by
Lance Gunkel, CFP®, CFA, Managing Director
|
August 20, 2020
Show Notes
Managing Director Lance Gunkel explains how the emotion of panic may drive investors to sell their investments at an inopportune time. He shares a specific example from 2020 of how nearly 1/3 of investors over the age of 65 sold all their stock resulting in missed opportunities. He talks about why panic selling is bad for your financial health and a solution for resting easier when the market faces turbulence.
Finance Moment…Syverson Strege’s mini-podcasts to provide rapid-fire information on financial topics of the day.