Money Monday: 5 things to do during a market correction
Profit selling, corporate earnings and fear can trigger a market correction
The advertiser paid a fee to promote this sponsored article and may have influenced or authored the content. The views expressed in this article are those of the advertiser and do not necessarily reflect those of this site or affiliated companies.
SAN ANTONIO – Like the weather, the stock market experiences highs and lows - sunny days as well as gloomy ones, and the forecast can change at any given time.
But even in weeks when storms seem to be unceasing, we can usually count on brighter days ahead. That’s why it’s important to keep market corrections in perspective.
Profit selling, corporate earning, technical analysis and fear can trigger a market correction.
Texas Financial Advisory has five suggestions on what you can do during this time.
1. Be patient.
2. Don’t overthink it.
3. Fight your instincts.
4. Stay diversified.
5. Work with your financial advisor to reassess your situation.
If you need a financial adviser, Texas Financial Advisory an independent financial adviser is available to assist you.
For more information, visit texasfinancialadvisory.com or call 844-832-7469.
Copyright 2020 by KSAT - All rights reserved.