Lost a Bomb after Market Crash? Stay Calm and don’t Panic!


 

Ouch! There’s no easy way to put it – seeing a significant chunk of your portfolio value evaporate in a market downturn is a gut punch.  For me, that recent dip translated to a paper loss of more than $60,000, representing more than 3% of my net worth and many months of my salaried income. And let’s be honest, even though we intellectually understand that these fluctuations are part of the investment game, it still hurts. A lot. If you’re feeling that same knot of anxiety in your stomach, know that you’re not alone. This isn’t the first rodeo for many of us. Memories of 2020, 2018, even the more distant echoes of 2009, likely resurfaced. It feels like the same old story playing out again – a sharp decline that leaves us questioning our decisions and staring at red numbers on our screens. It’s easy to get…



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