Avoid panic selling during market downturns from "summary" of The Little Book of Bull Moves in Bear Markets by Peter D. Schiff
When times are tough in the market, it's easy to succumb to fear and make decisions that could harm your financial future. Panic selling during market downturns is a common mistake that many investors make, and it can have serious consequences. When the market takes a nosedive, it's natural to feel anxious and want to get out before things get even worse. However, selling in a panic is rarely a good idea. In fact, it's often the worst thing you can do. Market downturns are a normal part of the investment cycle, and they don't last forever. By selling in a panic, you're l...
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