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Aug
24
Understanding This Market
Some of the most difficult times to be a long-term investor are those periods when short-term investors are looking over their shoulders for any excuse to sell.  They're convinced that the market is going to go down before they can get out, and so they jump on any bad news that comes across their television screens. And, of course, on Friday and again this morning (Monday) we saw this in action.  With all the economic drama playing out in the world, there were plenty of opportunities to panic.  The Greek Prime Minister has resigned!  China devalued its currency a few days ago by 2%!  Chinese stocks are tanking yet again!  The Fed might raise short-term interest rates from zero to very nearly zero!  It's the end of the world! Or is it? A...
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 Securities offered through American Portfolios Financial Services, Inc. Member FINRA/SIPC (FINRA/SIPC). American Portfolios Financial Services, Inc. and American Portfolios Advisors, Inc. are not affiliated with any other named business entities mentioned.

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