Logically, you know your asset combine ought to only modify if your targets modify. But in the encounter of extraordinary current market swings, you could have a tough time convincing oneself of that—especially if you are retired or shut to retirement. We’re below to support.
If you are tempted to transfer your stock or bond holdings to money when the current market drops, weigh your determination against these three factors before taking any motion.
- You will “lock in” your losses if you transfer your portfolio to money when the current market is down.
At the time you have bought, your