Logically, you know your asset combine ought to only modify if your aims modify. But in the deal with of extreme current market swings, you may well have a tricky time convincing on your own of that—especially if you are retired or near to retirement. We’re right here to help.
If you are tempted to move your inventory or bond holdings to income when the current market drops, weigh your selection in opposition to these 3 factors just before taking any action.
- You’ll “lock in” your losses if you move your portfolio to income when the current market is down.