Is the entire market taking its lumps? If so, your then investment isn’t immune. If one or more sectors of the stock market are taking a licking, consider the impact to your stock, bond, or mutual fund. A sluggish economy, or one that is in retreat, can play havoc with investments. Investments are long-term endeavors. Don’t sell just because of an economic downturn. You’ll take a loss.
An economic downturn can create a buying opportunity if it sends the price of stocks spiraling downward.
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