The Stock Market Is Not Crashing (Finance)
August 7, 2024
The stock market has been down for the last month, and a ton of people feel that the market is “crashing.” I personally feel that most people are overreacting as the market is up 9-10% year to date. I totally wish that everything would be at an all time high this month instead of the lows, but the market always fluctuates. At the end of the day the market is up year to date so that is a good sign. The market might continue to decline, and it will eventually make its way back up.
I personally prefer long-term investing, so I won’t be panicking and pulling my money out of the market at a loss. I’ll continue to ride this out and hope for the best for the years to come!
Time in the market beats timing the market!