Lately, many people have asked me if they should consider turning their equity positions into cash. I know it is hard to see the S&P 500 decline like it has, and there is no denying that we are in the midst of a terrible bear market. However, it is important to remember that we are in the MIDST of the decline, not the beginning. The time to sell was 17 months ago, not now.
Unless you’re on the doorstep to retirement, you still have years to allow the market to work for you, not against you. A long-term investor should …Read More