The Effects of Recent Economic Events on American Investors – Daily Access News

The Effects of Recent Economic Events on American Investors

Don't let emotions mess up your investment plan.

When money is on the line, it’s particularly difficult for people to be patient and not get emotional about their investments. In some cases, financial stress leads to runaway emotions. The problem with runaway emotions is they tend to force people into making rash investment decisions. That hardly ever turns out well in an unpredictable economy.

At a time when the U.S. economy is teetering because of the Covid-19 pandemic, keeping one’s outlook in check has become difficult. After throwing in high unemployment and a shrinking market for jobs, it’s simply amazing more people aren’t coming off their emotional rails. Hopefully, things don’t get worse before they start getting better.

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