Monday, June 19, 2017

You should not panic and sell when the markets are going down

Don’t get spooked when markets correct and decide to move into more conservative funds. Investors in their 20s and 30s should “hope the market goes down, down, down. Because the more it goes down, the more shares you buy. I want to educate them not to look at how much they have in dollar value; look at how many shares. As number of shares climb, investors over time will be “happy no matter what happens.”

Suze Orman is a award winning certified financial planner and author of several books including 'The Road to Wealth'. She went from being a waitress at age 30, making $400 a month, to now having her own TV show and a net worth of $30 million dollars.