Comments like this, which I heard on a business channel, are what start panics. 30% of the Dow Component is equal to 9 stocks. That’s it, 9 stocks. In the universe of stocks that you can buy, 9 companies amount to almost nothing.
If you have a well diversified portfolio that matches your risk tolerance, please do not panic. Investments are for the long term. Over the long term, stocks historically have prevailed.
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