Today weaEURtmre going to talk about the biggest threat to your portfolio (and dividends!) you face in 2020.
ItaEURtms not a recession. ItaEURtms a near-irresistible human impulseaEUR"purposely amped up by the financial pressaEUR"that could lock in big losses for you, or cause you to miss out on a huge gain, like the 486%+ some investors left on the table.
LetaEURtms talk about that now. It starts with all the doom-and-gloom stories youaEURtmve likely read about a looming market crash lately. (TheyaEURtmre hard to miss: you can find at least one on most major news sites every day.)
First off, donaEURtmt believe the hype: truth is, thereaEURtms a lot of data saying we arenaEURtmt anywhere near a downtick, let alone a full-blown once-in-a-lifetime collapse. As I recently explained in aEURoe2 Investment Worries to Shrug Off (and Profit From) in 2020,aEUR the numbers suggest the US economy is in a healthy, medium-growth environment: pretty much the opposite of a crash or the bubbly activity that precipitates a crash.
But youaEURtmd never know it from the last decade of headlines aEUR
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.