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Don't Sell Stocks in a Downturn | Durham News
The biggest retirement mistake? Selling stocks during market dips. Data shows holding S&P 500 investments through volatility can turn $10K into over $61K, but missing just the top 10 best days drops it to under $23K—and missing the top 20? You’re underwater. The rebound often comes right after the crash, so panic selling backfires. Warren Buffett’s advice? Stay invested, use bonds or cash for emergencies, not to bail out of stocks. A balanced portfolio with a cash cushion lets you weather storms without selling low. Build your plan so you don’t react—you’re prepared. Listen in comfort:Get a…
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