The mistake of selling out in a down market

Previously, I briefly touched on the possibility of investing in a down market. A broadly diversified low-cost index fund is likely to be a great value purchase at this time, as fear overcomes the market and investors greatly undervalue companies. These are investments in companies that are still going to be here and setting records for years down the road. However, I’m no financial advisor or guru, nor can I pretend to be one so you’ll probably want advice from someone far smarter than me.

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