How To Survive A Market Selloff
While the market sell-off of the past two months has been gut-wrenching, the S&P 500 is only down about 12% from all-time highs.
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Charles Sizemore manages the Strategic Growth Allocation and Long Term GARP portfolios offered by Interactive Advisors, an online investing marketplace and a division of Interactive Brokers Group. He is also the Chief Investment Officer of Sizemore Capital Management, a registered investment advisor.
While the market sell-off of the past two months has been gut-wrenching, the S&P 500 is only down about 12% from all-time highs.
The 10-year Treasury yield popped above 2% in February. It’s since slipped lower as investors dump stocks and run to the comparative safety of bonds.
Inflation is running rampant, but Microsoft (MSFT) in my view offers a glimpse at a futuristic solution: artificial intelligence (AI).
You can almost ignore inflation when it runs at 2%. It will sneak up on you and, over time, that 2% will compound and erode your purchasing power.
That’s the essence of knowing when and how best to take a loss on stocks. You should look to sell when something has fundamentally changed and get out before it’s too late.
We’re a long way from the 2021 tax filing season on April 15 of next year. But if you want to lower your tax bill, there are steps you may help.
Most of us had never heard of Evergrande until it showed up in the headlines in recent weeks. Evergrande is one of the largest real estate development companies in the world.
A quick glance at the price of homes might make you think it’s 2008 all over again. But in my opinion this housing market is a different animal.
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