Logically, you know your asset mix need to only change if your ambitions change. But in the experience of extreme current market swings, you may possibly have a difficult time convincing yourself of that—especially if you are retired or near to retirement. We’re below to assistance.
If you are tempted to transfer your stock or bond holdings to funds when the current market drops, weigh your final decision towards these 3 factors right before having any motion.
- You’ll “lock in” your losses if you transfer your portfolio to funds when the current market is down.
The moment you have sold,