The market reaction has left many consumers feeling uneasy about their portfolios, leading some to pull out of their investments.
“If there’s no significant reason other than short term volatility in the market…hold your positions. You don’t want to be moving in and out of positions trying to time the market. You want to make sure that you continue to hold fundamentally strong investments.” “It’s looking at what the markets mean to you,” Shelestowksy told CTVNews.ca by phone Thursday. “If you have an S&P 500 traded investment, then you are really feeling the brunt of this.”
“If you’re five or 10 years away from retirement, hopefully you’re putting money in monthly and you’re going to make out like a bandit when the market rebounds,” said Shelestowksy.
Source: Financial Digest (financialdigest.net)
It’s a buyers market.
Wish we had more cash to BUY. This is a terrific buying opportunity - time to take advantage of panic sellers! Quality investments haven't lost value, and will rise again.
Canadians are probably some of the only people with money left in the market..
The stock markets should be the least of our problems now. Shut them down. People over dollars
This could be the collapse of the financial system...
Do you really think there won't be any panic over investments when people went crazy over toilet paper?Lol
You tell people not to panic but then you close down a big chunk of the province.
We'll be dead, but our money will still be making money. Cool.
How can you not panic when the TSX has its biggest drop in 80 years?! If you don't think this is going to get much worse, you are wrong.
you can't eat money money won't keep you safe from this virus care for yourself, care for your family, the worst is yet to come
diversify !!!!!!
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