The steep fall and heightened volatility in the equity markets due to the covid-19 pandemic and the already fragile economic situation have made most equity investors uncomfortable.
The retired and senior citizen equity investors see this raid on their portfolio values as particularly devastating as they fear that they may not see a recovery in their lifetimes.
In such a scenario, they may consider cutting their losses at this stage and moving to cash. While the panic is real and the concerns genuine, reacting to them without giving due consideration to specific needs and situations may do more harm than good.
Here is how the retired can handle their equity portfolios. Assess role of equity A retired investor’s portfolio that is built to