The Stock Market Is Tumbling: 3 Actions to Take & 3 Stocks to Consider Buying - Fox Business
For all intents and purposes Wednesday and Thursday have represented the two ugliest days for the stock market (especially the Dow Jones Industrial Average ) and investors in quite some time. The Dow's 358-point tumble on Thursday brings its two-day drop to 520 points, while the broad-based S&P 500 has shed 61 points combined in its previous two sessions. Despite the market indexes tumbling, I'd suggest you take these three actions (which I refer to as the three "R's") to heart. The stock market isn't an investment vehicle that rises in a straight line, and corrections in the broad-based market are a natural and healthy thing. Trying to predict which way the market will vacillate on a day-to-day basis is pretty pointless, meaning you shouldn't be too concerned with the magnitude of its daily swings. Realize: Investors should also realize that the stock market offers them their greatest change to retire comfortably over the long run. Sure, you could always bank on winning the lottery or finding a Picasso in your attic, but it's undeniable that the stock market's historical returns handily outpace the return you'd get by investing your money in CDs, savings accounts, bonds, and... Source: www.foxbusiness.com
