOO