Bear with it — as volatile markets require patience and calm – The Oakland Press

Many novice stock investors started trading actively during the onset of the COVID lockdown, believing that picking winners was relatively easy. But the current downturn in the market has brought them back to Earth again. They have learned that actively buying and selling securities for an extended period of time is quite difficult.

It’s not easy money as they initially thought. Just ask the majority of investors who have endured three consecutive painful quarters.

In a strong bull market, beginners may seem brilliant, but over time, the markets have a way of humiliating new and experienced investors alike.

Professional money managers are backed by research teams and have access to a vast amount of historical data. And it’s their full-time job. Therefore, it may be wise to consider leaving your money management to the professionals. Especially now that people are commuting to work and outdoor life is returning to normal.

With a full-time job and a family, actively managing and trading a portfolio is a daunting task. Many investors turn to professional advisors to help them with their financial planning and investments. Maybe it’s something to keep in mind.

Also Read :  Dollar firm as markets brace for another big Fed rate hike

As we enter the final quarter of the year, it’s been an awful time for almost everyone. In the past, the bond portion of a portfolio helped offset hard times with stocks. But that’s not happening this year. With both bonds and stocks depreciating this year, it’s nearly impossible to find shelter during this financial storm.


Leave a Reply

Your email address will not be published.