Without the guidance of an advisor, the self-medicating investor might overreact to short-term market volatility by selling some of their investments.
The notion that sellers can outnumber buyers on down days doesn’t make sense. The number of buyers must always equal the number of seller. What the newscasters should say, of course, is that prices adjusted lower because would-be buyers weren’t prepared to pay the former price.
I've recently had the pleasure and responsibility of working with several new widowed clients. I've had several of these conversations lately and wish to share the highlights with you.