Living in Fear of a Market Downturn? You may consider changing the way you think about investing.
It’s easy to feel anxious about investing these days. Those who claim they can foresee market moves are out in force, on screen after screen, citing factors such as trade wars or the inverted yield curve as signals that stocks will soon go down.
Maybe we will have a recession, maybe we won’t—but be wary of predictions on how markets will behave. It’s a losing game. The results of those who try to time markets or pick winners have been studied extensively, and there is no compelling evidence they do better than you would expect by chance.
David Booth. Photo by E. Jason Wambsgans/Chicago Tribune/Tribune News Service via Getty Images