Jeez, someone fell asleep during high school economics class. Anyone with half a brain knows a sell-off comes after after an incline in increases. Most of investors wondered why it took so long for all those institutional investors to cash in and make a profit. Maybe because they were waiting for the rising interest rates shoe to drop, which pretty much didn't look like it was happening until now. Free advice: don't panic and bolt. Wait it out and if you have the $$ buy more stocks on this downside. When you see it increase over the next year you'll learn another lesson you slept through in class - dollar-cost averaging.
The stock market has always been up and down. We have had a huge increase since Trump became president so even if it goes down we are still up because of the huge jump in the stock market. My funds are doing good. As our economy continues to grow so will our 401K's thanks to our president.
Following Friday?s massive market selloff, the biggest points decline for U.S. stocks since the financial crisis, analysts and fund managers are laying out a laundry list of things that could derail the now almost nine-year-old bull run.
The selloff introduced a new degree of fear into the market, analysts say. The biggest worry for investors seems to be government policy, both from the fiscal and monetary side.
?Was it a good idea to hit the accelerator when the economy was already at the speed limit?? The other major worry, though, appears to be over the tax reform bill passed earlier this year by Congress and signed by President Donald Trump. Economists and money managers fear that the increase to the $20 trillion U.S. national debt could carry major blowback to markets.
?The issue is, did tax reform kill the bull market or is tax reform a fiscal policy mistake? That?s what the market is struggling with,? said Nicholas Colas, co-founder at DataTrek Research, in a phone interview.
It's true the market was growing under Obama- since Trump took office, it's been going up at an unrealistic pace- anyone who's had stock for a long time expected a correction to take place- just don't sell- people who are day traders will get slammed, but you should plan to be in for the long haul- if you want to gamble, go to Vegas.