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Market Panic

January 6th, 2016 Posted in Business, Finance Tips

business-time-11291126308C1YDo not panic, selling in a knee-jerk reaction is one of the worst things you can do to your portfolio. In the future yesterday’s sell off will just be another blip on the chart. Remember if you sell you then have to decide what to buy and when to buy.  Selling should be done because of a planned exit strategy. Money that you need to pay a bill due in the next year should never be in the market.

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