US stocks sank Thursday morning after the latest GDP report showed that US economic growth slowed to 1.6% in the first quarter of the year, a much weaker pace than expected.
Almost half of the “loss” this article refers torebounded even by the time I wrote this comment compared to when the article was published
So would you advise to ignore all headlines for 24 hours-ish, to see if the losses are real or just a blip?
Also,
yes in general it’s a bad idea to be making active trades in a 401k with a time horizon of decades based on day to day minor fluctuations of the stock market.
That didn’t answer my question though. I wasn’t asking about trading, but if a news article like this one comes out, should it be ignored for a certain amount of time, since you seem to think its not legit/sensationalized, based on your ‘half of the loss rebounded by the time I wrote this comment’.
Yes, I am…
Also,
That didn’t answer my question though. I wasn’t asking about trading, but if a news article like this one comes out, should it be ignored for a certain amount of time, since you seem to think its not legit/sensationalized, based on your ‘half of the loss rebounded by the time I wrote this comment’.
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