It’s easy to say and awfully hard to do: Buy when others are selling.
Few investors want to lash themselves to the mast of the ship in a storm such as the one we’re in right now. The S&P 500 index has fallen about 8% so far in 2016, and there could be more misery where that came from. The selloff has more to do with weakness in the Chinese economy and other overseas markets than with problems here at home. And China’s economic and market woes seem likely to get worse before they get better.
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